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Blog Posts: Business

March 11, 2016
If you are faced with needing the services of an attorney either for a personal matter or a business matter, the cost of quality legal services may seem expensive  The more educated you are about purchasing legal services, the more value you will receive.  The following are 10 important considerations when hiring an attorney. Know when to use a lawyer Th...
March 11, 2016
As a business owner, you are under pressure to either maintain your existing base or expand your business. Increased sales, good employee relations, firm financial footing are all important components to your business' continued success and may take the majority of your time. Critical tasks, such as handling important legal matters may fall by the wayside. Building...
February 24, 2016
Video Transcript: I'm Neal Bookspan of Jaburg Wilk.  I'm an attorney who helps businesses and business owners manage their legal risks. Do I need an attorney if I'm buying or selling a business? People definitely need attorneys when they are buying or selling a business.  It is a very important transaction for the seller who may have owned the business a...
January 28, 2016
Buying another business is one way you can enter new markets, acquire needed technology, subsume a competitor, integrate vertically or simply expand. A proposed transaction is often initially outlined in a letter of intent. This document broadly outlines the terms agreed on during preliminary negotiations and protects the deal during the last phases: due diligence,...
January 27, 2016
Types of Business Organizations When organizing a new business, one of the most important decisions to be made is choosing the structure of a business. Factors influencing your decision about your business organization include:Legal restrictions Liabilities assumed Type of business operation Earnings distribution Capital needs Number of employees Tax advan...
June 15, 2015
When clients come to me for legal advice, I assume they will consider my advice, if not follow it.  However, for sake of argument, let's say you are different and you want to know the best ways to negatively impact the attorney/client relationship.  In my opinion, there are five ways to get your relationship off to a bad start, or if it was going well, to...
April 22, 2015
You settle your case, and the defendant agrees to pay you a lot of money. All that’s left to do is to sign a “standard” settlement agreement prepared by the defendant’s attorney. You get to page 10 and see a paragraph titled “No Disparagement.” You see that this means neither party will “disparage” the other . . . ever. You call your attorney, who t...
November 15, 2014
Is there one insurance policy to cover all of my risks? No.  Insurance is the sale of certain risks in exchange for a premium.  No policy buys all the risks a business faces. How many policies do I need? Generally speaking, a business should have a general liability policy, coverage for automobiles used in the business and worker's compensation insurance...
August 12, 2014
You and a friend, family member, or even a spouse, decided to go into business together.  At first, things were great because of the possibilities and the excitement that new challenges bring.  You may have formed a corporation, a limited liability company, a partnership or even operated as a sole proprietorship.  If there are only two of you, you mi...
May 12, 2014
In 1992, the Arizona legislature enacted the Arizona Limited Liability Company Act. Since that time the LLC has become the entity of choice for many individuals, businesses, partners and investors. While there obviously are differences between corporations and LLCs, attorneys in Arizona have always believed that there were many similarities. For instance, when you ...