Business Law Blog

The Good, the Bad, and the Boardroom Picture this. A brother and sister own a successful IT consulting business organized as a 2-member LLC. They have been in business for 5 years, generate roughly $2 million in annual revenue, keep immaculate books, and have a...

Go Directly to Equity Jail: Do Not Pass Go, Do Not Collect $200“Why have some cash now when you can potentially have more cash later?” Rollovers are often packaged this way and considered no-brainers for both sides. However, a great idea with poor planning is...

What Now? A Short Roadmap to Successful SuccessionEntrepreneurship is a journey. That road is filled with wrong turns and bumps along the way. You don’t really even have a roadmap a lot of the time, and during the years, decades even, of work, it often feels like there...

The Five People You Meet at the Closing TableIf you’ve ever survived an M&A closing, you already know: it’s usually less of a “let’s gather round the table and sign a bunch of documents” and more of a group project. If you were that one...

All’s Fair in Love and AIAI is not your bestie. It’s a language model, a tool, and at least from what we’ve seen, not exactly your second brain. Not unless you spend the big bucks to create your own tailored, centralized and proprietary system. Even then, it’s...