Capped Commissions

freelance articlesAs a sales representative for a computer software company, Richard received an annual salary and sales commissions as determined by a compensation plan that was part of his contract. There was a specific formula for how commissions were to be calculated, but language in the plan gave the company broad authority to make a final decision about compensation and to change the plan at any time. Continue reading

Is Your Business at Risk?

We’ve all heard about the woman who spilled scalding coffee on herself and successfully sued McDonald’s or heard reports of burglars suing homeowners after injuring themselves during a burglary. And don’t forget the story of the Winnebago owner who won … Continue reading

FDIC Insurance Update

Last summer, a law was enacted that raised the standard maximum deposit insurance amount (SMDIA) to $250,000. The law made permanent a previous temporary increase to $250,000 from the former maximum limit of $100,000. The new permanent maximum limit should … Continue reading