Skip to main content

Blog

Business Lawyer in Los Angeles
May 13 2022
Love0

Should you Form an LLC in the Current Economic Climate?

Posted by Posted in Entity Formation & Structure
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…
Read More
Business Attorney in Los Angeles
May 06 2022
Love0

Launching A Business in California – What You Need to Know

Posted by Posted in Entity Formation & Structure
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…
Read More
Business attorney los Angeles
Feb 25 2022
Love0

Three Mistakes to Avoid When Drafting a Business Contract

Posted by Posted in Business Law, Contracts & Agreements
Despite contracts and business agreements being a pillar of economic activity in Los Angeles and elsewhere throughout California and the rest of the country, it is fairly common for business owners and managers to make glaring mistakes when drafting, considering, or approving a business contract. The result? Serious legal and financial ramifications that could effectively ruin the business. Below are three mistakes routinely committed by business owners and managers when creating a business contract and…
Read More
Business attorney los Angeles
Feb 14 2022
Love0

California Legislature Debating the Passage of Yet Another Major Privacy Law

Posted by Posted in Compliance & Securities
The California legislature is continuing its focus on amending, enacting, and overhauling various privacy laws. This effort began with the passage of the California Consumer Privacy Act followed shortly thereafter by the passage of the California Privacy Rights Act. Both laws have significantly expanded the administrative obligations for many California employers who receive and/or access consumer data and personally identifying information. The newest effort is to overhaul the laws that are designed to protect children,…
Read More
Business startup attorney los angeles
Jan 07 2022
Love0

Is Your Startup Subject to the California Consumer Privacy Act?

Posted by Posted in Compliance & Securities
If you have a startup business headquartered in California, or even simply has a“presence” in California, then you need to be prepared to comply with the California Consumer Privacy Act (CCPA). The CCPA was fully enacted into law in 2020 and applies to a variety of business entities (including startups) that collect the personal information of California consumers. The Objective The CCPA was designed to make businesses in California more transparent in how they collect…
Read More
Business attorney los angeles
Dec 17 2021
Love0

Why So Many People Decide to Incorporate Their Business in Delaware

Posted by Posted in Entity Formation & Structure
Delaware is, by far, the most popular state for incorporating a business. In fact, Delaware is the home of more than half of all businesses currently in the Fortune 500, according to Reason.com. This routinely leads many people to ask…why? Well, the answer is multi-faceted and includes different factors such as tax benefits, legal benefits, and practical benefits. Let’s take a look at just a few of the most common reasons why business owners opt…
Read More
Contract Attorney Los Angeles
Nov 13 2021
Love0

Five Key Components to Any Business Contract

Posted by Posted in Contracts & Agreements
If you own a business, it is extremely important to understand and embrace the key elements of a legally valid, and enforceable, contract. The information below summarizes the five key components that virtually every contract should have for your business to operate successfully. No. 1 –Written Agreement Between All Parties Arguably the most important component to any business contract is that the agreement and terms between the parties are in writing. Please understand that a…
Read More
Business Startup Attorney in Los Angeles
Nov 07 2021
Love0

Is it Against the Law to Compensate a Non-Licensed Capital Funds Finder?

Posted by Posted in Compliance & Securities
When a startup is receiving professional assistance in raising neededcapital to continue growing the business and the brand, a common issue arises – whether the startup is allowed to compensate the individual helping raise capital with a commission or transaction-based fee if he or she is not a licensed broker dealer. Here is the answer: generally, no. This type of compensation structure is not allowed. Specifically, the use of an individual who is not a…
Read More
Breached Business Agreement | Hakim law group
Oct 22 2021
Love0

Breached Business Agreement

Posted by Posted in Contracts & Agreements
A business breach could occur in many ways, depending on the specific terms of your agreement. Nevertheless, if your business partner failed to adhere to the terms of the agreement, you may need to escalate the matter and take legal action, especially if the breach wound up damaging the company. Assessing Your Options Addressing issues with a business partner is not always easy.When a breach of contract has occurred, it is in your best interest…
Read More