Mergers and acquisitions can be a great way to grow a business. The unifying of two companies, however, is legally and logistically complicated. There are complex agreements to put in place and hurdles in how best to structure the whole deal. In order to help ensure that you are integrating two...
You Should Be Having These Estate Planning Conversations
Death. Planning for death. What will happen after a death. These are not generally topics of conversation people gravitated towards. It can feel dark. It can bring up difficult feelings. It can also be critical to protecting a future you want for your loved ones and your legacy. In talking about and...
Bylaws for Start-Ups
As the founder of a business start-up, it can be so easy to get wrapped up in the excitement of kicking off your new business idea. The energy will be flowing and you will want to sprint forward as fast as possible. Before you launch yourself forward, make sure you have...
What’s an Adhesion Contract?
There are many legal tools employed by businesses intended to make the running of the business smoother while still providing the business with legal protections. An adhesion contract is one such tool. You have likely signed an adhesion contract even without knowing it was an adhesion contract you were signing. A contract...
How Often Should Corporate Shareholders Meet?
How often do shareholders need to meet? This is among one of the most commonly asked questions from new business owners. The truth is, it depends, but it is typical for a corporation to hold several required formal meetings annually. The shareholders meeting is where corporation shareholders gather to not only discuss...
Considerations in Drafting Incentive Compensation Plans
An incentive compensation plan can be a great motivator for your employees. In fact, with the right plan in place, you can effectively encourage those desirable behaviors in your employees and fairly awards them recognition for their contributions. In order to not only help ensure that your incentive compensation plan is effective,...
What to Include in Your LLC Operating Agreement
An LLC operating agreement establishes how a limited liability company will be owned, managed, and operated. While Pennsylvania law does not require every LLC to maintain a written operating agreement, having one can help clarify expectations, prevent disputes, and provide guidance when important business decisions arise.
For Pittsburgh...
What is Business Law?
What exactly is business law? This is a great question and the answer may actually bring some surprises to many. That is because the breadth and variety of issues handled in the business law realm are more expansive than most people may realize. Sure, we business law attorneys deal with business...
Common Types of Business Disputes
Those in the business world are usually no strangers to disputes popping up. Those entering the business world are likely to confront the same challenges. Regardless of your business type, the industry you are in, or the size of your business, it is all too likely that, at one point or another,...
How Do You Dissolve a Corporation?
When you establish a corporation, it will technically have an indefinite lifespan. A corporation will exist unless affirmative steps are taken to dissolve it. Instead of leaving your corporation in legal limbo, if you want to end it, then take the steps necessary to dissolve it. Here’s how this can be...