October 10, 2007

11 Documents to Maintain for Your Company's Legal Health

  • Standardized contract or terms and conditions.
    The most important risk reduction document.
  • Standardized proposal or RFP/RFQ.
    Proposals are for integrators; RFPs are for owners.
  • Standardized purchase order.
    Seals the deal and (ideally) neutralizes contrary terms.
  • Standardized rider/addendum.
    The antidote to "take it or leave it" contracts.
  • Employee handbook.
    The rules for your workers.
  • Noncompete / nondisclosure agreements.
    Protects your most important assets - your ideas.
  • Employee benefit documents.
    Everything from retirement to tuition reimbursement plans.
  • Corporate minute book and other records.
    Maintaining company formalities protects owner assets.
  • Intellectual property schedule.
    Tracks all inventions.
  • Employee R & D agreements.
    Makes clear employees are working for you when innovations are made.
  • Intellectual property licensing agreement.
    It is important to have an intellectual property strategy.