News & Insights

What is a SAFE?

A provision of a SAFE that says raising capital on a paper and glasses.

Raising capital is among the top priorities of startup companies. As a result, startups receive money from investors in various ways. One of those ways is through a Simple Agreement for Future Equity (SAFE). A Silicon Valley accelerator, Y combinator, created this document in 2013 to allow startups to structure seed capital without interest or maturity dates. Specifically, a SAFE is a legally binding contract that permits an investor to buy shares in a company for an agreed-upon price at some time in the future.

As you consider your options to seed your startup, you should understand the benefits and disadvantages of SAFEs and how they differ from convertible notes.

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Do I Have a Trade Secret?

trade secret

If you are a start-up founder or business owner, you may wonder whether the special practices or proprietary information that make your business unique qualify as trade secrets under state or federal law. In this blog, we’ll provide five questions to ask, to determine if you have a protectable trade secret.

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6 Tips for Hiring Independent Contractors

Female hiring manager interviewing a male independent contractor in an office.

Hiring independent contractors is a great way to fill in gaps in your business, especially when you need a short-term solution to fill in those gaps. A 1099 independent contractor, unlike a full-time W-2 employee, is typically contracted for specific tasks at specific times. In addition, they may work with other clients while working with you. Typically, you will have less control over how and when the contractor accomplishes a task–but can control the result.

Is hiring an independent contractor right for your business? Make sure you’re considering these key tips as you put together your contracts. 

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5 Things Your IT Contract Must Address

Person working on computer | IT contract services LAW OFFICE OF ELLIOTT J. BROWN

As you shape an IT contract, it must contain the right elements. If you’re a service provider writing a contract for a new client, make sure your business is protected. On the other hand, if you’re a small business seeking IT services, and you want to make sure you get what you’re paying for; it’s equally important you review the contract. Take a close look at how it has the potential to impact your business, both immediately and in the future.

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4 Advantages of Flat-fee Trademark Services

Trademark stamp | flat-fee trademark services LAW OFFICE OF ELLIOTT J. BROWN

Starting a new business is exciting, but it can also be daunting. You have a long to-do list and you don’t want to overlook any legal matters. As your ideas start to become a reality, you will want to protect certain aspects of your business, including your brand. This blog discusses some of the benefits of using flat-fee trademark services to protect your brand and business.

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How to Negotiate International Contracts

person in international negotiation | LAW OFFICE OF ELLIOTT J. BROWN

As you expand into a global market, creating contracts and working with knowledgeable business attorneys becomes increasingly critical to your business. When you negotiate international contracts, however, there may be more complexities than when you’re negotiating contracts within your home country. Here are some steps to consider when negotiating international contracts:

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