Not that I ever want to be seen as a cheersquad for lawyers, but all to often I am driven mad by business people completely ignoring the legislative framework we operate within. What do I mean by this? Some recent examples:
1. A employee telling me that their probationary period only technically finished on the date listed in their contract (3 weeks ago) as their manager told them it would run to the end of this month instead.
2. A contractor telling me he had been grossly underpaid, receiving only 10% of the value invoiced to a client for work he had done. When asked what did his agreement say, it turned out there wasn’t one, but he still insisted he had been cheated.
3. A very, very senior industry consultant being surprised he was 10% worse off when he had to wear the GST on a contract that was provided to him by an Australian local office instead of the New York parent.
4. Turns out that a group running events in Melbourne and Sydney for a couple of years for money, is trading as an entity that doesn’t appear to actually legally exist anymore!
5. An investor in a business turning over some millions of dollars thought Directors and Shareholders were pretty much the same thing.
What’s fascinating is in that every instance above, Continue reading good at business?