Areas of Practice
First Venture Legal welcomes entrepreneurs looking for legal help in the following practice areas:
Business Organization and Formation
Are you thinking about formally organizing your business but aren’t sure what your options are, what the best form for your business is, or how to go about the process? First Venture Legal will sit down with you to explain what your options are, how the pros and cons of each option will affect your business, and work with you to complete the process of forming your business.
If you’re interested in forming a:
- corporation, including C corporations, S corporations, and professional corporations;
- partnership, including limited partnerships and limited liability partnerships;
- joint venture
- limited liability company or professional limited liability company,
contact First Venture Legal to discuss your options and start forming an entity for your business.
Contingent on the complexity of the entity you want to create, the entity formation process, including drafting organizational documents and filing paperwork, can take anywhere from a matter of a few days to two to three weeks, with our flat fees ranging from $500 to $2500 (our fees do not include any applicable regulatory filing fees).
If you’re looking to raise capital for your venture, First Venture Legal is here to work with you through this time-consuming and sometimes complex process, whether you’re looking to raise funds through more traditional methods such as seed funding from family and friends, convertible debt deals with angel investors, or equity deals with venture capital firms, or you’re thinking about a newer method of financing, such as crowdfunding on sites such as Kickstarter or IndieGoGo, or you want to know more about equity crowdfunding soon-to-be authorized by the JOBS Act and pertinent Securities and Exchange Commission regulations.
First Venture Legal can simply advise you on the legal issues and risks you may face, or help you prepare any regulatory documents or agreements you may need to complete your financing, or represent you in negotiations for more complex deals.
Depending on the dollar amount of the financing, the complexity of the deal terms, and the amount of due diligence that is to be done, a financing deal can take anywhere from a couple of weeks to a couple of months to fully complete. Flat fees for financing matters begin at $3000 for convertible note-style deals, and can be made partially contingent on successful financing.
Third-Party Agreements and Contracts
If your business is looking to draft agreements with suppliers, vendors, customers, or even if you need employee agreements and manuals, or licensing or cooperation agreements with other companies, First Venture Legal wants to help you draft or review an agreement, ensure you understand the terms, and negotiate the best deal for you and your business.
If you’re looking to draft an agreement, First Venture Legal can turn around simple agreements within 72 hours, with flat fees starting at $300. Popular documents such as terms of service/privacy policies can be completed in as little as a week for a flat fee of $750
In business it is sometimes necessary to initiate civil litigation against another party, or another party brings a cause of action against you and your business. In the unfortunate event that you and your business are faced with the prospect of litigation, First Venture Legal will work with you, whether you are the plaintiff or defendant, on your case through the settlement negotiation phase, through the pre-trial process, and through trial if necessary.
First Venture Legal welcomes business entrepreneurs that are involved in a variety of civil litigation, including but not limited to:
- Breach of contract
- Commercial litigation
- Unfair and deceptive business acts and practices
- Real estate and landlord/tenant
- Personal injury
First Venture Legal also welcomes cases that are subject to mediation or arbitration agreements.
Litigation and dispute resolution matters are normally billed hourly at $150/hour, in 1/6th increments; however, in certain circumstances, contingency fee agreements may be possible.
If you’re an entrepreneur with a legal issue not covered above, contact First Venture Legal. We look forward to helping you with all of your legal needs!