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How Los Angeles Small Businesses Are Navigating the Post-Pandemic Commercial Lease Crisis

Commercial landlords are still reeling from the impact of the COVID-19 pandemic. It is fair to say the pandemic fundamentally transformed Los Angeles' commercial real estate landscape, creating an ongoing crisis that continues to challenge businesses, landlords, and policymakers alike.  Los Angeles' commercial lease crisis arose through multiple interconnected challenges. Many businesses accumulated substantial rent debt during pandemic-related closures, while others negotiated temporary rent reductions that are now expiring. The shift toward remote work significantly…
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The Legal Risks and Rewards of AI-Generated Contracts for Los Angeles Businesses

The Legal Risks and Rewards of AI-Generated Contracts for Los Angeles Businesses

It is reasonable to say that artificial intelligence is revolutionizing how businesses, including businesses based in Los Angeles, approach contract creation. The utilization of contract-specific AI tools and applications offer businesses the opportunity to take advantage of unprecedented speed and efficiency in the contract drafting process. As AI tools and applications become more sophisticated, businesses will likely continue to turn to automated contract generation to streamline their contract protocols. However, this technological advancement brings both…
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"AI Washing" and SEC Crackdowns: What Los Angeles Startups Need to Know

“AI Washing” and SEC Crackdowns: What Los Angeles Startups Need to Know

The use of artificial intelligence ("AI") has exploded in popularity and impacted nearly every sector of the economy. The transformative nature of AI has prompted many public companies to try and capitalize on the vast capabilities associated with AI tools and applications. It is becoming increasingly common for companies, during investor conference calls, to proclaim their use of AI. Such declarations have resulted in sharp stock price increases driven by the promise of rapid growth.…
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Piercing the Corporate Veil and Subsidiary Companies: What You Need to Know

For any business operating in and around Los Angeles, taking steps to mitigate the risk of legal liability is critically important. One of the most common methods for protecting a business from such liability is structuring the corporate entity in a manner that protects it from a court “piercing the corporate veil.” For context, the term “piercing the corporate veil” refers to the situation where a court decides to ignore a recognized liability shield (the…
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Best State for Incorporating Your Business

Best State for Incorporating Your Business

Posted by Posted in Entity Formation & Structure
If you are looking to incorporate your business, then an important question needs to be answered – which state do you want to incorporate in? For many years, Delaware was the go-to state for businesses looking to incorporate in the United States. For example, 80% of all US IPOS were incorporated in Delaware and 68% of all Fortune 500 companies are incorporated in Delaware. Why? Because Delaware features business-friendly laws, has a solid legal system,…
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Navigating Regulatory Compliance for Tech Startups in 2025

Despite many startups serving as budding businesses working with limited resources, they must nevertheless comply with an array of legal obligations and regulatory requirements. Why? Because failing to comply with these legal requirements will expose the startup to adverse consequences such as legal penalties, loss of investor confidence, and security breaches.  In addition, in the age of business interdependence, compliance for startups and smaller companies can help them gain a competitive edge in opportunities for…
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How AI is Transforming Legal Risks for Businesses in Los Angeles

Los Angeles is home to an array of tech-driven business enterprises, including companies that are at the forefront of Artificial Intelligence (AI) development and innovation. The recent advent of AI tools and applications is both exciting and concerning. Why concerning? Because AI is creating potentially new legal risks and/or revealing existing legal risks that need to be addressed by LA business owners. Legal Implications of AI for Los Angeles Business Owners AI tools and systems…
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Legal Challenges for Entertainment Startups in Los Angeles

Legal Challenges for Entertainment Startups in Los Angeles

Posted by Posted in Startup & Emerging Companies
Los Angeles is generally considered to be the epicenter of the U.S. entertainment industry. Film companies, productions companies, studio lots, etc. call Los Angeles (and surrounding localities) home. This is why Los Angeles is also home to a significant number of entertainment startups and new business ventures focused on expanding and enhancing the entertainment industry. However, amidst the creative and cutting-edge energy of the area, it is vitally important for individuals launching entertainment startups to…
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How to Get Your Los Angeles Business Ready for Sale

If you are a business owner who is eyeing retirement, interested in pursuing other business opportunities, or you simply want to cash out on your business, it is in your best interest to properly prepare your business for an exit, so it is attractive to prospective buyers at the maximum value. There is no doubt that selling a business in Los Angeles or any other city or state is a major decision that necessitates strategic…
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