Category Archives

New Company Formation Service Available

Customers for legal services are increasingly segmented, just like customers for any other product or service. Many consumers of legal services like to do things themselves, on their own schedule. In recognition of this fact, we now offer online company formation services for DIY-oriented consumers. You can now form an Read More

Medical Marijuana Now Legal In Ohio

Ohio’s new medical marijuana law recently took effect, on September 8, 2016. This law, passed by the Ohio legislature, followed a failed ballot initiative that would have legalized marijuana in Ohio for recreational use, as well. The new law permits doctors to prescribe marijuana as treatment for a lengthly list Read More

Why Should I Use You Instead of Legalzoom or Clerky?

“Why should I use you to set up my business, instead of Legalzoom or Clerky? You cost more money.” I get that question occasionally from clients, and I usually answer by explaining that all those sites do is provide documents, which may or may not suit your needs. You may Read More

If I Lie To My Lawyer, Will It Save Me Money?

Not a chance. Even so, I occasionally find a client or prospect holding back important information, presumably because they think it will complicate the project and cost them more money. But that’s exactly why it should cost more money – because it makes things more complicated. Let’s see it in Read More

Ten Common Startup Mistakes – Part 1

Today seems like a good day to tie together a number of subjects I’ve written about in the past, as a list of the Ten Biggest Legal Mistakes Startups Make. Here are the first five: Number 1 – Choosing the Wrong Form of Entity All too often, I encounter startup Read More

A Common Startup Mistake (and how to fix it)

When someone is running a startup company, there are all kinds of pitfalls and potential mistakes. A typical mistake many startups make is incorporating as an LLC, rather than a C corporation. In this post, I will describe why that is often a mistake, and then I will tell you Read More

Startup Checklist

In previous posts, I have provided a lot of information on various aspects of getting a startup company established. I thought it would be useful to put a lot of that information in one post, as a startup checklist. So here we go… 1. Review your employment agreement – before Read More

Splitting the Founders Equity

A question that would-be startup founders often ask is how they should split the equity among themselves. This is an excellent and extremely difficult question, and also one that I cannot answer for them. Ultimately, it is a decision that they are going to have to make, and it raises Read More

Brand Name Protection – The Three Pillars

Recently I wrote about the importance of ensuring that your desired corporate name is available, as a key step before filing to incorporate your company. Today, I will take an even broader view of protecting your corporate name. There are three important actions to take: reservation of your corporate name, Read More

Is Your Company Name Available?

Suppose you are a founder of a startup, and you haven’t incorporated your company yet. You know it will cost money, and you want to defer that expense as long as possible (although you really should read this post before waiting too long). Finally, the day comes when you file Read More