Business Law Business Transactions Law Business Transactions Law A business lawyer can help with a variety of different legal issues that arise for business owners. A business lawyer can help with planning transactions and drafting contracts or memoranda of understanding. Below we have provided some of the most common points of concern with business transactions.Our business lawyers have dedicated large amounts of time to being some of the top business lawyers Los Angeles has to offer. We are skilled and knowledgeable in our field, and we stay current with the changing laws so that our clients always have the most current knowledge on hand. Business Litigation Business Litigation One of the most common ways people seek the professional services of a Los Angeles Business Litigation Lawyer is by talking within their communities to others who have faced similar issues. Similarly for legal issues, people are willing to provide feedback about the business litigation lawyer they used. But don’t make your decision about a lawyer solely on the basis of another person’s recommendation because different people react differently to a lawyers’ style and personality. Further, they may have also used a lawyer with a different expertise than what you are looking for. For these reasons you should meet, and speak personally with the lawyer about your case, and then only make a decision if you feel comfortable working with him or her. Breach of Contract Breach of Contract Business contracts are a key component of every business and are essential in defining responsibilities and tasks to ensure that both parties are held responsible for their roles. It’s common in business that for one reason or another, one party is incapable of holding up their end of the deal, which creates a situation where they are in breach of contract. Business Organization Business Organization Limited Liability Company offers the best of two worlds: LIMITED Liability aspect of corporations and PASS-THROUGH income-tax aspects of partnerships. Generally, a Limited Liability Company is formed with 1 or more members to carry on a business while none of the owners have personal liability for the obligations of the business Business Start-Ups Business Start-Ups Launching a business could be quite daunting as economy is still not on a sound footing and credit market not yet amenable to lending. Yet, for those entrepreneurs yearning to intelligently and prudently launch their small business, there are ways to make this rather impossible task a manageable one with prudence and caution. Buy-Sell Agreements Buy-Sell Agreements The methodology employed to ascertain the purchase price for the business and each individual asset is the sphere of a financial expert and not an attorney. Nonetheless, the due diligence undertaken to examine the books and records for the amount of purchase price should be used to identify the risks and liabilities to be incorporated in the Sale Contract. Limited Liability Company Law Limited Liability Company Law One of the most common ways people seek the professional services of a Los Angeles Business Litigation Lawyer is by talking within their communities to others who have faced similar issues. Similarly for legal issues, people are willing to provide feedback about the business litigation lawyer they used. But don’t make your decision about a lawyer solely on the basis of another person’s recommendation because different people react differently to a lawyers’ style and personality. Further, they may have also used a lawyer with a different expertise than what you are looking for. For these reasons you should meet, and speak personally with the lawyer about your case, and then only make a decision if you feel comfortable working with him or her. Small Business Attorney Small Business Attorney Limited Liability Company offers the best of two worlds: LIMITED Liability aspect of corporations and PASS-THROUGH income-tax aspects of partnerships. Generally, a Limited Liability Company is formed with 1 or more members to carry on. Pass-Through Entities Pass-Through Entities Limited Partnerships are one of the forms of entities available to form in California. Limited Partnership offers limited partners limited liability to the extent of their investment in the business. Nonetheless, Limited Partnership has several salient drawbacks. This article explores the building blocks of Limited Partnerships, its formation, taxation and some of the drawbacks associated with such business entity. Incorporation Incorporation S Corporations could be regarded as favorable business structures since shareholders could avoid double taxation and take advantage of protecting their other assets against liability except the ones invested in the S Corporation. Nonetheless, there are salient caveats before embarking on forming an S Corporation as opposed to other forms of business entities, especially LLCs. Let us intelligently and incisively explore some of the issues in more depth.