Managing risk should be a key focus for all businesses. One important strategy that companies can use to protect themselves is to implement effective indemnification provisions. Such provisions can be instrumental in easing the financial burden of a lawsuit against your company. Rather, you can obligate your business partners to pay for the legal costs. Before you enter into any business contracts, you should consult with an experienced startup attorney in Los Angeles to draft…
Read More
Whether you have been a small business owner for years or if you are working through the stages of starting up your company, it is important that you take the necessary steps to protect yourself and your businesses. All of the terms and conditions included in intellectual property law can become overwhelming and it can be difficult to ascertain which type of protection you need. It is important that you consult with an experienced startup…
Read More
If your business has multiple owners, you need a sound buy/sell agreement in place. A buy/sell agreement is a contractual document between the owners or shareholders that creates rules for what will happen if and when one of the co-owners die, becomes disabled, needs to transfer his or her share, or decides to leave the company. A buy/sell agreement is a business planning tool designed to avoid negative outcomes if a misfortune happens. An experienced…
Read More
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…
Read More
The JOBS (Jumpstart Our Business Startups) Act was passed in 2012 with the intention of making it easier for investors to fund small businesses. This legislation was largely seen as a victory for the small business community as well as for investors alike. The JOBS Act removed many SEC regulations regarding who could and could not invest in startups, in addition to when a business was required to go public. Before the passage of the…
Read More
As the world becomes more digital, and more information is posted to websites and available to the general public, it has become necessary for state and federal government agencies to create laws governing internet privacy. Sometimes, the laws change so quickly it is impossible for even the most conscientious company to stay current on which regulations have been enacted. That is why it is imperative to have an attorney who is well versed in your…
Read More
