Tucson Startup Attorneys & Lawyers
How it Works
Tucson Startup Lawyers
Why Hire a Startup Lawyer?
When you start a business in Tucson, Arizona, you want to make sure you have the best startup lawyer in the area. Given that over 75 percent of startups fail, having a lawyer who understands starting a business in the area is very important for several reasons.
- Government regulations: Instead of waiting to hire an attorney until you realize you've broken certain business laws, you want to make sure you don't violate those laws in the first place. You also need to make sure don't create unnecessary tax liability and that you pay all of the taxes that you owe.
- Third parties and the public: It's important to ensure that you take all the right steps to reduce your risk during any interactions you have with customers, suppliers, employees, and the general public.
- Partnerships: When more than one person forms a company with others, they need to ensure that they establish from the very beginning every partner's rights and expectations. It is best to have a lawyer assist with drawing up a contract in case there are any disagreements later.
- Incorporating or forming a business entity: If you want to incorporate or create a business entity, you will want a lawyer to assist you with the paperwork and filing. Every state is different, and having a lawyer who understands Arizona state law is vital.
- Hiring employees: It is a good idea to speak to a startup attorney about best practices for hiring and firing employees. The attorney can assist with contracts and ensure you are protecting yourself as an employer. The lawyer will also know all of the up-to-date rules and regulations regarding employee and company rights in Arizona.
- Negotiating contracts: Whether you are negotiating with customers or with suppliers, there are certain legal requirements that need to be included in the contracts. You will also want a startup attorney to ensure you are getting the best possible outcome for your business.
- Obtaining licenses: Arizona has different licensing requirements depending on what type of business you are starting. Some businesses aren't required to get any licenses at all while others need two or more. It is best to consult with an Arizona-based business attorney who can tell you exactly what sort of licenses you will need for your particular business.
- Obtaining patents: You should speak with a lawyer before attempting to patent any of your products or services so that you do not waste time or money.
- Raising capital: If you are looking for investors, a startup attorney will be able to tell you how to go about it in the best way for your business.
How to Find the Best Startup Lawyer in Tucson
- Ask for recommendations: Ask your friends, your business colleagues, your accountant, and check with the Arizona Bar Association.
- Do your research: Once you have names in hand, research them. Read reviews, find out their specialities, and read about the firm they work for. Make sure you find someone with a good knowledge of corporate law, contracts, intellectual property, tax, and employment law in Arizona.
- Set up some interviews: After you do your research, make a short list of up to five attorneys, then contact them. Set up a time when you can meet and speak with them about your requirements.
- Ask questions: When you go into the interviews, have plenty of questions prepared. You should also be prepared to explain exactly what it is you will require from the lawyer and what your business is all about. You want to find someone who understands your vision and can help with all of your legal needs.
- Consider everything before hiring someone: Don't choose someone based solely on the cost. Choosing a "cheap" lawyer may get you someone who is inexperienced or will not be able to fulfill all of your requirements. Did you get along during the interview? Did they answer your questions confidently? Are they responsive to your phone calls and emails?
Questions for Startup Lawyers
- Do you have clients in my industry? If the lawyer has no experience working with companies in your niche, it probably won't be a good fit.
- Have you worked with startups before? Find out if they have worked with small businesses at the early stages of startup. If not, they may not be able to assist you in the ways you require.
- Will you be working on my project, or will another lawyer be handling it? Find out if the person you are speaking to will be the main attorney working on your business.
- What are your fees? Find out exactly what you will be paying for and whether they bill hourly or per task. Find out if the rate will change at any point and, if other people will be working on your project, what their rate will be as well.
Hiring a Tucson startup attorney is the best first step you can take when starting your business.
Why use UpCounsel to hire a Tucson Startup Attorney?
You always get experienced professionals and high caliber work.
Your work gets done quickly because professionals are always available.
More cost effective
We use technology to cut traditional overhead and save you thousands.
UpCounsel has been talked about in:
Money-Back Guarantee on All of Your Legal Work
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 Tucson Startup Attorneys
On UpCounsel, you can find and connect with top-rated Tucson 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 Tucson 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 Tucson, AZ.
From primarily dealing with things like business formation, contracts, leases, equity financing, securities, and intellectual property protection, the Tucson 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 Tucson startup lawyer on UpCounsel to help you today.
Improve Your Legal ROI with Affordable Startup Attorneys that service Tucson, AZ.
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."
- 4 min read
Rule 145: What is it?
Rule 145 is an SEC rule that allows companies to sell certain securities without first having to register the securities with the SEC. This specifically refers to stocks that an investor has received because of a merger, acquisition, or reclassification.
When Registration Is Required Under Rule 145
In addition to allowing certain types of securities to go unregistered, Rule 145 also requires that the following transactions must be registered if security holders vote on such transactions:
- Reclassification of securities that will replace one security for a different one.
- A merger, consolidation, or acquisition where the securities of one corporation or company are exchanged for those of a different company or organization.&n
- 4 min read
What Is an Acceleration Clause?
An acceleration clause (also called an acceleration covenant) is a provision, often written into loan agreements and promissory notes, that gives the lender, under certain circumstances, the right to require the borrower to pay off the entire loan amount immediately. Acceleration clauses are most commonly found in mortgage contracts and real estate loans. In the case of a mortgage, the acceleration clause is often triggered when the borrower (mortgagor) fails repeatedly make his payments on time.
Acceleration Clauses and Startups
In regard to startup businesses, acceleration clauses can be found in employm
- 8 min read
The process of meeting the requirements (not including publication timelines) for New York LLC formation can take about 6-7 weeks. Partnerships or limited partnerships can be converted into LLCs by filing a Certificate of Conversion with a fee of $200 with the New York Department of State. Limited liability companies can be merged or consolidated with other limited liability companies and/or businesses – a Certificate of Merger and fee of $60 should be filed with the New York Department of State.
Naming your business
- 9 min read
A master service agreement is defined as a contract two parties enter into during a service transaction. This agreement details the expectations of both parties.
Master Service Agreement: What Is It?
A master service agreement is when two parties agree to a contract that will settle most details and expectations for both parties. It'll state what each group has to do to honor its end of the bargain. It'll also show which services apply in the master service agreement.
The goal of a master service agreement is to make the contract process faster. It also should make future contract agreements simpler. A master service agreement (MSA) is also called a service level agreement (SLA). It spells out:
- Confidentiality: The parties both agree they won't share any secrets of the company with outside parties.
- Delivery requirements: The businesses decide who will deliver what and when.
- 11 min read
What Does a Limited Liability Mean?
Limited liability refers to liability that does not surpass the amount of money invested in a limited liability company or partnership. One of the main advantages of investing in a publicly listed company is the limited liability feature. A shareholder is capable of participating entirely in a company's growth with liability limited to the amount he or she has invested in the company. This is true even if the company goes bankrupt and possesses debt obligations.
If an individual or company is functioning under limited liability, this means that it is not possible to seize the assets of the associated individuals to deal with the debt obligations of a company. Any funds invested with the company directly are viewed as company assets. In the event of insolvency, only these assets can be seized.