Employment Contracts

When negotiating an employment contract, it's important to look toward the future. While you hope you remain a part of the company for many years to come, you never know what could go wrong.A contract that includes a severance package will give you peace of mind, as...

There usually comes a time in the career of successful first-time executives when they realize they give more than they receive. When executives take on their first term as a Chief Executive Officer (CEO) or another C-level position, their employment contracts...

In the era of high technology employment, intellectual property (IP) fills a massive role. Just about every large corporation, including those in the Detroit area, utilizes intellectual property in some form. Much of this property rightfully belongs to the employer....

Many employment attorneys talk about what executive contracts should and should not contain. We have written about and discussed contract clauses several times in our legal blog. These topics are important to executives concerned about protecting themselves, but...

If you are on the hunt for an executive-level position, you might be tempted to take the first offer that comes your way -- especially if you really want to work for a particular company. No matter how excited you are about your prospects, however, it is usually wiser...

"Severance agreement" and "severance package" are common terms. But do you really know what they mean? To spare you embarrassment over having to ask, here are answers to your questions about severance agreements. What is a severance agreement? A severance agreement...

Being hired as an executive at a company can come with a lot of perks including a nice base salary with opportunities for you to earn bonuses. While all of these may leave you wanting to ask where you need to sign your contract so that you can get started, you may...

Years and years of study and work go into building a successful career. But how much time will you put into studying your employment contract?Unfortunately, if you don't know what's in the "fine print," then your compensation, job satisfaction and job security could...

When a professional- or executive-level employee is going to get laid off at work, the employee will often receive a severance package from his or her employer. Perhaps, for example, the employee will receive a year's worth of pay and a year of insurance benefits in...