January 23rd and 24th, our team of business lawyers participated in Expo-Entrepreneurs 2019, a famous event for entrepreneurs and businessmen. There were more than 6000 participants, representing enterprises and companies of all kinds.
Our lawyers organized a legal clinic, helping both entrepreneurs and those aspiring to become with a variety of questions regarding their businesses. Many questions were asked about intellectual property, protection of ideas, trademarks, inventions, drawings, etc. We discussed what was the best way to choose: patents and designs, trademarks and copyright – how to do it, what and how to claim, and so on.
Evidently, the start-uppers were interested in legal forms most beneficial for their companies: should they go for incorporation? What conditions apply, what documents should be prepared, what contracts drafted, what clauses to be included? Should they think already of non-competition, non-solicitation and confidentiality, what should they consider while approaching their shareholder agreements? Employment, distribution, licensing and franchising contracts were discussed at length.
Me Madelin, the founder of Allen Madelin Lawyers Inc., was one of the lead speakers at the Expo-Entrepreneurs conference, presenting “Business creators… we all do mistakes! 5 legal advice to avoid them”. Those advice were drawn from her own experience as a lawyer, but especially from her daily practice with entrepreneurs. Particularly she insisted on the importance of identifying pre-existing obligations, especially intellectual property issues, which can have a huge impact on your new business. She explained in every detail why it’s important to come up prepared and put a strong legal structure in place before even starting, so that a newly established business is protected from the beginning. Me Madelin stressed the importance of making the corporate structure adapted to the needs and particularities of your company, but in a way that will allow your company to grow. Concluding, she insisted on how important it is to be surrounded with professionals from many fields, especially a good business lawyer with experience with entrepreneurship.
Are you a also an entrepreneur? You need legal help with your start-up? Contact us to know how we can help you!
