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internet business attorney

How To Choose The Internet Business Lawyer That’s Right For You

By Internet Lawyer, Website Lawyer

What is an internet business lawyer?

An internet business lawyer is an attorney whose legal practice is focused on the business side of internet law and related areas. Your typical business internet lawyer will be well versed in internet law, ecommerce, and regulatory law.

Things to consider when selecting an internet business lawyer.

First, you will want to make sure you actually need an internet attorney who focuses on the business side of internet law.

Internet attorneys typically fall into two camps, internet business lawyers and internet litigation lawyers. So, if your internet law issue is that you are being sued by or need to sue someone over an internet matter, then you need an internet litigator.

On the other hand, if you need have legal documents put together, have your website reviewed for any potential legal problems, or other transactional legal assistance, then you need an internet business transactional attorney.

Once you are sure you need an internet attorney whose focus is on internet business law you want to find an attorney who has been in the field for some time and has a good grasp on how it has evolved and developed over. Attorneys who have practiced internet business law for a significant amount of time will typically know how the law has developed and helping you with your internet law needs will be able to use their background knowledge to factor in how internet law has developed or is continuing to develop while completing whatever legal work you give them.

You will also want to make sure you are selecting an internet business lawyer you and your company can establish a working relationship with. Instead of bargain hunting for the cheapest rate on every legal matter that comes up for your business, you would be much better served by building a relationship with one internet attorney. That way, over time you will benefit from your legal counsel getting to know you, your company, and the ability of your attorney to then factor in that knowledge when working to address your ecommerce legal needs.

Need an internet business lawyer?

Internet business lawyer Mike Young has been working in the field of internet business and transactional law and providing guidance to businesses on internet law matters since the mid-nineties. For help with your internet law and business protection needs, set up a telephone appointment with Attorney Young today.

How To Make An Intelligent Choice When Hiring An Internet Business Lawyer

By Internet Lawyer, Website Lawyer

Is It Time To Take Your Business To The Next Level With An Internet Business Lawyer?

Are you ready to make a serious step in the right direction for your online business or company website by investing in an Internet business lawyer?

If you choose wisely, an Internet business attorney can be an essential asset to your team. Having a lawyer with experience in this area of law will no doubt push the success of your business to the next level. Here’s how to ensure that you are making an intelligent choice when you’re hiring an Internet business attorney.

What You Should Look For When Hiring An Internet Business Lawyer

Depending on what your specific business needs are, you should make sure to tailor your search for an Internet business attorney who will meet those needs. Is your business a limited liability company (LLC) with other members? Does your online business outsource work to a bookkeeper or participate in ghost writing and therefore need a confidentiality agreement to protect your trade secrets and intellectual property?

Asking yourself these fundamental questions will have you well on your way to making the right decision. No matter how convoluted or intricate your online business issues may seem, the right Internet business attorney can help to alleviate those concerns, leaving you to focus on the actual operation of your company. On the other hand, an experienced Internet business lawyer has most likely seen a wide array of Internet and Business law issues and could end up being your right guy for the job.

What The Right Internet Business Lawyer Can Do For You

Once you have made the right choice in hiring an Internet business attorney you can be rest assured that you will have the best legal protection for your online business. For instance, there may be aspects of your website that call for a certain type of legal document or agreement that your Internet business attorney can quickly spot and take care of for you. A good Internet business lawyer will not only keep your website free from lawsuit-happy consumers but will also give sound advice for your business in general.

Treat your online business with the best care possible and put your website woes to rest once and for all by making the right choice in an Internet business lawyer.

LLC Operating Agreement: Why Limited Liability Company Members Should Use One

By Business Contracts, Business Lawyer

llc operating agreementThe Difference Between An LLC Operating Agreement and Corporate Bylaws

One of the essential business contracts for a limited liability company, an LLC operating agreement (also known as an LLC Operation Agreement or LLC Membership Agreement) is similar to the bylaws for running a corporation.

However, a good operating agreement makes it easier to run your limited liability company without a lot of the paperwork formalities required for a corporation.

Many entrepreneurs use a LLC rather than a Subchapter S corporation as the entity of choice for their companies. If you’re one of them, the LLC’s Operating Agreement is your roadmap to getting things done easily but in a legal manner.

Related Article: How To Set Up A Texas Business In Just A Few Steps

The Importance Of Following The Agreement’s Terms

Why is it important to follow the terms of your LLC Membership Agreement?

Because it’s one of the key formalities you must observe to preserve the entity shield from personal liability in many matters faced by entrepreneurs in a sue-happy society.

7 Key Issues To Cover In Your LLC’s Operation Agreement

Here are some of the issues an experienced business lawyer should address when drafting your limited liability company’s operation agreement?

1. Will one member or all members manage your LLC?

2. What are the capital contributions made by each member?

3. Who makes decisions on behalf of the LLC and how are they made?

4. How do you add new members to your limited liability company?

5. What happens if one of your members decides to sell, retire, dies, or files for bankruptcy?

6. Will you use alternative dispute resolution to handle member spats? If so, what type, what law applies, and where will it occur?

7. When and how will your limited liability company terminate its existence and wind up its affairs?

What If Your State Doesn’t Require An Operating Agreement?

Some states don’t mandate that members have LLC operating agreements.

Yet, as a practical matter, as your business attorney can explain to you in detail, it’s difficult to run a limited liability company without such an agreement in place. For example, your bank will probably insist on seeing the agreement as a condition for setting up your company’s checking and savings accounts.

Why Use A Barter Agreement In Your Business?

By Business Contracts, Business Lawyer

barter agreement for barteringA written barter agreement can help you get what you need to grow your business online and offline while at the same time protecting you from legal risks associated with doing deals.

Why Is It So Important To Have Your Barter Agreement In Writing?

As the saying goes, the palest ink is better than the sharpest memory.

Putting your barter deals in written contracts keeps you and the other party on the same page rather than creating confusion about who does what, when, and how.

Related Article: Business Contracts – Why You Should Avoid Email Deals

Technology Creates More Opportunities For Business Bartering

Bartering isn’t just something are ancestors did. Believe it or not, technology has made it that much easier to do barter deals than our great-grandparents could every have dreamed.

Why?

Instead of being confined to a local market, you now have the ability to trade goods and services with others globally.

Whether your business needs a new smart phone or Web design work, there’s someone in the world who is ready, willing, and able to make a barter deal with you.

5 Key Barter Contract Issues

Here are some of the issues you should consider when having your Internet business attorney create the barter contract you’ll use…

1. Will you barter in your individual capacity or on behalf of your business entity?

Related Article – Business Contract Signatures – 4 Mistakes To Avoid

2. Are you trading goods, services, or a combination of the two?

3. How will you use your barter agreement to reduce your legal risks if things go wrong?

4. What laws apply and how will dispute resolution occur if the other barterer becomes upset?

Related Article: Breach Of Contract – 5 Steps To Preventing A Costly Lawsuit

5. Will you do partial barter deals that involve cash, and if so, how will monetary payment occur as part of the trade?

How To Avoid Barter Contract Legal Dangers

Don’t steal someone else’s contract to use for your business.

Most of the barter contracts you find online were not created by a business lawyer but instead were pieced together by nonlawyers who didn’t know what they were doing.

In addition, using someone else’s barter contract without permission could expose you to liability for copyright infringement.

The best course of action is to invest in a customized barter agreement that reflects your online business needs. Check out our law firm’s Business Contract Legal Protection Package.

However, if you don’t have the budget to pay a qualified business attorney to prepare your contract, one affordable alternative is to use the professional grade barter agreement template available at LegalFormsMart.com.

What To Include In Your Website Sales Agreement

By Internet Lawyer, Website Lawyer, Website Legal Documents

website sales agreement

Your website sales agreement is a roadmap to the orderly transition of ownership of your site to the purchaser.

Done correctly, the contract details who does what and when so that there is mutual understanding about the process.

Why is a good written website sales agreement important?

Because the contract prevents misunderstandings that can kill the deal and even lead to lawsuits between buyer and seller.

Note that a website sales agreement is more than a domain flipping contract (we prepare both types of website legal documents). The latter can be quickly done with minimal paperwork while the former often requires multiple transactions to nearly simultaneously occur so that each party gets what they want from the deal.

When you decide to part with your site, your Internet business lawyer can draft a website sales agreement that fits your needs, including reducing your legal risks, while at the same time delivering ownership to the buyer and ensuring you receive the purchase price.

Here are a few key issues that your website sales contract may cover…

1. Will you be selling a business entity that owns the website (an equity sale) or selling the website assets instead?

2. How will you get paid?

3. Who owns the intellectual property associated with the website, including the content (text, pics, audio, video, etc.), software, etc.?

Related Article: Do Your Website Legal Documents Give You Ownership Of Submitted Content?

4. Will you as the seller agree to advise the purchaser as a consultant? If so, for how many months/years, and how will you be paid for your consulting work?

5. Will you mediate or arbitrate any disputes between you and the buyer?

6. If the purchaser decides to sell the website, will you have first option to buy the site back? If so, for how much?

7. If the buyer fails to pay the purchase price in full, how will your legal rights be protected?

These are fact-specific issues you will likely need to discuss with the Internet business attorney who is drafting your website sales agreement.

In fact, it’s a good idea to get some of these questions answered before you put your website on the market so that you have more realistic expectations of what will happen when you find a qualified buyer who is ready, willing, and able to purchase your site.

Related Article: 7 Keys To Picking The Right Internet Lawyer For Your Business

If you’re interested in having Internet Lawyer Mike Young prepare your website sales agreement, your first step is to set up a telephone consultation with him.