Groton Startup Attorneys & Lawyers
How it Works
Brendan T. Redmond
Groton Startup Lawyers
Why use UpCounsel to hire a Groton Startup Attorney?
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Applies to all transactions with verified attorneys on UpCounselIn the event that you are unsatisfied with the work of an attorney you hired on UpCounsel, just let us know. We’ll take care of it and refund your money up to $5,000 so you can hire another attorney to help you.
Legal Services Offered by Our On-Demand Groton Startup Attorneys
On UpCounsel, you can find and connect with top-rated Groton 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 Groton 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 Groton, MA.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Groton 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 Groton startup lawyer on UpCounsel to help you today.
Improve Your Legal ROI with Affordable Startup Attorneys that service Groton, MA.
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."
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"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."
- 6 min read
The Delaware LLC Act governs the limited liability company structure in Delaware. The structure is essentially a hybrid of the best features of both corporations and partnerships and the owners are called “members.” If you incorporate under the Delaware LLC Act, you do not need to have an operating agreement, though you may have an agreement that governs some of the affairs of the limited liability comp
- 3 min read
Updated September 30, 2020:
Regulation D: What Is It?
Regulation D is the most common method that startups use to raise money from investors without being required to register with the SEC. Using a Regulation D offering, businesses raise money faster by selling equity or debt securities while avoiding the complicated filing process and avoiding the cost of a public offering.
Regulation D contains three rules allowing exem
- 8 min read
Updated October 15, 2020:
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.
The founder already owns all the shares with reverse vesting and may be forced to sell a specific percentage of them for no profit if the complete vesting period hasn't been finished. Reverse vesting is a term used to define a specific situation where an independent contractor or an employee gets stock that's subject for the company to repurchase at-cost. The right to repurchase lapses the vesting period.
- 3 min read
Updated June 30, 2020:
Registering a Company: What Is It?
Registering a company means taking the steps necessary to both form an entity for your business in a state and obtain the permits and licenses needed to operate the business.
Each step in registering a business requires that you consider your options, complete and file the necessary forms and then pay the filing and registration fees. Unless your business structure, ownership and activities are simple, you will need the advice of an accountant and a lawyer to register a company.
Steps for Registering a Company
1. Choose and Reserve a Company Name
You’ll need to choose a name for your company after searching the state’s database of names used by companies formed in the state and companies formed in other states that have qualified to do bu
- 5 min read
What Is a Condition Subsequent?
A condition subsequent (CS) is an exit clause from an existing contract. The agreement between parties includes language that frees one of them from the deal. This happens when a conditional outcome occurs. A CS relieves a party of all obligations.
What's the Purpose of a Condition Subsequent?
Think of a condition subsequent as an escape clause. It ends a party's contractual obligation. In contracts, all involved parties have certain responsibilities. The CS gives one party the ability to walk away from the promise to perform a duty.
A CS is a kind of insurance for one or more parties. It makes sure that one of the gr