-
California lawmakers recently voted to advance legislation that would require artificial intelligence companies to test their systems and add safety measures to prevent them from being potentially manipulated to wipe out the state’s electric grid or help build chemical weapons — scenarios that experts say could be possible in the future as technology evolves at warp speed, according to the Associated Press. The bill, SB 1047, specifically requires developers of large AI models to conduct […]
-
06 Aug '24License agreements are necessary for the parties on each side of the transaction. Licensors, the inventors of software, creators of design, or benefactors of brand recognition, can monetize their intellectual property. Licensees can use the authorship or invention of others without being accused of infringement. A license agreement transfers the right to use and transforms infringement into a permitted act. At the Hakim Law Group, our team of intellectual property attorneys is here to guide […]
-
24 Jul '24Companies with an ambitious merger and acquisition record may deliver higher returns for shareholders. However, the returns evidenced on paper will not become a reality without a successful integration. This is where the value is created, the crux of an M&A plan. The business law professionals at The Hakim Law Group want the business leaders in the Los Angeles area to recognize integration as a skill set, not as another process in an M&A plan. […]
-
16 Jul '24Developing an asset protection plan in California presents creative opportunities and interesting challenges. A relevant strategy must be in place for licensed professionals in high-risk occupations. Principal residences, real estate investments, liquid assets, and retirement accounts must be shielded from potential claims. The business attorneys in Los Angeles at The Hakim Law Group specializing in asset protection want those in high-risk professions to understand why a strategic protection plan is necessary. In California, licensed professionals, […]
-
California’s Privacy Protection Agency (CPPA) introduced proposed regulations this past November to further protect consumers when their personal information is used in automated profiling. These proposed regulations will facilitate public comment; none of these are in effect. The attempts by the CPPA to regulate artificial intelligence (AI) and other automated decision-making technologies (ADMT) will have consequential effects on the businesses that use AI to process job and credit applications, compensation decisions, and profiling. The business […]
-
Most entrepreneurs do not have adequate personal funds for their company and are forced to seek seed capital or other finance options to capitalize their startup – and traditional loans are typically not a viable solution. For entrepreneurs forced to look for equity financing, there are many private sources and incubator programs in Southern California. The business law professionals at The Hakim Law Group in Los Angeles want to explain the differences between angel investors […]
-
The choice of business entity is one of the most crucial steps when an entrepreneur decides to turn an innovative idea into a reality. Selecting the proper entity can have a significant impact on the business’s legal structure, overall operations, taxation, and liability, especially for the founders. An experienced business lawyer in Los Angeles understands the many types of business entities to help an entrepreneur make an informed decision. Sole Proprietorships A sole proprietorship is […]
-
21 Jun '23With advancements in technology, many business transactions are carried out online with the click of a button. This approach has the advantage of ensuring that transactions progress almost seamlessly. The downside is that parties to agreements may bypass closely examining their rights before signing an agreement. You have probably experienced both clickwrap and browsewrap agreements before, but may not have delved into the details of these digital contracts. Outlined below is a brief definition of […]
-
12 Jun '23In California, anticipatory breach of contract occurs when a party involved in a bilateral contractual agreement decides to repudiate the terms of the contract. A repudiation in an anticipatory breach of contract can be either express or implied. An express repudiation is a clear, unequivocal refusal to perform the terms of the agreement. In contrast, an implied repudiation stems from conduct where the promisor puts it out of their power to perform so as to […]
-
When a corporation is formed in California, it will be deemed a C-Corporation by default. The terms “C-Corp” and “S-Corp” refer to tax classifications for different business entities. If a business wants to become an S-Corporation, Form 2553 will need to be completed and filed with the Internal Revenue Service. S-Corps and C-Corps have a few different key differences between them – one of them is how they are taxed. For instance, if your business […]
Business Attorney
Hakim Law Group
- Hakim Law Group, 11812 San Vicente Blvd., Suite 380, Los Angeles, CA 90049 United States
Latest Posts
Client Testimonials
As a serial entrepreneur and CEO of companies both small and national, I cannot think of more trustworthy and competent counsel than Afshin Hakim. He is one of the best attorneys in Los Angeles.
Juve Vela, Psy.D., CEO/PresidentUnderstanding Behavior, Inc.The strategic advice Afshin provided our company in connection with closing a transaction and navigating through litigation issues was priceless and crucial towards our success. Afshin is the kind of lawyer every CEO would love to have.
Brandon KashfianAltaThera PharmaceuticalsHakim Law Group has consistently delivered high quality advice and documentation ahead of our timelines and on or under budget. They remain a key ally for us in all aspects of our corporate development.
Alexander C. LogiePersonally, Inc.