Tag Archives: business attorney

When Do I Need a Business Attorney?

Hiring a business lawyer is often compared to going to the doctor; while many of us really, really don’t want to go to the doctor, it’s usually a good thing when we do, and it’s almost never as scary as we thought it would be. Why Do I Need a Business Attorney? If you’re debating whether or not to hire a business lawyer, consider the following points: A business lawyer can help you make smart legal decisions. Zoning issues, copyright problems and employment law mishaps are all very complicated and can have dramatic consequences. An attorney will help you to avoid potential lawsuits and other issues, while navigating you toward success. If you’re being sued by someone, you’re already way behind. I wouldn’t say it’s too late to hire a lawyer, but once you’ve been served a summons, the ball is rolling. An attorney may have been able to put…
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Everything You Need to Know Before Selling Your Business

If you are thinking about selling your business, there are a few things you should know. We’ve summarized the important stuff here so that you can make a more educated decision about what it would take to sell your business, and whether or not you still want to sell. Things to Remember When Selling a Business Determine Price – It’s important to be realistic when determining the price of your business. If you set the price too high, you’re likely to scare away buyers. Many people set a high price thinking that they will still make more money after negotiations, but it’s actually not the case. More often, setting the price at a more accurate valuation typically means less negotiation and more money for you. Taxes – Depending on how your business is set up (sole proprietorship, general partnership, LLC, etc.), and how you plan to sell it, taxes could…
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Did New Jersey Use Pensions to Support Failing Hedge Funds?

Business Attorneys Examine the Allegations Government employees must avoid conflicts of interest when managing public dollars. New Jersey has very clear rules about how elected officials can invest pension funds, and as a recent complaint alleges, the state government may have violated its own rules by supporting politically charged Wall Street entities. Did New Jersey Officials Violate Investment Policies? According to a complaint from the AFL-CIO, the biggest labor union in New Jersey, the state government violated the law by using pension funds to invest in hedge funds and other “alternative” Wall Street firms. These investments have fallen short of projected goals, and most of the parties that received these funds also charged high fees (up to $400 million). An analysis shows that state funds missed out on billions in lost funds, and that many of the underperforming hedge funds and other “alternative investments” had donated money to prominent organizations…
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