In the past month, much of the world has shifted to remote work practices and so much has been disrupted. Here, at McCarthy Garber Law, we have continued to provide our legal services, uninterrupted, in the midst of this disruption to the outside world. And we’ll...
There are many different names for it: Outside counsel, part-time general counsel, flat-fee general counsel, outside GC, or even fractional general counsel. But the concept is the same. Instead of hiring a lawyer full time to attend to your business’s legal...
More and more, I’m hearing frustration from post-revenue or post-capital raise corporations that want to pay new hires in common stock. It seems like an obvious win-win: a new hire, with faith in the company’s success, gets paid in common stock for a future pay day,...
One question I seem to be hearing more often from prospective clients lately: “How do I set up a holding company for my startup?” The answer is you don’t. Or, perhaps more precisely, you shouldn’t. A holding company is a company that owns other companies. The classic...
Once rare, non-compete agreements are now everywhere. For the companies that use them, they’re a great way to ensure employee loyalty and to protect against theft of trade secrets. For the employees who are subject to them, they can be a horrible restriction on the...
How do you know if you’ve found the right lawyer? It should be obvious. As in, you should know within the first few minutes of talking to them. If, after a 15-minute conversation with a prospective lawyer, you don’t immediately see the potential benefits from that...
If you were getting a divorce, would you ask your soon-to-be-ex-spouse for a divorce lawyer referral? No, you wouldn’t, because that would be so obviously stupid that no rational person would ever consider such an idea. Your soon-to-be-ex-spouse would be the last...
One of my biggest pet peeves with lawyers is when I hear the expression, “there’s a risk here.” In life, there’s always a risk. There’s a risk to waking up in the morning and getting out of bed. There’s a risk to walking your dog on...
Many people form LLCs or corporations to protect their personal assets. You don’t want to lose your car, your house, or your personal savings because a business venture didn’t work out. Forming an LLC or corporation gives you access to limited liability. But LLCs and...
The first question is: does your startup collect data from, store information of, sell products to, or monitor the behavior of anyone in the European Union? If the answer is no, which means you’re certain your users aren’t using your services while traveling in the...
