Section 218 Agreement under Social Security Act

It’s the third week of the year, and I’m clinging to my 2012 resolutions by my fingertips. My resolution to post 3 times a week is in danger. So, on a Thursday night, in a cab on my way home, I have grabbed this little post out of my…

6 Ways to Deal with Loan Covenants

If you borrow money, you may expect that the terms of the loan, including the loan amount, payment terms, interest rate and all other terms, are listed in the cover letter. The rest of the documents may look like inaccessible lawyer filler that have no bearing on your conduct. …

The King(sley) of law geeks on subletting clauses

This guy is Kingsley Martin, a lawyer and computer software programmer. On his blog, Kingsley pulls apart boilerplate and makes sense of it. In the world, he writes game changing software. I love his blog (tho I don’t have permission to use his image). Here he is on subletting clauses….

Resolutions

Dear Visitor: Thank you for coming and seeing what I have to say about business law. Sorry I said so little. Blogging is not nearly as easy as it looks. Coming up with ideas is easy. Convincing myself that anyone wants to read my thoughts about those ideas is…

5 Smart Things About the S-Corporation

I want to show some love to the S-corp, the ugly older child of the LLC. What is an S-Corporation? An S-Corporation is a C-corporation that has been converted to pass through tax treatment. You get that pass through tax treatment by filing an S-election on IRS Form…

7 Ingredients in a Confidentiality Agreement

A Confidentiality Agreement (a/k/a “NDA”) is a promise to keep someone’s information secret. Like all contracts, there is no one way to create them. But, there are 7 things that you have to define: (1) Discloser; (2) Recipient; (3) Confidential Information; (4) Duration; (5) OK Use; (6) Recipient Obligations;…

The Revolution will be Colorized, Part II : Thinking about Law

Last week, I talked about the revolution to figure out new ways to collect, store, categorize, retrieve and present information.  Today, I continue the discussion with how I applied this to business law. As a business lawyer working with companies in different industries, I was always looking for the one…

Get All Similar Domains: Great Advice from David Lizerbram

With greater frequency, talented and smart lawyers are blogging. Here is some sensible advice from trademark lawyer David Lizerbram. David’s advice: just go – now- and get all similar domain names to your current one so that others can’t do it instead. Here is the post: Domains Best Practice

5 Reasons Venture Capitalists Demand a C-Corp

Forms. The holy grail of cheap legal fees is standardized forms. VCs have their own contract forms for investments in C-Corporations and they want to keep it that way. It is more efficient for them to use their own forms: their lawyers can get through them and the VCs…

Surprising Threats to Business (and Beer) from Minnesota Shutdown – Part 2

  Folks, two weeks ago, we wrote about how Minnesota’s state government shutdown would keep businesses from getting financing, registrations and licenses. We even had a chart. But, we never imagined that it would also stop the flow of beer from the keg. Seems that without government services, bars…