October 1, 2025 | 3 How to Ethically and Legally Deal With Noncompetes in NM The feds almost banned noncompetes. What happened? In 2024, the Federal Trade Commission (FTC) finalized a rule to completely ban noncompete agreements. As always, someone sued and a Texas judge stopped the new rule in its tracks. Under the Trump administration, the FTC abandoned its appeal in the case and let the rule die. But even Trump's FTC recognizes that noncompetes can be abused and the agency is still...
about 2 months ago • 1 min read
September 3, 2025 | 2 Is your home address on public display? Every registered business needs to designate a Registered Agent (RA) with a physical address that can receive mail (a tall order for us rural folk). The RA will receive important business mail and will usually be the one who gets served with a lawsuit if your company is being sued. The business owner often puts themselves as the RA, which is totally fine, except... Many people put their home address as their Registered Agent...
3 months ago • 1 min read
August 6, 2025 | 1 Welcome to the Honest Contracts Newsletter What legal business topics do you want to know about? Anonymously submit general legal questions on our site and they may be answered in a future newsletter or even featured in the Learning Library. Ask a Question People don't read contracts (and I can't blame them) In a survey of over 1,000 consumers and 274 small business owners in the U.S., 70% of consumers and 62% of business owners admitted to signing contracts without reading...
4 months ago • 1 min read