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Law Offices of Peter J. Lamont: New Jersey Top Business Litigation Attorneys | Peter J. Lamont
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I see this every December. Small business owners discover they're stuck with vendors they wanted to fire back in March. Or they get hit with surprise price increases they didn't authorize. Or they realize that "standard service" somehow morphed into something completely different from what they're actually paying for.
New Jersey bars expiration of the underlying funds during the first twenty four months and prohibits dormancy fees during that same period. If a dormancy fee is charged later, it cannot exceed two dollars per month.
Seasonal roles do not erase wage and hour duties. New Jersey’s Wage and Hour Law and the federal FLSA still govern pay, overtime, and recordkeeping. Classify workers as employees unless a true independent contractor relationship meets the New Jersey ABC test.
Attorney-client privilege in New Jersey protects confidential communications between a client and an attorney for the purpose of obtaining legal advice. Once a third party is introduced, privilege is usually waived unless that third party is necessary to the rendition of legal services and bound by confidentiality.
As the fourth quarter approaches, small and mid-sized businesses in New Jersey should view September as the time to prepare. Waiting until the end of the year to address risks and obligations often leads to unnecessary disputes and expenses. A careful review now can prevent problems later.
