A joint venture is a particular kind of business partnership that brings with it several benefits and risks. They can provide investment opportunities and resources, but may also bring up conflict between partners and tension during the course of the venture. Carefully consider how much a joint venture will benefit your company and think ahead […]
How an M&A Attorney Can Assist With a Stock Purchase Agreement
When shares of a company are being purchased or sold, the parties involved often sign a stock purchase agreement. A stock purchase agreement is designed to protect both parties by laying out the unique terms of the agreement, including the par value of shares, when and where the transaction takes place, the number of shares […]
What Are Mergers and Acquisitions?
Mergers and acquisitions (M&A) is the legal process of consolidating two or more companies. This typically involves a number of components, such as corporate finances and the purchase of assets which allow for a smoother transaction. The overall goal of combining two or more businesses is to achieve synergy where the new combined company is […]
Benefits of Succession Planning for Small & Large Companies
Business succession planning is not just limited to small or large companies individually. In fact, businesses of all sizes can greatly benefit from having experienced and capable employees ready and willing to take on new leadership roles as they become available. Succession plans are essentially a proactive measure taken by business owners or managers to […]
The Role of An Estate Planning Attorney
End-of-life planning is a difficult but necessary process. It’s important to consider what you’d like to happen with your assets after your death, how they will be distributed, and to whom. Through estate planning, you can create a legally-binding plan that dictates your wishes and entrusts certain people with the responsibility of seeing those wishes […]
What is Corporate Law?
Corporate law attorneys assist businesses in a variety of ways. They can support transactional business needs, financial goals, dispute resolution, litigation, and compliance, among other legal areas. Most corporate attorneys specialize in a particular area of business law, and entire firms can assemble teams of their attorneys to assist clients with their range of legal […]
Business Succession Planning Strategies
Shareholders in a company must work together to determine the proper succession for their business. As business owners approach retirement age, it is important to create succession planning strategies to prevent changes in leadership from negatively affecting their company. A succession plan is a process used to identify and develop new leaders who can take […]
Business Succession Planning 101
Business succession planning involves a series of financial and logistical decisions about who will take over your company upon retirement, disability, or death. When a person owns a small business, company, or organization that accrues revenue, he or she has the ability to transfer ownership of the entity to another person. In many cases, the […]