The United States Bureau of Labor Statistics most recent data from 2021 states that 20% of all businesses fail during their first two years of operation, 45% close their doors within five years, and 65% within ten years. The agency reports that only 25% make it 15...
Lufkin Legal Blog
What are examples of unfair competition – and what can I do about it?
The corporate world can be ruthless, but it is also subject to the rule of law. Rival firms can compete for customers, but they have to do so in a way that is fair and above board. There are instances when competitors do not follow these rules. Some common examples of...
4 basic provisions in a real estate contract to know before buying property in Texas
Real estate is arguably the largest transaction that we enter during our lifetime. As such, it is important to do a little research and have a basic understanding of how the process works and the legal documents that guide the transfer. When it comes to buying...
How can you prepare to draft a will?
Planning for the future is a unique and deeply personal process, and creating critical financial and legal documents depends on one’s individual concerns and objectives. If you are considering the plans you need for security and control over your assets, you will...
3 things to know about business formation and corporations
Business leaders looking to incorporate need to consider various factors when making their decision. For some, a limited liability company (LLC) or partnership may make sense. For others, a corporation. But why and which one? There are different types of corporate...
EPA fines small business $10K for regulation violation
The Environmental Protection Agency (EPA) is a federal agency tasked with using various rules and regulations to help protect people and the environment from significant health risks. It has the authority to move forward with both civil and criminal actions against...
What are legal remedies if a worker steals trade secrets?
Workers switch jobs, it is one of the things that helps to keep markets competitive. But what happens when a worker takes more than their skills with them? What happens if they take your business’ trade secrets? Business leaders that find themselves in this situation...
Common causes of trucking accidents
With every advance in automobile technologies, the roads we drive on become safer for everyone. Despite these advances, trucking fatalities are at a 30 year high. With how common fatalities have become even with all the safety features that new cars have, what is...
Stuck in probate? Two ways to speed up the process.
Probate. Some see it as a dreaded word, something to avoid at all costs. After all, going through court to sort out the distributions of assets sounds horrid. In some cases, it lives up to the reputation. But in others it works out just fine. With a little prep work...
Will the EPA implement strict emissions standards in 2022?
In order to get to the answer, we need to dive into a bit of recent history. Back under President Barack Obama, the EPA proposed a change to emissions regulation presented as the Clean Power Plan. This plan would have required electric plants cut their emissions to at...


