The World Economic Forum (WEF) states that non-fungible token (NFT) adoption is transforming various industries – including financial services, consumer goods, and gaming. However, the WEF also notes that there are still many future challenges to consider.
In today's digital world, subscriptions have become a common part of our lives. From streaming services and fitness apps to meal kits and software tools, subscriptions offer us convenience at the click of a button. However, while signing up is usually simple, canceling these services has often pr...
According to CompTIA Community, one-third of all law firms are already using artificial intelligence in some way – including AI-generated material. Generative AI is proving particularly useful in marketing applications, and professionals in this field use AI-generated material for social media, websites, and various advertisements.
Hiring children as a tax reduction strategy
Selling or purchasing a business is a complex transactional task necessitating significant resources and time and requiring the consideration of various factors, including the transaction's structure, tax consequences, macro, and micro risks, the likelihood of success, the business's operational ...
In the world of copyright law, Taylor Swift's decision to re-record her earlier albums—famously branded as "Taylor's Version," is the legal equivalent of "checkmate" to her arch nemesis Scooter Braun. After Braun famously acquired her record label Big Machine Records and all of Taylor's prior mas...
Commercial real estate development can be incredibly profitable, but it often comes with many challenges.
The Copyright Claims Board was founded to provide individuals and small business owners with a means of resolving intellectual property disputes over copyrighted or copyrightable materials in a more efficient manner than the notoriously time-consuming and expensive process of a civil court case.
If you are a shareholder in a small company, you have certain rights – regardless of the percentage of company stock you hold. By the same token, if you are considering a major investment in a small company
Understand indemnification clauses in contracts, their purpose, types of harm covered, and how they protect against liabilities in legal agreements.
Companies and individuals preparing to conduct a commercial real estate transaction have a legal obligation, and substantial financial incentives, to conduct due diligence prior to finalizing the contract and closing the sale.
As the Biden administration proposes rescheduling marijuana from a Schedule I to a Schedule III controlled substance, small businesses may need to revisit their policies on cannabis use among employees. This change could prompt more employers to allow off-duty marijuana use, though companies in s...
Whether your business needs a new location or is ready to expand, you may find available properties that are listed as for sale by owner (FSBO). If you are in the business of flipping houses, your next prospect may be FSBO. Dealing with this type of sale often raises the question of hiring a real estate lawyer vs. real estate agent.
Per the United States Patent and Trademark Office (USPTO), the average time between a trademark’s filing date and a mark’s abandonment, the USPTO issuing a notice of allowance for the trademark, or a mark achieving registration is just over 14 months, based on data for the last three years.
Most businesses require a physical location. While purchasing your own property is one option, for many new or small businesses, leasing property is the more affordable option.
When establishing a brand, avoiding a generic trademark is crucial to standing out in a competitive market.
Businesses exist to help meet needs. They provide not just services to customers, but also employment to workers and stimulation for the economy.
Entrepreneurs often rely on funding from outside sources in order to get their business started. While you may think of traditional methods such as equity rounds, selling shares of stock, or getting a startup loan from a bank, these can have significant drawbacks. From requirements to pay back th...
Excited to sit down (virtually) with Camille Terk, one of New Orlean's most savvy business advisors and owner of Terk Consulting, LLC, to discuss the basics of franchises. Camille Terk founded Terk Consulting, LLC in 2005 while she was still earning her MBA at the Freeman School of Business at T...
Business owners have often dreamed for years of having their own business, so when it becomes a reality, you are thrilled. The thrill and satisfaction of bringing such a dream to fruition can be dashed in an instant if someone is hurt on your property. The dream itself can be destroyed if that in...
Entrepreneurs seeking to solidify brand identity and secure their position in a competitive marketplace often wish to take proactive measures to secure the maximum protections for their trademark intellectual property (IP) rights. In some circumstances, they may even wish to initiate the process ...
In this episode of Pop Your Biz, Amanda Butler Schley continues her exploration of Lizzo’s employment law legal battle with former members of her dance team.
Federal trademark registration through the United States Patent and Trademark Office (USPTO) can confer a number of intellectual property (IP) protections that may help to discourage trademark infringement and make it easier to pursue legal remedy if infringement does occur. Business owners who a...
A term sheet is a non-binding document outlining essential terms for a prospective contract. Commonly used in venture capital and similar business financing, term sheets help to establish clear expectations and ensure that all parties to a contract under consideration share an understanding of timelines, payment amounts, and the duties and responsibilities each party will assume once the contract has been signed.
In this episode of "Pop Your Biz," Amanda Butler Schley speaks with Megan Kelley, an Associate at Business Law Group about Lizzo’s defense strategy in her current legal battle with former members of her dance team. Megan brings a wealth of knowledge in legal strategies and defense mechanisms, contributing significantly to the discussion on high-profile legal defenses in the entertainment industry.