Startup Lawyers for North Dakota

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Meet some of our North Dakota Startup Lawyers

Morgan N. - Startup Lawyer in North Dakota
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Member Since:
March 24, 2023

Morgan N.

Attorney
Free Consultation
North Dakota and Minnesota
5 Yrs Experience
Licensed in ND MN
Mitchell Hamline School of Law

Morgan is a real estate attorney with six years of experience in residential, land, and commercial real estate transactions. He has experience assisting municipalities, businesses, buyers and sellers in real estate related matters. He has worked on various projects including purchase agreements, contract for deed, easements, mortgages, access agreements, contract/lease review and also title review. Prior to entering private practice, Morgan was a Realtor and assisted buyers and sellers in residential sales and closing services. Morgan provides proactive, responsive and dependable work to each client and project.

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Meet some of our other Startup Lawyers

Gregory F. - Startup Lawyer in North Dakota
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5.0 (7)
Member Since:
March 23, 2022

Gregory F.

Attorney
Free Consultation
Atlanta, Georgia
28 Yrs Experience
Licensed in GA, NY
University of Pennsylvania

Greg Fidlon has been practicing exclusively in employment law since 1998. He represents and advises clients in all aspects of the employment relationship. In addition to his litigation work, Greg regularly negotiates and drafts corporate policy handbooks, employment contracts, separation agreements and restrictive covenants. He also develops and presents training programs and has spoken and written extensively on labor and employment law topics.

Recent  ContractsCounsel Client  Review:
5.0

"The proposal price was very reasonable, and the lawyer promptly scheduled a consultation, and provided sound legal advice."

Orly B. - Startup Lawyer in North Dakota
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5.0 (4)
Member Since:
April 21, 2022

Orly B.

Attorney
Free Consultation
New York (virtual)
11 Yrs Experience
Licensed in NY
Tel Aviv University

Orly Boger has worked in the high tech industry and in a leading law firm before launching her law firm. Orly focuses on startup companies and technology transactions. She structures and negotiates software and technology license agreements, strategic partnerships, cloud-based/SaaS agreements, internet related transactions, OEM agreements, supply, distribution, telecommunications. In addition, Orly has experience in serving as an in-house legal counsel for start up companies at various phases of their development, providing strategic legal advise to entrepreneurs and emerging companies with a comprehensive understanding of the business and legal issues. She has been helping companies develop a legal strategy for all aspects of their operations, from commercial transactions and partnerships, scalable SaaS or services agreements, privacy policies, employment related policies, open source licensing and much more.

Recent  ContractsCounsel Client  Review:
5.0

"Quick response every time, fast to revise the documents. Great to give advice"

Brian S. - Startup Lawyer in North Dakota
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5.0 (16)
Member Since:
April 16, 2022

Brian S.

Chief Legal Officer
Free Consultation
Washington, DC
17 Yrs Experience
Licensed in DC, PA
Duquesne Law School

Corporate attorney with 16+ years of in-house counsel, people leadership and client management experience. Provides legal expertise and a business-oriented approach to problem solving and building lines of business. Consistently works under pressure, prioritizing and managing workload and simultaneous tasks to meet deadlines in a changing, fast-paced environment.

Recent  ContractsCounsel Client  Review:
5.0

"Great work and communication. Would recommend working with Brian!"

Sunnita B. - Startup Lawyer in North Dakota
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4.9 (33)
Member Since:
March 29, 2022
Joann H. - Startup Lawyer in North Dakota
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Member Since:
March 23, 2022

Joann H.

Attorney at Law
Free Consultation
Miami
26 Yrs Experience
Licensed in FL, NY
University of Buffalo School of Law; SUNY at Buffalo School of Law

I practiced law for the past 22 years in Immigration, Bankruptcy, Foreclosure, Civil Litigation, and Estate Planning. I am interested in downsizing to a more workable schedule to allow the pursuit of other interests.

Pankaj R. - Startup Lawyer in North Dakota
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Member Since:
March 26, 2022

Pankaj R.

Owner
Free Consultation
Los Angeles/Inland Empire
17 Yrs Experience
Licensed in AZ, CA
University of Arizona Rogers College of Law

I advise clients in the areas of business, trademarks, real estate, employment, and finance. My overarching goals are to unite creative people and companies to assist them in making sound legal and business decisions. I have been fortunate enough to build a fast-growing, 21st-century law firm with an amazing staff by my side. Our focus is not just on providing invaluable legal insight but creating a better all-around client experience. We provide unique subscription pricing and flat-fee options for our clients, providing billing transparency and enhanced value to all of our wonderful clients. Focus areas: contract drafting, negotiations, research, trademarks international law, entertainment, business development, entity choice; business: manager, team builder, leader, motivator. Speaking Engagements: National Business Institute (NBI) - "Business Contracts 101"

Neilson B. - Startup Lawyer in North Dakota
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Member Since:
March 26, 2022

Neilson B.

Managing Attorney
Free Consultation
Charlotte, NC
7 Yrs Experience
Licensed in IL, MO, NC
Shepard Broad School of Law

Hi, I am the founding member of Son of Brown Law Firm, based in Charlotte North Carolina. Our firm practices in the areas of Business Transactions, Cannabis/Hemp, Personal Injury and Immigration Law.

Patrycja S. - Startup Lawyer in North Dakota
View Patrycja
Member Since:
March 29, 2022

Patrycja S.

Attorney
Free Consultation
Cleveland, OH, United States
6 Yrs Experience
Licensed in OH
Cleveland Marshall College of Law

Freelance attorney helping others beat overflow work by assisting with legal research, legal drafting, discovery, litigation support and client relations.

Jerry L. - Startup Lawyer in North Dakota
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Member Since:
May 17, 2022

Jerry L.

Attorney
Free Consultation
Nashville, Tennessee
9 Yrs Experience
Licensed in TN
University of Tennessee

Jerry provides legal advice to business owners regarding contracts, business law, labor & employment, wills and estates, and real estate.

Aaron B. - Startup Lawyer in North Dakota
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Member Since:
April 27, 2022

Aaron B.

Owner
Free Consultation
Hawthorne, New York
22 Yrs Experience
Licensed in NY
Touro College, Jacob D. Fuchsberg Law Center

I have been in practice for over 19 years. I have substantial experience across the spectrum of civil practice areas both as a litigator and transactional counsel. This includes: negotiating commercial and real estate transactions, corporate organization, commercial agreements, and resolving commercial disputes, and litigating numerous civil, administrative, and criminal cases through all phases of litigation from trial through appeal, as well as judgment enforcement. My vast experience as a litigator is an asset to my transactional clients. My background in Investigating and proving the breakdown of business relationships in court allows me a unique advantage in drafting, negotiating, and closing business transactions.

Startup Legal Questions and Answers

Startup

Convertible Note

Ohio

Asked on May 20, 2023

Convertible note interest rate?

I am a tech startup founder and am considering raising capital through a convertible note. I am interested in finding out what the typical interest rate is for these types of investments. I understand that the rate can vary, but I am looking for a general range of what I can expect.

Paul S.

Answered May 23, 2023

Generally the rate is pretty low - for example, 5% is what I've used over the years, with little pushback. Keep in mind, investors don't do convertible notes for the interest income, they do them for the upside from converting into preferred stock with liquidation preferences, anti-dilution protection, etc. If a potential investor is really focused on the interest rate, that tells you that the investor has little or no experience investing in startups. Also, regarding the interest in general, it typically just accrues, rather than being paid out each year. When interest accrues for more than a year, the startup can claim the amount of accrued interest as an expense on its P&L and taxes, and the investor should recognize the amount of accrued interest as interest income, even if it hasn't been paid out.

Read 1 attorney answer>

Startup

Software Agreement

Florida

Asked on Jun 9, 2023

Software agreement and maintenance?

I am an entrepreneur who is planning to launch a new software product. I am in the process of negotiating a software agreement with a potential partner, and I need to make sure that I understand my obligations regarding maintenance of the software. I have limited experience in this area and need to ensure that I have a comprehensive agreement that covers all of the necessary points.

Daniel D.

Answered Jul 18, 2023

Your maintenance obligations will largely depend on what is written into the software agreement between you and your partner. If you and your partner agree you can have a very broad or very limited obligation, but it should be clear so you avoid any disputes in the future. A comprehensive agreement can include any provisions you and your partner agree on as long as it does not violate State Law or Public Policy.

Read 1 attorney answer>

Startup

Convertible Note

Ohio

Asked on Jul 6, 2023

Can a convertible note be transferred?

I am a startup founder and I am considering using a convertible note to raise capital. I am aware that convertible notes are agreements between investors and startups, but I'm not sure if they can be transferred to other investors. I need to know if this is possible so that I can make an informed decision about the best way to raise capital for my business.

Paul S.

Answered Aug 4, 2023

It depends on the terms of the convertible note. If you don't want it to be transferable, then you should include a provision in the note prohibiting transfers, assignments, etc.

Read 1 attorney answer>

Startup

LLC

Texas

Asked on Oct 26, 2023

How is ownership defined in LLC formation?

I am starting a new business and am looking to form a limited liability company (LLC). I understand that an LLC is a business structure that can help protect my personal assets from any debts or liabilities of the business. I am looking to understand how the ownership of the LLC is defined and how it affects the legal and financial structure of the LLC. I am hoping to find out what type of paperwork and/or agreements need to be drawn up in order to set up the LLC properly.

Jimmy V.

Answered Nov 3, 2023

Owners of LLCs are called "Members." Members make an initial contribution of cash or other property to the LLC in exchange for their Membership Interests in the LLC. The Members can run the LLC themselves if they like. This is common in LLCs with one or only a few Members. If there are many Members, they may decide to appoint a Manager to run the LLC. Managers can be owners, and vice versa.

Read 1 attorney answer>

Contracts

Equity Agreement

Pennsylvania

Asked on Jan 13, 2022

How much equity should investors get?

Hi there, I'm seeking counsel for a startup/small business with two initial investors. These investors have established auto repair businesses and will use those businesses as leverage to support a $500k loan that will be used to initially fund the business. Revenues from those businesses will be used to pay the loan until the business can pay for them. I will be providing all sweat equity. The investors above will have no involvement in the day-to-day (as they run their own businesses). One investor may provide connections to potential clients and if necessary, an additional investor.

Amy Sue L.

Answered Jan 14, 2022

This is really a business question, as much as it is a legal question - although lawyers can certainly help you structure and document it once answered. That said, I think you're likely to find a spectrum of answers - on one end of the spectrum, there are 3 investors with equal shares (each having 1/3 of the equity - 2 of which receive their percentage in consideration for $ investments, while you receive yours for your efforts in running the business day-to-day- in this scenario, everyone and everything they bring to the table is equally valued); on the other end of the spectrum, there are 2 investors with equal or otherwise proportionate shares (each having 1/2 of the equity - or some other percentages that total to 100% - in consideration for their respective $ investments, which may differ depending on the value of the businesses underlying the loans), and you are considered an employee of the business (not an investor), who will receive compensation for running the business- presumably a salary and possibly including incentives based on the success of the business; and of course, there are some variations that could impact any or all parties in the middle of the spectrum. I suggest that you have a conversation with your potential partners to learn how each party views the value being brought to the enterprise by the others and begin the negotiation from there. Note also that this deal sounds simple in theory but may become a little complicated due to the funding mechanism being used on the back end.

Read 2 attorney answers>
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