The Foundry Law Blog

The Importance of Information Security Policies & Why Your Company Needs One

Information security policies, also known as “ISPs,” refer to a collection of directives, regulations, and rules that advise and direct how an organization manages, protects, and distributes its information. These policies often cast a wide net, as they normally address all of an organization’s data, programs, systems, facilities, infrastructure, users, and third and fourth parties. […]

Are Electronic Signatures Valid in Washington?

In many instances, yes. Washington adopted the Uniform Electronic Transactions ACT (UETA) in 2020. UETA sets forth specific requirements concerning the validity of electronic signatures for transactions related to business, commercial, and governmental matters. Learn of best practices to help ensure your business complies with the law. What Makes an Electronic Signature Valid in WA? […]

What Does Indemnity Mean and How Does it Impact my Business?

“Indemnity” is a legal term that often arises in discussions and dealings with business contracts. The term means that if one party to a contract suffers a loss because of a second party’s conduct, the second party has to compensate the first party. Please note, though, that the specific scope and effect of an indemnity […]

Non-Solicitation v. Non-Compete Clauses

Non-solicitation and non-compete clauses are both common provisions that employers incorporate into employment agreements. While the two may have similarities, they are quite different provisions that accomplish separate goals. Note, too, that in 2019, Washington state revised its non-compete laws. This means that if your employment contracts include a non-solicitation and/or a non-compete clause, now […]

New Washington Law Limits Use of Certain Nondisclosure and Nondisparagement Provisions in Employment Agreements

  Washington Governor Jay Inslee signed into law the Silenced No More Act on March 24, 2022. The new law places specific restrictions in the way employers use nondisclosure and nondisparagement provisions in employment agreements and independent contractor agreements. In light of Governor Inslee’s recent signing, employers with Washington employees should revise their employment agreements […]

Trade Secret Basics – Protect Your Company’s Confidential Information

  A “trade secret” is generally defined as a piece of confidential information belonging to a company that provides the business with a competitive advantage in the marketplace. A few common examples include recipes, formulas, or presentations. While trade secrets can prove invaluable to a company’s success, owners must take appropriate steps to ensure their […]

Acquisition – When Should I Hire an Attorney?

  Congrats on the acquisition prospect! This is both an exciting and nerve-racking opportunity. Hiring an attorney during an acquisition is a natural expectation. The question we are addressing in this post is when to do so.   Hire an Attorney Before Signing a Letter of Intent The early stages of the acquisition processes generally […]

Paid Family and Medical Leave: What do businesses need to know?

Paid Family and Medical Leave in Washington State Washington State adopted the Paid Family and Medical Leave program in 2019. This law, in short, created a system where qualified employees who need to take time off to care for themselves, loved ones, or the birth or adoption of a child could take a certain amount […]

5 Reasons to Work with Foundry, So That Foundry Can Work for You

Recently, I received an email from an existing client. They had interviewed several law firms including several larger ones before deciding to engage with Foundry. They appreciated our experience and approach. They wrote to let me know that their investors have expressed a preference that they work with a larger, more established law firm. This […]

Check the Box Licenses: Effective? We say Yes!

At Foundry we draft and review terms of service, terms and conditions, and end user license agreements on a regular basis. Each time, we are faced with the question of the best way to display the terms of service and have end users agree to them? In our work we always review the placement of […]