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Contracts, Corporate Governance Parsus Admin Contracts, Corporate Governance Parsus Admin

The Top 5 Common Issues to Look out for in AI Technology Agreements

As companies have been adding AI services into their workflow, naturally, there comes an additional set of technology agreements with AI service providers. As with any new technology, there are contractual issues that everyone needs to be made aware of. We’ve compiled five of the most common issues we see in AI Technology Agreements that our clients should look out for. 


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Non-profit Parsus Admin Non-profit Parsus Admin

3 Unique Characteristics of a Non-Profit

While it may be easy to assume that nonprofits are simply businesses that “do good,” the differences go much further.  

The primary purpose of a non-profit is to serve a charitable, educational, social or religious mission, while the primary purpose of for-profit is to generate profits for its owners

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Legal Workflow Parsus Admin Legal Workflow Parsus Admin

How outside counsel can help your new hires plug into your organization’s existing legal workflow

Smart legal workflow systems are key for all companies – but especially important for those that are growing (or plan to). Whether you are planning on going public, growing by a merger or an acquisition, or just naturally adding services & staff – all forms of growth add to your legal needs, and to the complexity of your existing needs. 

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Planning Your In-House Counsel Needs for 2025

If you are an In-House Counsel, or part of an In-House legal team, it’s time for you to start thinking about next year’s workflow. 

At Parsus, we love having planning conversations with our clients, so that we can help them plan how to best allocate their resources to help them meet their goals.  We wanted to share what those conversations look like - to give you ideas for planning for your in-house needs for 2025. 

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Startups Parsus Admin Startups Parsus Admin

Does your new business need to be an LLC or an S-Corp?

The very first step in setting up a legally sound business is deciding what type of entity you are: an LLC or a corporation. There are many similarities between the two terms, but there are some key differences that you need to be aware of. Here’s our breakdown of LLCs vs. corporations.

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Trademarks and Trade Dress

A strong brand is an important asset to a business and can be critical in attracting consumers and establishing a unique identity.  A catchy name, logo, or slogan can help you stand out from your competitors, and positive connotations established by branding efforts can often mean the difference between failure and success

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Startups, Contracts, Business Documents Parsus Startup Startups, Contracts, Business Documents Parsus Startup

Key Provisions of Master Services Agreements

If your business provides services to clients or hires service providers on an ongoing basis, a Master Services Agreement (“MSA”) can be a valuable tool for managing your business relationships. In this article, we will outline 7 key provisions that should be included in an MSA to ensure a successful and mutually beneficial business relationship.

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Business Documents, Startups Parsus Startup Business Documents, Startups Parsus Startup

What to Look For in a Non-Disclosure Agreement

Non-disclosure agreements (“NDAs”) are important contracts that businesses use to protect their confidential information when sharing it with another party.  When both parties are sharing confidential information, a mutual NDA is used. 

A mutual NDA outlines the confidential information that will be shared between both parties, the limited purpose for which the information will be used and the terms and conditions under which the information will be shared.

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Three Considerations to Make Your Outside Counsel Relationship a Success

Parsus has been a trusted partner for In-House Counsels across many industries for over 15 years. Our expertise lies in supporting overflow contract work and legal documentation for busy In-House Counsel teams. Over the years, we’ve gained valuable insights into what makes a successful relationship between In-House and outside counsel. Here’s a glimpse of our learnings, and what you can look for to create a successful relationship with your outside counsel.

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