business lawyer - Palermo Business Law Firm

Vendor Contracts (Pt. 3)

Does my business need to hire a business lawyer for vendor contracts? A question I get asked a lot, the answer is not always, but often times it helps to have the guidance and control that good legal advice and drafting can provide. Something as […]

March 18, 2016November 22, 2022

When To Call A Lawyer For Your Business (Part 2)

Not every business transaction needs a lawyer, but often times it helps to have the guidance and control that good legal advice and drafting can provide. Something as basic as a contract can help the parties determine their obligations such as quantity, delivery terms, payment […]

March 17, 2016November 14, 2022

Time To Call A Lawyer For Your Business (Part 1)?

Do I need a business lawyer? Not every business transaction needs a business lawyer. You know that. When one business sells materials to another pursuant to a purchase order, that’s a legally binding transaction, but the parties can’t possibly need or want a lawyer every […]

March 17, 2016November 22, 2022

Why Online Legal Business Documents Are Useless (Part 1)

Online legal documents. On Facebook this morning I saw a picture of a coffee mug that said, “Please do not confuse your Google search with my medical degree”. My first thought was “same, but ‘law degree’” The internet has given the appearance of making complex […]

March 16, 2016November 22, 2022

Who Makes Corporate Decisions?

This week’s Insight discusses the control of a business – who makes the corporate decisions. The answer is dependent on the business form (sole proprietorship, partnership, Corporation, LLC) and how it was set up in the first place. The worst decision-making setup (and the best […]

March 10, 2016November 22, 2022

Asset Protection Through Use of a Holding Company – Cost

Last week I wrote about business asset protection through the use of a holding company (here: LINK). In addition to the purely legal aspects of asset protection, a business owner should consider the cost/benefit to using this structure before implementing such a strategy. It might […]

March 10, 2016November 22, 2022

Holding Company / Operating Company: Do You Need Both?

Holding company and operating company. One of the many reasons for owning a “company” of some sort is corporate asset protection. Not only can company structures shield an owner’s personal assets from tort, contract or government levy, but one company can be used to protect […]

March 10, 2016November 22, 2022