How to Choose a Lawyer
BlogIf you are looking for a lawyer, you should educate yourself about the process, how to look for a lawyer, what to look for in a lawyer, which questions to ask, and how to prepare for the first meeting.
To that end, the New York, Monroe County…
Raising Startup Capital From Investors – Information Resources
BlogStarting a business requires money, often a lot of it. Unless you
have the resources yourself or can convince Grandma to give you a
generous gift, you will be looking for outside sources of capital.
You have the option of borrowing…
Small Business Guide to Risk Management
Business DisputesVia Small Business Trends, I learned about this helpful e-book "Small Business Guide to Risk Management - A complete guide for business decision-makers" published by the Association of Small Business Development Centers.
From the introduction:"Risk…
When Businesses Divorce
Business DisputesBusiness owners at war can get divorced. If all therapy fails and the fighting business owners cannot agree on an amicable separation, they could file for divorce. In New York, shareholders who represent 50% of the votes of all outstanding…
Prosper.com – Borrow Money the Web 2.0 Way
BlogForget Citibank, Chase and Co., borrow money from people like you and me. Or lend money to people and earn a decent return. All this and more is promised by Prosper.com, the online market place for people to people lending. …
The LLC Operating Agreement – Keep it Simple
Business Contracts, Limited Liability CompaniesHere is a little known secret about limited liability company (LLC) operating agreements: They are often more complex than necessary. Pick up any "standard" operating agreement from the internet or elsewhere and you will…
Sticker Shock
BlogHow would you like to pay your lawyer $1500 per hour? This is what
Greenwich, Connecticut divorce lawyer Gary I. Cohen charged his client (taking into account a $300,000 bonus). As a result, he is now being investigated by…
Spotlight on Buy-Sell Agreements
Business Contracts, Limited Liability Companies, Starting a BusinessBuy-sell agreements are like prenuptial agreements for people in business together; Buy-sell agreements set forth what is going to happen when things go wrong and business partners want to, or have to, separate. As with prenuptial agreements,…
On the Comma that cost 1 Million
Business ContractsYou may have read it in the New York Times, the Legal Reader or on AboveTheLaw, a single comma in a 14- page Canadian contract may decide whether the contract was rightfully cancelled by Atlantic Canada, a telephone company. This decision…
First Impressions in the Business of Law
Business ContractsA lot has been said about first impressions in the business of law. Does your letterhead look fancy, are your business cards engraved, is your correspondence well written and free of typographical errors?
While all that is still…