The Business Formation practice focuses on advising clients on the legal and structural considerations involved in launching a new business or venture. Attorneys in this area assist with entity selection and structuring, drafting formation documents, securing regulatory compliance, and setting up governance frameworks aligned with the client’s strategic, tax, and liability objectives.
Core services include:
- Entity Selection and Structuring
- Guidance on choosing the appropriate business entity—LLC, C-Corp, S-Corp, Partnership, Benefit Corporation, or Nonprofit—based on liability protection, tax treatment, investor expectations, and growth plans.
- Formation Documentation
- Preparation and filing of articles of incorporation or organization, operating agreements, partnership agreements, corporate bylaws, shareholder agreements, and initial board resolutions.
- Founders and Equity Arrangements
- Advising on equity allocation, vesting schedules, founder agreements, and early-stage capitalization, including SAFEs, convertible notes, or initial investment rounds.
- Tax and Regulatory Compliance
- Coordination with tax professionals to ensure compliance with local, state, and federal tax regulations; obtaining EINs, business licenses, and regulatory approvals as needed.
- Governance and Risk Mitigation
- Establishment of corporate governance structures and internal controls to limit liability, comply with fiduciary obligations, and prepare for future fundraising or exit.
- Ongoing Counsel and Transitions
- Continued legal support through early growth, partnership changes, recapitalizations, mergers, or dissolutions.