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20 Dec '22
In California, an independent contractor is defined as a person or a business providing a specific service within a certain time for compensation. The person or business achieves independent status by not being subject to managerial control for “how” the services are provided. As business lawyers in Los Angeles, the professional team at The Hakim Law Group wants the public to know and understand the differences in the status of wage earners and independent contractors […]
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21 Nov '22
Do you have a business in California that you are ready to take to the next level? Have you found yourself asking what the difference is between an LLC and a Corporation and which entity structure could be best for your business? Did you even know there were options? To begin answering these important questions, it is critical that you first take a step back and review the main entityoptions in California (there may be […]
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26 Oct '22
A buy-sell agreement is important and essential for most businesses having more than one owner. This agreement benefits the owners by addressing potential circumstances which may justify a separation among business owners and providing some certainty and protection for both the exiting owner and the remaining owner through a pre-negotiated buyout offer. As business law attorneys in Los Angeles, the legal team at The Hakim Law Group wants all business owners to understand the importance […]
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06 Jun '22
Have you ever entered into a non-compete agreement as a boss or an employee, or are you currently considering doing so? If so, you may be worried about the standard business contract, and whether yours is completely valid or legally enforceable. We have you covered.Here we will address your concerns and answer your questions regarding non-compete agreements: What is a Non-Compete Contract? A non-compete contract is an agreement that will prohibit employees, contractors, or equity […]
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With the current competitive economic climate, it is pertinent that all businesses are operating under the best legal structure for their purposes. Forming a limited liability company may be the best idea for your business. After all, a limited liability company, or LLC, is a specific business entity that blends the best parts of both partnership and corporate structures. There are actually several reasons to select an LLC as your business’s structure. However, it should […]
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There are many stringent and complicated requirements to opening a business in California. Unfortunately, many of these prerequisites include completing and filing multiple legal documents that you may not always be familiar with. Hence, it is always best to confer with a professional before taking action. Depending on your business’s legal structure, you may need to file “Articles of Incorporation”for a corporation, “Articles of Organization” for a limited liability company, or a “Certificate of Limited […]
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05 Aug '21
Typically, we enter into business agreements with the expectation that things will run smoothly. Whether it is a shareholders’ agreement, an employment agreement, or an agreement for supply of services. An agreement covers all the details that a handshake cannot cover. For instance, what happens when a dispute arises between the parties? How will the dispute be resolved? A well-drafted business agreement not only lays out the terms of a business deal, but it anticipates […]
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If you conduct a search for a specific business on the California Secretary of State’s website, you may discover a business labeled as “FTB Suspended.” If a business has been tagged with this label, it means the California Franchise Tax Board (FTB) has decided to suspend the business. If your business winds up getting suspended by the FTB, the ramifications can be severe. For example, when your business is suspended, you are unable to legally […]
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25 Apr '21
Small businesses are the backbone of the U.S. economy. Each year, thousands of new businesses are created with the goal of achieving sustained success. However, starting a business does not mean that entity will remain active in perpetuity. In fact, for a variety of reasons, many businesses each year are closed and have to be dissolved. If you find yourself in this situation, it is extremely important to take the necessary steps to properly dissolve […]
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The use, management, and maintenance of personal information by companies has received significant attention, and even national headlines, due to multiple states enacting consumer data privacy laws. California took center stage with the passage of the California Consumer Privacy Act (“CCPA”) in 2018, followed by the California Privacy Rights Act (“CPRA”) in 2020. This is why, as a business owner operating in or around Los Angeles, you need to invest the time and resources to […]
Business Attorney
Hakim Law Group
- Hakim Law Group, 11812 San Vicente Blvd., Suite 380, Los Angeles, CA 90049 United States
Latest Posts
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California Consumers and The Use of Artificial Intelligence
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Venture Capitalist or Angel Investor? (The Best Choice for Your Company)
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Business Formation: Determining the Right Business Entity with the Expertise of a Los Angeles Business Lawyer
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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.