Startup founders strive to attract and retain talented employees. It’s easy for small businesses and small law firms to burn through funding by only offering monetary compensation. That’s why it may be a good idea to consider equity grants. This way, you not only preserve your cash and extend your runway, but you can also ensure the incentives are aligned and the whole team is collectively working for an “upside”, which is extremely motivating and effective. …

Have you noticed that Intellectual Property (IP) takes up a much larger portion of a company’s value today than 50 years ago? Your IP (your inventions, source code, brands, and know-how) has become your most valuable assets.

To start your business, you must know how to protect your IP. This article will help you understand the basics of filing a patent, determining which creations are copyrightable, obtaining and maintaining your trademark.

Obtaining Your Patent

Owning a patent is exciting. It means you have the right to exclude others from making, using, selling, or importing an invention for a long period of time. There…

Startup businesses often ask: Which entity should I choose? Indeed, choice of entity is a fundamental principle in startup law and one of the most important decisions a founder will make. The difference between starting a company that may potentially go IPO and managing a bakery is huge. Well, the only answer to the question above is to choose a formation that meets your needs. Here, we want to discuss the pros and cons of some of the most common types of entities.

Sole Proprietorship

A sole proprietorship is the most convenient way for you to start a business by yourself. You…

We just hosted a Clubhouse chat about the use of Artificial Intelligence in the legal industry. We were asked: will AI one day replace all lawyers? I want to summarize the points we discussed and offer some insight here.

Where AI Excels

In our opinion, there are certain tasks at which AI can significantly outperform humans.

Big Data

AI has a tremendous capacity to gather a large amount of data and analyze them based on certain predefined criteria. This technology can tap into databases accurately and efficiently with very little room for error at a tremendous speed. AI does not forget, does not make human…

I have been following a lot of the thought leaders in the legal industry lately. People talk about lawyers needing to be personable, to have social skills, to be innovative, etc. Having been a lawyer (a very unhappy one) myself, and having worked with in-house and outside counsels all these years from the business side, what do people really want when it comes to business law?


Let’s never lose sight of the fundamentals. People seek advice from lawyers because they lack the knowledge themselves and need professional advice. That’s why they pay top dollar for legal services. If a lawyer…

The Question is not Whether, it’s How to Provide Legal Services Digitally.

The old way of thinking is over. No one, in this day and age, can claim safely that their law firm does not need digital marketing. With Covid-19 and everything changing from in-person to online, the question is no longer whether you need digital marketing, it’s how. Getting referrals is nice, but as a lot of the digital marketing gurus pointed out, consumers are buying legal services the same as they buy everything else, online. All law firms must do digital marketing, here and now.

The Best Lawyers Put Users First.

We have talked about this multiple times: we have to put users first, the clients…

In a virtual world where technology is rapidly evolving and expanding, it is critical for lawyers to not only recognize the growing trend of legal digital marketing but also actively engage in it. It is time to abandon the old, traditional marketing tactics of seeking clients and jump ship to join the ever-growing online marketing trend to remain competitive in the market and grow your practice. Let’s take a look at some helpful tips on how to get started:

Construct a Well-Designed Website

Your website is the first stop that a potential client makes when they seek help from you. It needs to be…

As the chaotic, and somewhat scandalous 2020 came to an end, we wanted to pause and meditate on what we have accomplished, and what we aspire to do in 2021.

1. Gratitude

First, we want to thank the setbacks. Where did we come from? How did we come up with Sleegal AI? We get asked a lot by investors, potential customers, and candidates that want to work for our team. We really started thinking about Sleegal AI after a series of somewhat funny sequences of events. Granted, some of us have been in the legal world and have lived through the pain…

1. Not choosing the right legal entity.

Sole proprietorship? Usually not the best recommended entity if you want to shield your personal property. LLC? Quick, easy and tax pass through, but has its limitations. S corp can be a great choice if you have a limited number of shareholders and they are not foreigners. C corp is the “golden” form if you want to raise capital and plan to grow a great deal, but be ready to pay for the tax bills. Think it through and better even, consult with a company formation lawyer.

2. Not seeking the right copyright and trademark.

The worst you can do is to create a brand, spend money on…

We have been asked frequently how to distinguish an independent contractor from a company employee. From the company’s perspective, it matters because the company does not need to provide benefits such as insurance and 401k plans for independent contractors, nor does the company need to pay for taxes such as social security and unemployment taxes. Further more, the independent contractors are much less regulated than regular employees, where the companies need to abide by multiple layers of rules and regulations regarding hiring and firing, vacation policy, etc.

So what are the factors to distinguish employees from independent contractors? What makes…

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