Archive for the ‘Investment’ Category
February 12th, 2010 | 
Author: You might wonder what to do if or when your business gets into the red. Although it isn’t the best idea, you might have to consider liquidating your debts. To do this you will want to get a business bankruptcy attorney. Before you get all excited about getting an attorney, you need to be specifically careful to hire a business bankruptcy attorney instead of a civil bankruptcy attorney. The differences between a regular bankruptcy attorney and a business bankruptcy attorney can be the difference between actually filing for bankruptcy and finding another way to liquidate and save some of your business.
A business bankruptcy attorney does not necessarily go to school longer than a regular attorney, but they do however take more business classes than others. The last two years in law school is a time to choose your specialty, that time can be spent on family law, business law, criminal law, or other sub divisions of law. During this time the lawyers to be are spending a lot of time getting to know people and specified laws in their chosen fields. These type of attorneys would take classes that center around business law, either corporate, sole proprietors and/ or partnerships. They would also take a few classes to differentiate between all the laws that cover these classes of business. Business bankruptcy will be covered in at least a few classes, and in much more depth than it would in a general law class.
A business bankruptcy attorney will have a lot of background in the business and bankruptcy field. Most attorneys start at firms that cover their specialties and they work with top attorneys in their fields. Attorneys do not like to lose, and therefore when you go to one of these firms you will get not only a young out of school attorney but the whole firm that works with this person. You can get all the experience of fresh law school knowledge and experienced, winning attorneys.
Posted in Bankruptcy, Bankruptcy attoreny, Business Law, Crime, Criminal Lawyer, Employment Law, Immigration, Investment, Labor Law, Law, Lawyer, Medical Malpractice, Mortage law, Patents, Personal Injury, Personal injury lawyers, Real Estate Law, legal | 
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‘not’ your grandfather’s law dictionary.” This law dictionary is written in clear English and contains compete definitions of legal terms you need today. As an attorney, this book will not replace my “Black’s Law Dictionary” which is the standard for legal dictionaries, but this lighter, plain-English text is very convenient to have on hand. For most people, this text is all they would need when wondering about a legal term. To illustrate the differences in dictionaries, let’s look at the word “partner.” Most of us know what it means, and it is a common word that we use in business all the time. The definition in “Nolo’s” is: “One of the co-owners and investors in a partnership. Each partner claims a share of the the (sic) business’s income or losses on the partner’s individual tax return. General partners are responsible for the debts, contracts, and actions of all the partners in the business. Limited partners do not share responsibility for partnership debts and cannot share in management decisions.” (Note that I found a typo in the definition noted with the (sic)). “Black’s” provides much more under the listing of “partner.” “A member of partnership or firm; one who has united with others to form a partnership in business.” The there are definitions for each of the following: Dormant partners, full or general partner, junior partner, limited partner, liquidating partner, nominal partner, ostensible partner, quasi partner, secret partner, silent partner, special partner, and surviving partner. “Black’s” contains much more than “Nolo’s,” but that is what you expect, and for most people who are not attorneys, “Black’s” has much more than is needed, and is not as easy to understand as “Nolo’s.” The size and cost of the books is very different too. “Black’s is a very large and heavy book, and much more expensive. “Nolo’s Plain-English Law Dictionary” is smaller, paperback, easier to grab off the shelf or take with you, and costs less.If you would like an easy to understand law dictionary, full of the most common terms non-lawyers will most likely need, this book will be a very good addition to your reference library.
Posted in Business Law, Business crime, Elder Law, Employment Law, Internet Laws, Investment | 
Tags: Law Dictionary |
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Is the Threat of a Lawsuit a Real Fear?
As a small business owner, you may be one of the 48% concerned about frivolous or unfair lawsuits. According to the U.S. Chamber Institute for Legal Reform, actual lawsuits and the fear of lawsuits cost U.S. small businesses $98 million in 2005. That 
figure may seem large because it includes money spent on damage awards, settlements, legal costs, liability insurance premiums, and costs incurred by insurance companies on behalf of policyholders. Is the fear of lawsuits a real fear? Unfortunately, yes. Anybody can sue anybody over anything at any time. In reality, 46% of small business owners have been threatened with a lawsuit, 34% have been sued in the past 10 years, and 62% have made business decisions to avoid lawsuits. Indeed, small businesses bear 69% of the total cost of the tort system to all U.S. businesses.
What is the Best Course of Action?
What’s a small business owner to do? For starters, realize that the best defense is a great offense. While most small business owners fear the law, it is much wiser to use the law as a protective shield. There are many business and legal components that contribute to creating the strongest shield possible – business entities (the type of structure that governs your business), insurance, and intellectual property (copyright, trademark, patent, and trade secrets) to name a few.
As a former full-time practicing attorney and now a small business owner, I have been on both sides of the fence when it comes to the legal issues a business owner may face. It is imperative that entrepreneurs understand the basics of the legal side of running a business, and how to use the law as a shield to protect yourself and your business.
Creating a Shield Through Business Structure
The first item a small business owner should consider is the structure of the business. There are 4 basic types of business entities: sole proprietorship, partnership, corporation, and limited liability company. A common misconception of small business owners is that the business entity itself always creates a legal shield. In some instances (a corporation, or limited liability company, for example), this is generally true. However, if you are a sole proprietor (and, if so, you are not alone, as 78% of all small businesses in the U.S. are sole proprietorships), then you essentially have no shield. As a sole proprietor, you are personally liable for all business debts and other obligations. Fortunately, the law is not the only means to create a shield to protect your business. If the business entity itself does not provide a shield, then you can create one by acquiring appropriate and adequate insurance coverage. Thus, a sole proprietorship that is adequately protected by insurance may have an effective shield.
Posted in Business Law, Business crime, Criminal Lawyer, Elder Law, Intellectual Property, Internet Laws, Investment, Labor Law, Law, Lawyer, divorce lawyer, legal |
Tags: Law As a Shield, Protect Yourself and Your Business |
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With a law firms seemingly on every corner, it becomes important to set the best apart from the rest. Law firm internet marketing plans are key to brining in new business and assisting with retainment and referrals. A marketing professional that is an 
expert in the field will be able to make this happen.
There are several components to successful law firm internet marketing. The website is the main ingredient, rich in SEO keywords. Most potential clients will use the web in searching for the right firm, and if they can’t find it, they won’t contact it. The firm needs to be represented in a sophisticated manner, while not being too ostentatious. Images of the partners, their specialties, and an easy to navigate style are all important elements that capture the potential client. Just as important as being able to find the site, is keeping the viewer on it and making them want to contact the firm. The firm needs to be represented in a positive and friendly light, and charming the client without being over the top.
The use of blogs and social media will appeal to a broad spectrum, and help portray the firm as the most knowledgeable professionals in their field. Facebook and Twitter will be more appealing to a younger crowd, while informative articles will captivate an audience looking for specific answers. The use of video is also recommended by law firm internet marketing professionals. A simple minute-long video will convey more about the attorneys in the firm than a simple photograph, and will personalize the experience. The power of voice is often more compelling, and will lead the potential client to contact the firm.
A successful internet marketing plan is not without the use of email. Newsletter updates that contain new information, promotions, and attorney bios are powerful tools that help retain clients. They continue promoting the positive image of the firm, and are potentially forwarded to friends, coworkers, or neighbors for new referrals.
All of these elements together provide a comprehensive campaign for the law firm. Including a law firm internet marketing professional will ensure that the right combination is created to best promote the firm. It will drive traffic to the law firm’s site, and create an overall trusting image that keeps the clients returning.
Posted in Advance loans, Business Law, Business crime, Crime, Criminal Lawyer, Elder Law, Employment Law, Internet Laws, Investment, Labor Law, divorce lawyer |
Tags: Internet Marketing Plans, Law Firm Internet |
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