How to Effectively Handle a Shrinking Legal Budget in the Face of the Parochial Billable Hour

After decades of resistance, the legal industry is starting to change. But innovation is primarily driven by forward-thinking general counsel and in-house legal departments, not by law firms. Law firms have proven that change comes slowly with so many stakeholders in a partnership structure where more than 40 percent (of big law) partners are in […]

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Save Serious Cash with a Strong Terms of Use

By UpCounsel Attorney Sue Dunbar Just seeing the phrase “disclaimers of warranty and limitation of liability clauses” probably makes your eyes glaze over. The typically long, grammatically incorrect run-on sentences in these types of contracts certainly don’t help. The common consumer tends to skim over the content if they read it at all. BUT THOUGH THE ALL CAPS […]

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4 Reasons to Invest in Commercial Property

There’s a good reason why Chinese investors have spent $21.1 billion on commercial real estate worldwide, with almost $5.9 billion of that money invested in the United States. If done right, renting out commercial properties will reliably bring in higher annual returns than many other investments. So if you’re looking for a good way to grow your money, here are four reasons […]

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The Top Moments of 2015

This past year was an incredible year for the UpCounsel team. From humble beginnings – it all started with an idea in The Grove on Fillmore – UpCounsel has emerged as a leader in the new freelance economy helping businesses of all sizes find an affordable and high-quality lawyer. In 2015, we saved our clients […]

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What to Know When Hiring an Independent Contractor

Hiring independent contractors is a strategy many businesses use to achieve success. Also known as consultants or freelancers, independent contractors do work based on the terms of an agreed upon employment contract, usually on a temporary or as needed basis. There are many benefits to hiring freelancers. However, before doing so, first think through the following factors. If you don’t, outsourcing […]

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The Initial Public Offering: Pros and Cons

Going public. That’s the milestone of success that many entrepreneurs salivate over. Fame, fortune, prestige and power can all follow a successful initial public offering. However, that doesn’t mean every business should aspire to become a publicly traded company. Inc. editor Elizabeth Wasserman stresses that there are many elements of an IPO that businesses need to examine before […]

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