Blog

5 Ways to Beat a Non-Compete in Colorado

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 ability to freely pursue one’s trade. So if you you’ve … Read More

How to Know if You’ve Found the Right Lawyer

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 relationship, you should probably seek out a different professional … Read More

The Single Worst Reason for Choosing a Startup Lawyer

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 person you would want to help you in that scenario. Then why would … Read More

Limits on Limited Liability: When You Become Liable For Your Business’s Debts

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 corporations must be property run to maintain that limited liability. … Read More

gdpr ready privacy policy

What Startups and Small Businesses in the US Need to Do to Comply with the GDPR

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 EU, you can stop reading. If the answer is yes, … Read More

What You Need to Know Before Buying or Selling a Business in Colorado

Most business owners and many lawyers underestimate the nuances of how state and local laws can affect the purchase or sale of business. While many of the laws and legal boilerplate that you might see in a purchase transaction will be consistent across state lines, there are some critical ways in which they differ. Understanding … Read More

Letter of Intent

Letters of Intent – The Most Valuable Non-Binding Legal Agreement You’ll Ever Sign

To the untrained eye, letters of intent may seem like the least important part of a business agreement. After all, they’re usually non-binding. And many people equate non-binding with inconsequential. But nothing could be further from the truth. In a deal where the parties sign a letter of intent, letters of intent are where nearly … Read More

Summary of Colorado Blue Sky Laws

Summary of Colorado Blue Sky Laws (Updated)

I’ve found that while entrepreneurs have an excellent sense of the law when it comes to term sheets and venture deals, they have a much more limited understanding of securities laws. What’s worse, many lawyers I’ve talked to aren’t aware of the details of Colorado’s securities laws, either. Most competent attorneys know about the basics … Read More