Startup Lawyers for Tulsa, Oklahoma

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Meet some of our Tulsa Startup Lawyers

Howard B. - Startup Lawyer in Tulsa, Oklahoma
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5.0 (1)
Member Since:
July 29, 2022

Howard B.

Managing Member
Free Consultation
Tulsa, Ok
13 Yrs Experience
Licensed in OK
University of Tulsa

Berkson is a dedicated, practical, and detail-oriented attorney licensed to practice in every state court of Oklahoma and the United States Northern and Eastern District Courts. He graduated from the University of Tulsa College of Law with Honors. While there, he received awards for highest grade in trial practice, legal research, and civil procedure. He was also the Executive Notes and Comments Editor for the Energy Law Journal, the official journal of the Energy Bar Association in Washington, D.C. The Energy Law Journal is one of the few peer-reviewed journals in the legal profession. Prior to becoming an attorney, Howard Berkson held executive positions involving a wide range of business and human resources management functions. He has in-depth knowledge of both business and HR practices. During his business career, Berkson negotiated, wrote, red-lined, and disputed contracts. He has answered charges, handled inspections, and supervised audits involving numerous agencies including the Department of Labor, the Equal Employment Opportunity Commission, the National Labor Relations Board, the Occupational Safety and Health Administration, and various state agencies. Berkson honed his analytical and writing skills while earning his Bachelor of Arts degree in Philosophy from the University of Washington. He went on to obtain a Master of Arts in Labor and Industrial Relations from the University of Illinois. Berkson’s work can be found in such publications as The Energy Law Journal, Human Resource Management Review and Personnel Psychology. He is a member of Phi Alpha Delta law fraternity and of Phi Kappa Phi honor society.

Recent  ContractsCounsel Client  Review:
5.0

"Very easy and effective to work with. Howard knows what he is doing."

Travis D. - Startup Lawyer in Tulsa, Oklahoma
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5.0 (1)
Member Since:
August 8, 2022

Travis D.

Partner
Free Consultation
Norman, OK
6 Yrs Experience
Licensed in OK
University of Oklahoma

Travis counsels individuals and businesses on a broad range of complex topics. His practice centers on producing efficient, client-driven results. He concentrates his practice on real estate, construction, and general business matters with an emphasis on assisting clients both before and after problems occur by drafting contracts designed to best position clients to avoid disputes and litigating matters to a final resolution if problems emerge. Born and raised in Oklahoma, Travis is a triple graduate of the University of Oklahoma, having obtained his Bachelor of Arts, Master of Business Administration, and Juris Doctor degrees from OU. Prior to practicing law, Travis managed the finances and business operations of a successful construction supply company for several years. This insight into sophisticated business dealings, contractual issues, and strategic planning makes him uniquely qualified to handle a wide range of legal matters. Travis lives in Norman with his wife, Haley, dogs, Walter and Poppy, and cat, Ernest. Outside of the office, Travis enjoys playing golf and reading.

Recent  ContractsCounsel Client  Review:
5.0

"What a great service! Will definitely recommend to family and friends!"

Max N. - Startup Lawyer in Tulsa, Oklahoma
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5.0 (6)
Member Since:
August 17, 2022

Max N.

Attorney
Free Consultation
Oklahoma
7 Yrs Experience
Licensed in OK
Oklahoma City University School of Law

Oklahoma attorney focused on real estate transactions, quiet title lawsuits, estate planning, probates, business formations, and all contract matters.

Recent  ContractsCounsel Client  Review:
5.0

"I am so impressed with Max's work ethic, communication, and thoroughness. This is a five-start customer service experience and I look forward to continuing working with him as I grow my out of state investments in the state of Oklahoma (currently based in FL)"

Amber M. - Startup Lawyer in Tulsa, Oklahoma
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5.0 (29)
Member Since:
March 8, 2023

Amber M.

Attorney
Free Consultation
Arizona
11 Yrs Experience
Licensed in OK AZ
J. Reuben Clark Law School

Amber Masters has 11 years of experience as a contracts attorney, helping small businesses with an array of agreements, such as purchase agreements, master service agreements, and employment contracts. She has an extensive background assisting health care providers through practice transitions including dentists, doctors, and other health care professionals. She is a highly rated and acclaimed estate planning attorney and personal finance expert, who has been featured on CNBC, NBC, and Yahoo Finance. She successfully launched and sold a fintech startup and can empathize with the issues small and mid-size businesses face. Licensed in Oklahoma and Arizona.

Recent  ContractsCounsel Client  Review:
5.0

"Amber was great to work with. Clear scope delivery on schedule and budget. Very helpful and efficient. Would highly recommend her."

Zachary D. - Startup Lawyer in Tulsa, Oklahoma
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5.0 (1)
Member Since:
July 26, 2023

Zachary D.

Business Lawyer
Free Consultation
Holladay, UT
17 Yrs Experience
Licensed in OK CT, ID, MT, WY
The George Washington University Law School

Helping small business owners meet their legal needs.

Recent  ContractsCounsel Client  Review:
5.0

"Zachary was great to work with. Highly recommend for estate planning. Thanks so much!"

Alan B. - Startup Lawyer in Tulsa, Oklahoma
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5.0 (3)
Member Since:
November 25, 2023

Alan B.

Business Attorney
Free Consultation
Tulsa, OK
12 Yrs Experience
Licensed in OK MO, MS
University of Tulsa College of Law

At Barker Law, we provide clients with superior service in trust, probate, and estate matters and litigation, contract drafting and review, outside general counsel services, negotiation, commercial litigation, and regulatory navigation. We confidently handle transactional and regulatory matters for businesses and individuals. As our feedback shows, we excel at meeting and exceeding our clients needs.

Elbert T. - Startup Lawyer in Tulsa, Oklahoma
View Elbert
4.8 (7)
Member Since:
March 31, 2022

Elbert T.

Attorney
Free Consultation
Oklahoma City
5 Yrs Experience
Licensed in OK
Oklahoma City University School of Law

Elbert Thomas is the founder of the Thomas Law Group, LLC. Elbert is proficient in contract creation, drafting, reviewing, and negotiating various business contracts and demand letters in industries such as construction, personal, professional services, non-profits, and real estate. Elbert typically represents small and large companies in drafting and negotiating countless agreements such as purchase sale agreements, interconnection agreements, lease agreements, demand letters, cease & desist letters, transfer of deeds in real property, and merger/acquisition agreements. In addition, Elbert is also experienced in start-ups, small business formation, drafting operating agreements, and estate planning.

Recent  ContractsCounsel Client  Review:
5.0

"I enjoyed working with Elbert. He is thoughtful and willing to walk an ambiguous idea forward with you until there's clarity."

Sarah S. - Startup Lawyer in Tulsa, Oklahoma
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Member Since:
September 22, 2022

Sarah S.

Attorney
Free Consultation
Oklahoma
6 Yrs Experience
Licensed in OK
University of Tulsa College of Law

I have a background in Criminal Law, Family Law, Contract Law, and Environmental Law. I also have five (5) degrees in the following: Here are my degrees and background: 1) B.S. in Environmental, Soil, and Water Sciences 2) A.S. in Pre-Medical Sciences (anatomy, physiology, medical terminology) 3) A.S. in Aircraft Non-Destructive Inspection (science of x-rays, cracks in metal, liquid penetrant, magnetic particle inspections, ultrasonic inspections, and spectrophotometric oil analysis) 4) Master's in Natural Resources Law Studies (1 year focus in the environmental and pollution laws (Hazardous Waste Laws such as RCRA, CERCLA, FIFRA, Natural Resource laws such as ESA, CWA, CAA, FWPCA, Environmental Law, Sustainable Development, and Global Climate Change issues) 5) Juris Doctor and certificate in Native American Law

Cannon M. - Startup Lawyer in Tulsa, Oklahoma
View Cannon
Member Since:
June 12, 2023

Cannon M.

Lawyer
Free Consultation
Oklahoma City, Oklahoma
6 Yrs Experience
Licensed in OK
Oklahoma City University School of Law

I am an Oklahoma-licensed lawyer with a focus on guiding startup companies through important early-stage questions, such as entity formation, corporate governance, and fundraising. In my previous role, I drafted Form 1-A offering circulars, Form C offering circulars, and private placement memoranda for startups seeking to raise capital.

Opeoluwa O. - Startup Lawyer in Tulsa, Oklahoma
View Opeoluwa
Member Since:
September 11, 2023

Opeoluwa O.

Business Lawyer
Free Consultation
Oklahoma
6 Yrs Experience
Licensed in OK
University of Oklahoma College of Law

I am a seasoned lawyer from Tulsa, Oklahoma. I have a passion for the intricacies of business law, and I have a specialized focus in assisting personal, real estate, and medical marijuana businesses in navigating the complex legal landscape and drafting various transactional documents, such as operating agreements, purchase contracts, real estate contracts, and many more.

William B. - Startup Lawyer in Tulsa, Oklahoma
View William
Member Since:
April 2, 2024

William B.

Associate Attorney
Free Consultation
Brookhaven, Mississippi
5 Yrs Experience
Licensed in OK AL, MS
Tulane University

Presently, I am a civil rights and insurance litigation attorney with a focus on representation government entities. Prior to this, I’ve represented some of the largest financial institutions in the world in litigation.

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Startup Legal Questions and Answers

Startup

Equity Agreement

Massachusetts

Asked on Oct 25, 2021

What is the best way to receive equity compensation for work as a consultant?

I work as a fractional CFO to startup companies providing monthly services for a fixed fee. I'm looking to put in place an agreement where I receive a fixed rate of cash compensation each month, along with a fixed dollar rate of equity compensation each month. Given that these are startups, the valuation is generally not known at the time of the agreement. What is the best way to structure this arangement?

Moss S.

Answered Nov 30, 2021

It is always difficult to set a fair compensation package when a valuation of a company for equity purposes is unknown. Normally when funding a startup company, investors are given a valuation for their investment should the company be successful. If this is not ascertainable, I would suggest setting forth certain milestones of the amount of time expended and relate that to a percentage of equity in the company.

Read 1 attorney answer>

Startup

Vesting Agreement

Pennsylvania

Asked on Apr 4, 2022

Erin hope your having a great day! I am starting up my cold pressed juice company im bring in a co founder who's handling all branding and marketing I wan to give him some equity. looking for help with splitting equity and writing up a vesting agreement. thanks looking forward to hearing from you.

.

Ryan W.

Answered Apr 26, 2022

HI Erin. Congratulations on starting your cold pressed juice venture. That is exciting. I do have experience drafting agreements between founders and investors. Vesting agreements can be very flexible to meet the needs of the parties. They are very useful when a party is investing sweat equity in addition to or in place of cash. I am happy to discuss such agreements with you and how they relate to your particular venture.

Read 1 attorney answer>

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

Convertible Note

California

Asked on Jul 30, 2023

Convertible note vs. equity financing?

I am an entrepreneur and I am in the process of raising capital for my startup. I am considering both convertible note and equity financing options and am trying to decide which one is best suited for my company. I need to understand the key differences between the two options to make an informed decision.

Thaddeus W.

Answered Sep 8, 2023

Good question. Convertible notes (as well as SAFE's, discussed below) differ from equity in several respects. The most fundamental difference is that a convertible note is debt. A second major difference is that, although the note is debt, its terms include the noteholder's right to acquire an equity position in the future; if a certain event later occurs (defined in the note, but typically the sale of preferred stock to a future investor (e.g. a venture capital firm), but also a sale of the company can have a similar effect), this will trigger the note to convert into equity and the note is "satisfied" ... that is, the debt is extinguished when the note converts and the holder thereby becomes an equity holder (typically coming to own shares of preferred stock very similar to that issued to the future investors in that triggering event). These two differences are related to a third. A convertible note is often issued without a valuation of the company. For example, when a startup business has no operating history, it is impossible for the startup founders or the investor to decide what the company is worth. Equity cannot be issued for a fair market value (FMV), since there is no basis to determine what the FMV is. A convertible note resolves that by giving the investor (the note holder) the right to convert the note into equity later on, when another investor and the company can agree on a company valuation. In other words, the convertible note allows the company to "kick the can (of valuation) down the road" to be dealt with at another time. But, since a convertible note is debt, is has a repayment provision, and normally carries interest. This means that the note is carried on the company's balance sheet as debt, and presents the company with the future obligation to repay the note if a conversion event has not happened before the note's maturity date. So, SAFE's are often used, especially now that they have become so familiar to investors. (SAFE stands for Simple Agreement for Future Equity). Essentially, as SAFE is a convertible note without the debt features. A SAFE carries no interest and does not have to be repaid. The investor in a SAFE will normally be sophisticated and able to assess the chances the company will do well enough for a conversion event (the issuance of preferred stock, or a sale of the company) to result in the investor's SAFE converting, and thus give the investor comfort that would otherwise be lacking in an instrument that has no repayment obligation. Like a convertible note, a SAFE kicks the can of valuation down the road, where a valuation can later be determined by the company and a future investor. Founders should exercise caution in issuing convertible notes or SAFE's. Among other reasons, founders commonly do not appreciate the impact that convertible notes or SAFE's can have on the founders' own ownership. Convertible notes and SAFE's often include a feature called a "valuation cap." This can result in surprising dilution, as well as the issuance of equity to the converting note or SAFE holder at what is effectively a very low price per share, costing the company far more than the founders may have expected. Also, notes and SAFE's with very similar, but different, terms can result in a complicated capitalization table, making negotiations with venture capital firms later on more difficult, an equity transaction more complex, and thus the process more time-consuming and (therefore) more expensive.

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>
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