Framingham Startup Lawyers
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Legal Services Offered by Our On-Demand Framingham Startup Attorneys
On UpCounsel, you can find and connect with top-rated Framingham 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 Framingham 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 Framingham, MA.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Framingham 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 Framingham startup lawyer on UpCounsel to help you today.
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- 7 min read
What is a Right of First Refusal?
A right of first refusal, also called an ROFR, a first right of refusal, or a last look provision, gives a person or company the opportunity to start a business transaction before anyone else can. It could provide the first chance to buy stocks or real estate at the same price and terms as another offer. If the holder of the right of first refusal declines, the owner of the asset can sell it to whomever they want.
There's even an ROFR in many child custody agreements. It requires that one parent offer the other parent the chance to watch the kids before using a family member or outside child care.
A Right of First Offer: What is it?
A right of first offer or ROFO requires owners to tell the holder first when they plan to sell an asset. Then the holder of the ROFO has the right to make the first offer on the business, stocks, or property. The seller can accept or reject the offer, speak to other buyers,
- 15 min read
How Much Do Inventors Make?
The question "how much do inventors make" does not have one answer. A great invention at the perfect time can earn the inventor millions, a few good inventions can keep the inventor going for years, or inventing can be a money sink that never amounts to anything. However, there are several ways to profit from an invention you should know about.
Invent Smarter, Not Harder
If you want to invent something because you always wanted to do so or because you're passionate about the product, that's perfectly fine. However, you shouldn't expect to get rich just from following your heart. Inventing as a hobby can be great fun, but you'll need to put in a lot more effort if you want to make a profit.
- Curb your enthusiasm. The first thing to do when you try to make money off your inventions is to keep your expectations low. That way you can set realistic goals and the
- 7 min read
Intellectual Property Protection
Intellectual Property Protection. What entrepreneurs and business owners need to know about the basics of intellectual property law to protect their business IP.
Intellectual Property Protection Explained
Entrepreneurs and business owners need to understand the basics of intellectual property (IP) law to best protect their hard-earned creations and ideas from unfair competition. Intellectual property includes distinctive items that you have created and ones that give you an economic benefit.
Seek professional experience from an intellectual property attorney to help your company plan for success and avoid theft of ideas, designs, and other concepts. Since filing and refiling IP applications can get expensive and waste time if done incorrectly, determine what you need to protect when it comes to IP:
- 5 min read
What Is Tortious Interference?
Tortious interference occurs when a business tries to economically harm a competitor by interfering with a contract or relationship. Breach of contract is the most common cause of interference. However, it is not the only form.
Interference often leads to economic damage. For example, the interference could involve the sale of a business. It could also happen if a vendor offers a business unreasonably low prices, causing the buyer to breach a contract with another vendor. Interference must be intentional to result in a legal suit.
Basics of Interference
The defendant in one of these cases is the person who interfered with the contract. Interference can happen in many ways, including:
- Unethical business practices
One of the most difficult parts of starting a business, and one of the least intuitive, is the paperwork piece.
To help alleviate some of that mystery, we've put together a list of some of the most important business documents that will give you a quick reference point after you incorporate.
Docs for Getting Funded/Venture Capital
83(b) Election Form: In the startup world of unvested shares, lots of owners elect to be taxed on the fair market value of property they currently have that they may not get to keep. Why? Because the present value is likely lower than future value and can save the owner money in the long-run. Consult your tax advisor before doing anything.
Cap Table: Like the name impl