Does Your Business Need a Legal Risk Assessment?
If you own a business, you are subject to a host of federal, state, and local laws as well as to the terms of any agreements you made with another party (verbal or written). Any of these can result in legal liability if you fail to comply. While you may not prevent...
What Is a Fractional General Counsel and How Can One Benefit Your Business?
Small businesses have many of the same legal issues as larger ones but typically, don’t have in-house counsel to guide them in protecting and growing their business. That is where a fractional general counsel (FGC) comes in to fill the gap. An FGC is an attorney...
Should You Go to Court Over a Business Dispute?
For many small business owners, conflicts can get personal. No matter who allegedly injured the other, you may feel wronged and want to be vindicated regardless of the cost. However, litigation should always be the last resort. It is expensive and time-consuming...
Why Your Contracts Should Require Mandatory Alternative Dispute Resolution
Contractual disputes are sometimes unavoidable. While a well-drafted agreement can minimize the likelihood of conflicts, it’s best to plan for how to resolve disagreements without resorting to litigation. Going to court is time-consuming and expensive. Fortunately,...
Minimizing Disputes Over Appraisals of a Private Company
Private company valuations present challenges because shares are not traded on a public exchange. As discussed in our prior post on How to Value Shares in a Private Company, there are certain factors that should be taken into account in determining what a company...
Valuing Shares in a Privately Owned Company
When a co-owner or partner in a private company wants to sell his or her shares, valuing their shares can be a problem. Public company shares are traded on a public market, so the price is clear. Private companies have to use different methodologies that can be...