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Business attorney in Los Angeles
Nov 21 2022
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Business Entity Options in California

Posted by Posted in Entity Formation & Structure
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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business attorney Los Angeles
Oct 26 2022
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The Triggers of a Buy-Sell Agreement

Posted by Posted in Corporate Governance / M&A / Exits
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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Business contract attorney in Los Angeles
Sep 21 2022
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Breach of Contract vs. Breach of Warranty

Posted by Posted in Contracts & Agreements
A breach of warranty is when a seller fails to uphold a stipulation related to the contract as promised or stated; it is really a subset of breach of contract. Typically, these claims arise when a product or service fails to meet expectations. In the event of a breach of warrant, the customer’s options to remedy the situation depend on the actual warranty and state law, but usually are limited to customer returning the product…
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Business Lawyer Los Angeles
Aug 21 2022
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Corporate Governance: The Effects Upon Public Image

Posted by Posted in Corporate Governance / M&A / Exits
Although unseen by the public, the practices and the systems of rule that control a company’s framework have a direct effect upon the public’s image of the company. Investors and shareholders are members of the public, but this is a small group when compared to the pool of customers who interact with the employees at the operations level. As a business lawyer in Los Angeles, I can affirmatively state that ineffective processes at the top…
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Essential Elements of Employment Contracts
Jul 21 2022
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Essential Elements of Employment Contracts

Posted by Posted in Employment & Independent Contractors
An employee contract is a binding document that clearly defines the expectations of an employee and the nature of the employment relationship.The agreement should be written for the benefit both parties and outline all the terms and conditions of the employment offer, prior to applicant’s start date, so there are no surprises. Once the offer is accepted, and the agreement is signed, an employee/employer relationship has been consummated. While such contracts may cover criteria and…
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Business Lawyer in Los Angeles
Jun 06 2022
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Are Non-Compete Agreements Enforceable?

Posted by Posted in Contracts & Agreements
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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Business Lawyer in Los Angeles
May 13 2022
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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…
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Business Attorney in Los Angeles
May 06 2022
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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…
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Business attorney los Angeles
Feb 25 2022
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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…
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