College Park Startup Attorneys & Lawyers
How it Works
Seth Wiener
Steven Stark
Scott Stram
Jake Siciliano
Alisha Bond
Richard Gora
Michael Wieser
Brig Ricks
Grant Maynard
Erin Hudson
College Park Startup Lawyers
Why use UpCounsel to hire a College Park Startup Attorney?
Average experience
You always get experienced professionals and high caliber work.
Faster
Your work gets done quickly because professionals are always available.
More cost effective
We use technology to cut traditional overhead and save you thousands.
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Legal Services Offered by Our On-Demand College Park Startup Attorneys
On UpCounsel, you can find and connect with top-rated College Park startup attorneys & lawyers that provide a range of startup law services for startups and entrepreneurs that are starting a business. Any of the top-rated College Park startup lawyers you connect with will be available to help with a variety of your startup law related legal needs on-demand or on an ongoing basis in the city of College Park, MD.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the College Park startup lawyers on UpCounsel can help you with a variety of specialized and general startup law related legal matters. No matter what type of startup law needs you have, you can easily hire an experienced College Park startup lawyer on UpCounsel to help you today.
Improve Your Legal ROI with Affordable Startup Attorneys that service College Park, MD.
What Our Customers Have to Say
"UpCounsel gives me access to big-firm lawyers minus the big-firm price tag. I work with several attorneys on the platform and there are never surprises...I always receive quality legal work at competitive rates that larger firms simply cannot match."
"Every startup needs to know about UpCounsel. We found great attorneys at great prices and were able to focus our resources on improving our business instead of paying legal bills."
"Before UpCounsel it was hard for us to find the right lawyer with the right expertise for our business. UpCounsel solves those problems by being more affordable and helping us find the right lawyer in no time."
This is the most recent 20 reviews out of 28 reviews for Business Operations attorneys in Maryland
Assist with Outside General Counsel
"Mario did an excellent job analyzing my script. Would highly recommend him and hope to work with him again."
Sheila O
.
Derwood,
MD,
almost 1 year ago
Assist with Outside General Counsel
"Lauri did an excellent job in the short turnaround time that was given. She delivered exactly what I needed. Would highly recommend her."
Sheila O
.
Derwood,
MD,
almost 1 year ago
Consult on Outside General Counsel
"Gene was incredibly helpful. He was able to turn this project around on a very tight timeline with short notice. His insights and suggestions were thoughtful and very valuable. Will definitely work with Gene again in the future!"
Rick A
.
Baltimore,
MD,
over 1 year ago
Consult on Outside General Counsel
"Everything went extremely well and as such Michael is absolutely the one, I will be going to in the future."
Joel Y
.
Randallstown,
MD,
over 3 years ago
Consult on Outside General Counsel
"Philip promptly responded to my messages prior to consultation. During consultation, he was very personable and knowledgeable regarding my issue. He answered all of my questions and provided options for me to pursue. I highly recommend Philip Davis!"
Kassandra M
.
Laurel,
MD,
over 4 years ago
Business Dispute - Unpaid invoices
"Knowledgeable, responsive and thorough."
Punit S
.
Clarksville,
MD,
about 5 years ago
Restructure Corporation
"Excellent!"
Adegoke O
.
Baltimore,
MD,
about 5 years ago
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Assist with Outside General Counsel
"It went well!"
Darren R
.
Gaithersburg,
MD,
about 5 years ago
Internal Stock Transfers / Stock Purchase Agreements
"Great!"
Adegoke O
.
Baltimore,
MD,
over 5 years ago
Form Delaware Corporation / Dissolve Wyoming and Maryland Entities
"Very responsive and professional. Quality work."
Ava P
.
Baltimore,
MD,
over 5 years ago
Covert Delaware LLC to C Corp
"Great."
Adegoke O
.
Baltimore,
MD,
over 5 years ago
Add Members to Delaware LLC - Vesting Agreements
"Great."
Adegoke O
.
Baltimore,
MD,
over 5 years ago
Internal Stock Transfers
"Great."
Adegoke O
.
Baltimore,
MD,
over 5 years ago
Revise Stock Issuance Documents
"He is fantastic and easy to work with!"
Scott G
.
Potomac,
MD,
almost 6 years ago
Review and Revise Fund Operating Agreement
"100% solid."
Adegoke O
.
Baltimore,
MD,
almost 6 years ago
Revise Stock Purchase Agreements / Minutes
"He is great to work with and really helped us a lot with his advice."
Scott G
.
Potomac,
MD,
about 6 years ago
Stock Option Grant
"Spectacular!"
Adegoke O
.
Baltimore,
MD,
about 6 years ago
Stock Purchase Agreement
"Perfect!"
Adegoke O
.
Baltimore,
MD,
about 6 years ago
Settlement & Mutual Release Agreement / Minutes / Stock Transfers
"Goes the extra mile! Very thorough!"
Adegoke O
.
Baltimore,
MD,
over 6 years ago
Stock Purchase and Gift Transfers
"Extraordinary!"
Adegoke O
.
Baltimore,
MD,
over 7 years ago
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Key Takeaways:
- Reverse vesting secures a company’s interests by ensuring founders and key stakeholders stay engaged for a defined period.
- It differs from traditional vesting as the shares are owned upfront but can be reclaimed if terms aren’t met.
- Essential elements of reverse vesting agreements include cliffs, repurchase rights, and accelerated vesting clauses.
- The practice benefits investors, attracts funding, and maintains founder alignment with company goals.
- Reverse vesting agreements must balance fairness and tax implications for founders and companies.
Reverse Vesting: What Is It?
Reverse vesting occurs when a company's co-founder receives his or her shares and ownership interest upfront. This exchange is subject to vesting similar to employee stock options. If the co-founder leaves, the company may repurchase a set amount of those shares.
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Carried interest, also known as carry, is a share in the profits that general partners receive in compensation for the management of a venture capital fund. These profits can be long-term gains, dividends, short-term gains, or interest and a total of 20 to 25 percent of the fund's profits. However, general partners aren't required to invest their own money. Instead, these funds are intended as motivation for a general partner that is only available at the sale of the fund.
The best way to picture carried interest is through an example. Imagine you give a friend $100 to put on roulette when they go to Vegas, and they win $200. If you agreed to a 20 percent cut for your friend, you'll pay $20 on the interest. This is how carried interest works.
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A contract drafted by the company's members called the Operating Agreement outlines the structure of a Delaware LLC and the rules that govern the members, or owners, of the LLC. The Operating Agreement is legally binding and enforceable by every person that signs it. The members are free to organize the company however they see fit. The can create their own terms for governing, operating, and overseeing their LLC.
The first Delaware LLC was formed on October 1, 1993, when the Delaware Limited Liability Company Act fi
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