Fixed Fee Legal: How general counsels are creating value beyond the billable hour We all know that the business of law is changing. Since the economic decline of 2008, firms nationwide have had to find new ways to control costs and drive value. In this environment, fixed fee legal arrangements have become a key player. [...]
Securities Law – Revenue Capital Investing Many companies in need of growth capital have grown beyond the traditional equity investment phase, but are still not the correct bank-profile fit for straight debt. In addition, some companies are not prime exit-scenario candidates, which can also limit their ability to raise venture funding. Similarly, some investors prefer to [...]
Our clients often ask, “What is indemnification?” An indemnification provision is one of the most common and frequently used provisions when negotiating any type of contract, and yet the parties to a contract often don’t understand the meaning. Indemnity is defined by Black’s Law Dictionary as “a duty to make good any loss, damage, or [...]
What are the basics of trademark registration? Most of our clients are aware of the fact that they will need some sort of trademark protection for their brand. The two most common questions we receive in connection with trademarks are when should you register a mark and how. When do I need a trademark registration? [...]
What is a convertible note? A convertible note is currently a popular fundraising vehicle, with both investors and fundraising companies seeking to use it, but what exactly is it? A convertible note is, simply put, a hybrid between receiving a loan and receiving an equity investment in your company. In essence, an investor loans money [...]
You probably already know that the sale of “securities” triggers legal risks and compliance obligations, but many entrepreneurs and business owners are a little fuzzy on the precise definition of a “security.” Most know that any sale of corporate stock counts as the sale of securities, but the statutory definition is actually much broader. The [...]
How do I keep former employees from competing against me? After investing the time and money that it takes to launch a new, successful business, it is not surprising that many companies seek to protect their confidential information and general know-how. By signing a simple non-competition agreement (or “non-compete”) with employees or contractors, a company [...]
As a tenant, what should I consider when renting an office or commercial space? In order to lease an office or commercial space, you will need to sign a commercial lease with a landlord. Unlike residential leases, which in Oregon and Washington are regulated by laws that are highly protective of residents, a commercial landlord and [...]