Startup Law for SaaS Entrepreneurs

Nov 7, 20193 min read

4 Ways to Protect Your Business From Wage and Hour Lawsuits

In 2017, employers were hit with over 8,200 Fair Labor Standards Act (FLSA) wage and hour lawsuits, largely due to failure to pay the...

Equity Compensation for Startup Employees: Top Mistakes to Avoid

Feb 11, 20196 min read

Startup Law

Equity Compensation for Startup Employees: Top Mistakes to Avoid

Equity compensation is a great recruiting tool and an effective employee retention strategy for startups and early-stage companies. You...

Silicon Valley Likes Section 1045 Exchanges: Rollovers of Gain from QSBS

Jan 7, 20193 min read

Accounting & Taxes

Silicon Valley Likes Section 1045 Exchanges: Rollovers of Gain from QSBS

You might have heard of tax free rollovers. And you might be familiar with Section 1031 of the Internal Revenue Code, which allows you to...

Setting Up an S Corporation? Consider How It Affects Founder Stock

Dec 4, 20183 min read

Startup Law

Setting Up an S Corporation? Consider How It Affects Founder Stock

If you are starting a business, be careful not to rush to set your company up as an S corporation without first considering the qualified...

Pass-Through Entities: New 20 Percent Qualified Business Income (QBI) Deduction

Nov 19, 20183 min read

Accounting & Taxes

Pass-Through Entities: New 20 Percent Qualified Business Income (QBI) Deduction

The Tax Cuts and Jobs Act (TCJA) added a new tax deduction for owners of pass-through entities – a 20 percent deduction of qualified...

Employer’s Legal Guide to Stock Option Grants [Checklist]

Nov 11, 20184 min read

Startup Law

Employer’s Legal Guide to Stock Option Grants [Checklist]

If you want to grant stock options to employees, consultants and advisors, you will want to take the time to do this right. It is easy to...

Nov 28, 20174 min read

Startup Law

The Startup’s Guide to Hiring a Lawyer

Startups tend to have “DIY” in their DNA. Founders are likely to find themselves changing the copier toner or fixing a leaky faucet in...

Jun 2, 20163 min read

Startup Law

Legal Guide to Revenue Loans

Revenue loans are an increasingly common way for businesses to fund their growth. You might be wondering, from a legal perspective, how...

The Law of Startups podcast features BJ Lackland

May 25, 20161 min read

Startup Leadership

The Law of Startups podcast features BJ Lackland

Our CEO, BJ Lackland, was recently featured on the Law of Startups podcast with Joe Wallin, Principal at Carney Badley Spellman, and Mike...

4 Things to Know About VCs and Non-Disclosure Agreements

Jan 25, 20163 min read

Startup Law

4 Things to Know About VCs and Non-Disclosure Agreements

You’re a tech entrepreneur at an emerging startup. To date, you’ve bootstrapped your company , but now you’re at the stage where you’re...

A Hidden Pitfall of Convertible Debt: Full Ratchet Anti-Dilution Rights

Jul 28, 20153 min read

Equity & Ownership

A Hidden Pitfall of Convertible Debt: Full Ratchet Anti-Dilution Rights

What are anti-dilution rights? And what is a full ratchet? Here's what startups need to know about convertible debt terms.

Liquidation Preference Multiples: The Hidden Trap of Convertible Debt

Jul 15, 20155 min read

Equity & Ownership

Liquidation Preference Multiples: The Hidden Trap of Convertible Debt

What are liquidation preference multiples and how can startup founders avoid deals with early investors that can cause big headaches later?

Jun 16, 20154 min read

Equity & Ownership

Why VCs Only Invest in C Corporations

Not all corporations are created equal. Learn Why VCs prefer C-Corps and explore funding alternatives if you're startup isn't one.

Why you need to have a founders’ agreement in place

Jun 12, 20153 min read

Startup Law

Why you need to have a founders’ agreement in place

One business risk many startups overlook is the relationship between cofounder(s). They assume formal agreements are unnecessary. Big...

4 Reasons Your Startup Shouldn’t Be an LLC

May 26, 20154 min read

Startup Law

4 Reasons Your Startup Shouldn’t Be an LLC

In the frantic life of a startup, founders often find themselves making countless decisions, day in, day out. The rapid-fire nature of...

Apr 13, 20153 min read

Accounting & Taxes

7 Mistakes Startups Make with Taxes

If you’ve only recently started up, you might think that worrying about and planning for taxes is something you can do later, when your...

Warrants vs. Options: Legalities and Tax Implications for Startups

Apr 1, 20152 min read

Accounting & Taxes

Warrants vs. Options: Legalities and Tax Implications for Startups

Startup warrants and options are similar. See how they're used and structured differently, and how they're also taxed in in different ways.

5 Key Areas to Address in Your SaaS Customer Agreements

Mar 19, 20153 min read

Startup Law

5 Key Areas to Address in Your SaaS Customer Agreements

As a transactional lawyer working with startups, a large part of my practice is helping software-as-a-service (SaaS) companies draft and...

Jul 10, 20132 min read

Startup Law

SEC Allows General Solicitation for Fundraising

The SEC has just (finally, over a year after the overarching act was signed) ruled on, and approved Section 201(a) of the Jumpstart Our...

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