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Congress Just Passed a Bill That Could Change How Startups Raise Money. Here's What's In It.
The INVEST Act could reshape startup fundraising by expanding who can invest, easing restrictions around demo-day pitching, reducing crowdfunding costs, and simplifying parts of the IPO process. The bill has passed the House but still needs Senate approval before any of these changes take effect.
The Market for Lemons, and Why Hiring a Lawyer Has the Same Flaw
Hiring a lawyer suffers from the same information problem George Akerlof identified in the used-car market: clients cannot reliably judge quality before they commit. Verified information and better matching can help the right legal specialist stand out from the loudest or most expensive option.
What a Seed-Stage Startup Actually Needs a Lawyer For in Year One
Most first-year startup legal costs come from fixing early documentation mistakes, not resolving lawsuits. Properly assigning IP, documenting equity, and establishing a co-founder agreement can prevent expensive delays during future fundraising and investor diligence.
The SBA No Longer Lends to Businesses With Non-Citizen Owners. Here's What That Means for You.
SBA-backed financing now requires businesses to be fully owned by U.S. citizens or U.S. nationals. Even a small ownership stake held by a green card holder or foreign national can make the business ineligible.
Lease Negotiation: The Clauses Small Business Owners Skip Reading
Small business owners often focus too much on rent when signing commercial leases, while the most dangerous terms are buried in clauses around assignment, maintenance/NNN costs, personal guarantees, and exclusivity.
The True Cost of Avoiding a Lawyer as a Small Business
Many small businesses avoid legal help not because they do not need it, but because the process feels expensive, confusing, and uncertain.
The Lawyer Who Takes Your First Call May Not Be the Lawyer Who Works Your Case
At many larger law firms, the partner who sells you on the firm is often not the person doing most of the work. Instead, junior associates handle much of the drafting, research, and execution under partner supervision because that leverage model is central to law firm profitability.
The Supreme Court Just Settled the AI Copyright Question. Here Is What Every Founder Needs to Know.
AI can be a powerful tool, but founders need to prove human creative involvement if they want to claim ownership over AI-assisted work.
Your Law Firm Says It Is Using AI. The Data Says Otherwise.
There is an enormous gap between AI usage and real AI-driven performance. Startups and small businesses in particular must be weary of whether a law firm is truly using AI well or quietly falling behind.
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