How Does a General Counsel Retainer Work for a Business?
A general counsel retainer usually means a fixed monthly fee for a defined scope of ongoing legal work. Here is how pricing, scope, and engagement terms work.
Tag: Business law
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Should Your Startup Be an LLC or a Corporation?
An LLC suits owner-operated businesses that distribute profits. A C corporation suits companies that plan to raise venture money or grant stock options.
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Is a Letter of Intent Binding in a Business Acquisition?
A letter of intent is usually non-binding on price and structure, but exclusivity, confidentiality, and good-faith language can bind you from the day you sign.
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What Makes a Business Contract Unenforceable?
A signed document is not always a binding one. The defects that make a contract unenforceable, from missing authority to vague terms, and how to avoid them.
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Common Business Formation Mistakes That Hurt Founders Later
The formation mistakes that cost the most show up years later, in a financing, a lawsuit, or an audit. Here are the ones we see and how to fix them.
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What to Settle Before Signing a Strategic Partnership Agreement
A strategic partnership fails on the questions nobody asked at signing: who owns what is built together, who can walk away, and what exclusivity costs.