A corporate attorney can help you ensure that your trade secrets are kept secret and protected by the law. A trade secret is any non-public, valuable information that gives your company an advantage in the market or over its competition. No company wants others to benefit from their research and efforts to develop an exceptional product or service. A trade secret can involve a variety of items, which may include formulas, data, methods of development,…
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In 2011, the California Legislature amended the California Corporations Code to add a value component to the statutory test governing distributions to shareholders. These changes were meant to simplify and modernize the guidelines for California corporations to follow when distributing dividends. As the best corporate attorney in Los Angeles will tell you, these changes create the potential for new risks and rewards for investors. These changes to the law, found in Sections 500-509 of the…
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As an employer, you may employ a significant number of employees to perform various jobs. These employees may range in background, age, sex, race, religions, and sexual orientation. It is important for an employer to know how to handle these differences and establish a positive work environment in order to avoid unnecessary conflict and other issues that could lead to potential litigation. In addition, an employer may need employment contracts in place to attract and…
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When starting a company, entrepreneurs have many decisions to make. One of the most important choices involves selecting the right type of business entity. There are myriad options. While some business owners will operate as sole proprietors or form partnerships, others will opt for limited liability companies or corporations. There are pros and cons to each of these business types, so it is important to get legal advice from an experienced and reputable startup attorney…
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Crowdfunding is a fast-growing option for start-ups seeking to raise capital to fund their business ventures and ideas. As an entrepreneur considering this type of funding, you must be cognizant of the legal issues that can affect your company. While crowdfunding may seem like the way to get quick investment in your business, first review the tips we offer below to help you navigate the legal issues that may arise. Get Professional Help Whether you…
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Raising money through crowdfunding may seem simple and easy, especially since there are popular websites that claim to streamline the process. Unfortunately, if you do not talk with a business lawyer in Los Angeles before you post your information in order to solicit funding, you could create legal problems for yourself and your business. You could also put your ideas at risk. Your idea for your product or service has value, and you do not…
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Whether you are a creator, developer, or inventor, raising capital for your new invention can be one of the most difficult aspects of getting it off the ground. Crowdfunding allows project creators to use the Internet to raise the money needed to fund their projects. Through the investment of small amounts of money by many people, small businesses and solo entrepreneurs can finance their invention or product without going through the hassle of obtaining a…
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It is critical that you work with a business attorney as soon as you start to come up with, and begin working on, a new idea or venture. Too often inventors, entrepreneurs, and innovators, begin working on a project and form a partnership without ever speaking with an attorney. This could be to your detriment and typically is. This is especially true when you are working on a new invention or improving on an existing…
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Many startups make the mistake of forming a company without seeking the advice of an attorney. For example, if you come up with a great idea, are working on a new technology platform, or decide to start selling a new product, it is easy to go online and follow the steps to incorporate your own business. You can do so by simply filling out some forms, filing them, and paying the fee. While it may…
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