The terms “corporate” and “business” seem to go hand in hand, but there’s a difference between corporate law and business law. These practice areas require specialty lawyers and specific experience. How do you know whether to hire a corporate lawyer or a business lawyer? Read on to find out! CORPORATE LAWYERS Sometimes, corporate lawyers work directly for specific companies. Other…
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Business Law
How Does LLC Ownership Work?
The limited liability company (LLC) is a popular business structure for new businesses, but what does it really mean to own an LLC? LLCs provide unique opportunities to customize business ownership to fit the particular needs and circumstances of the owners. Here is what you should know about LLC ownership. The Basics The owners of LLCs are often called members.…
Trademarks, Domains and Your Brand Name
When picking a company name, it’s vital to initially conduct research to avoid trademark infringement or domain name conflicts. You may be infringing someone’s trademark if the use of your mark is likely to cause confusion among customers as to the source of the goods or services. The following are potential steps to avoid naming issues: KEYS TO SUCESS 1.…
Owning Commercial Property In A Digital Age
The digital age has affected most aspects of life, not only in Michigan but globally. People can now find quick bits of information online, but they can also perform many serious and life-changing actions, such as finding a mate, filing for divorce and even earning a college degree. For about 96 percent of consumers, shopping online is a common behavior,…
TRADEMARKS: The Secret Property You Didn’t Know You Had
The worst thing that you can do as a new entrepreneur is open a business or create a product or service without doing your due diligence for your trademarks and intellectual property. What if someone already has rights to the name that you wish to use or are already using? You risk the possibility of receiving a cease and desist…
Lawyers Add Credibility To Your Deal
Our law firm provides security, prestige and credibility to the deal. The client gains credibility by assembling a respected professional team. This is particularly true for newcomers who are dealing with established players. The lawyers can handle the “Player” while the client learns how the game is played. Typically, it is the “big league player” who uses the established, prominent…
Why Your Contract Needs a Contingency Provision
There are many reasons why you or your company should consider adding a contingency clause or provision in you contracts. These provisions can be easily overlooked before entering into a binding agreement. However, it should garner more importance since it can be used as a type of “escape clause” for your formal agreements. A contingency clause is a contract condition…
Small Business Legal Strategy for Coronavirus
As the calamity continues to change and governments around the world organize to solve the immediate threat, the long-term strategic impacts of COVID-19 also require analysis and strategic planning. All businesses, regardless of size, should prepare for the long-term impacts of COVID-19 in the workplace. In addition to the immediate effects on their operations, it is equally important to make…
A Nonprofit Organization is Not Necessarily a “Charitable” Organization
Very often when speaking of corporations established for laudable purposes people incorrectly equate the word “nonprofit” with “charitable.” While this may be a distinction without a difference in casual discussions, when it comes to a federal tax return, the two are not synonymous. This misconception during the initial stages of planning and establishment of a nonprofit corporation can result in…