Lockaby PLLC

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Lockaby PLLC Lexington-based attorneys representing employees, employers, and management in workplace law matters. Join our newsletter here: http://eepurl.com/hryahT

Think you know Mergers and Acquisitions?Mergers and acquisitions can be complex, and common misconceptions can make the ...
10/09/2026

Think you know Mergers and Acquisitions?

Mergers and acquisitions can be complex, and common misconceptions can make the process even more confusing. From understanding M&A's are for businesses of all sizes to knowing what provisions in a Letter of Intent may be binding, having the right information matters.

Swipe to learn about common M&A misconceptions ➡️

Looking for more M&A insights? Check out our YouTube Channel with the link in the comments below!

Our team is growing!We are looking for an experienced labor and employment attorney (8+ years) to join our team and help...
10/06/2026

Our team is growing!

We are looking for an experienced labor and employment attorney (8+ years) to join our team and help serve small and mid-sized businesses across Kentucky.

We’re seeking a bright, dedicated, and highly motivated attorney who shares our commitment to providing trusted legal counsel to businesses across Kentucky. The ideal candidate will be ready to take on a leadership role and contribute to the continued growth of our firm.

Interested? Check out the full job description with the link in the comments below, and send Matthew Lockaby your resume and cover letter.

Performance improvement plans can create clarity, establish measurable expectations, and give an employee a meaningful o...
10/06/2026

Performance improvement plans can create clarity, establish measurable expectations, and give an employee a meaningful opportunity to improve. However, they must be used thoughtfully.

In our latest video, Abigail Wearden explains when a PIP may be helpful, what an effective plan should include, and the legal and practical issues employers should consider before starting the process. Watch the video at the link in the comments below.

The non-compete saga continues. The FTC's proposed ban on most non-competes never took effect, leaving employers to navi...
10/01/2026

The non-compete saga continues. The FTC's proposed ban on most non-competes never took effect, leaving employers to navigate a state-by-state patchwork of rules.

Tennessee, Washington, and Virginia recently adopted new restrictions affecting when non-competes can be used and enforced. Other states also introduced new limits, particularly in the health care industry.

Keeping up with laws that vary by state, and continue to change, can be challenging. These updates are a timely reminder for employers to review their agreements and stay current on the laws where their employees work.

Want workplace news delivered directly to your inbox? Sign up for our newsletter with the link in the comments!

09/29/2026

The purchase agreement defines a business transaction, explains how the purchase price will be calculated and paid, and establishes what the buyer and seller are each promising about the deal.

It also allocates responsibility if those promises prove to be inaccurate, sets the parties' obligations before and after closing, and identifies what must happen before the transaction can be completed.

Each part of the purchase agreement creates the legal framework for completing the transaction and manging risk along the way.

Want to learn more? Check out the full video with the link in the comments below.

A few workplace habits that deserve a gold star ⭐️Good employment practices are often the simple things done early, clea...
09/28/2026

A few workplace habits that deserve a gold star ⭐️

Good employment practices are often the simple things done early, clearly, and consistently.

How an acquisition is financed can affect the buyer's ability to complete the transaction, and it can also impact the co...
09/24/2026

How an acquisition is financed can affect the buyer's ability to complete the transaction, and it can also impact the company's liquidity, ownership, and obligations after closing.

Most acquisitions are financed through cash, debt, equity, or some combination of the three. Cash financing may simplify the transaction but reduces available capital. Debt financing can preserve ownership but creates repayment obligations and lender restrictions. Equity financing may limit the need for debt but requires owners to share control and future returns.

Want to learn more? Check out our most recent blog on our website with the link in the comments below.

Good employment practices rarely make headlines. But clear expectations, timely conversations, and consistent decisions ...
09/23/2026

Good employment practices rarely make headlines. But clear expectations, timely conversations, and consistent decisions can make a big difference when workplace issues come up.

Kinda chic to stay ahead of workplace issues, if you ask us.

Our newest YouTube video is live!A purchase agreement in an M&A transaction is a lengthy document, but it can typically ...
09/22/2026

Our newest YouTube video is live!

A purchase agreement in an M&A transaction is a lengthy document, but it can typically be divided into seven sections or articles. In our latest video, Matt discusses each section common to a purchase agreement.

Want to learn more? Check out the full video with the link in the comments below.

We're hiring a legal assistant to join our team in Lexington. At Lockaby PLLC, we work with business owners through the ...
09/21/2026

We're hiring a legal assistant to join our team in Lexington.

At Lockaby PLLC, we work with business owners through the everyday questions and major decisions that come with running a company. Our Legal Assistant helps keep that work moving by communicating with clients, managing files, supporting attorneys with court filings, scheduling, and case preparation.

We're looking for someone who is organized, attentive to detail, and comfortable taking initiative. This is a full-time, in-office role for someone with at least two years of legal assistance experience.

Interested? View the full position and apply through the link in the comments below. Please include your resume and two professional references with your application.

Address

476 East High Street Suite 200
Lexington, KY
40507

Opening Hours

Monday 8:30am - 5pm
Tuesday 8:30am - 5pm
Wednesday 8:30am - 5pm
Thursday 8:30am - 5pm
Friday 8:30am - 5pm

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