S1, Episode 4: Top Three Legal DO’s and DON’Ts for Entrepreneurs

Season One, Episode Four– Helpful legal insights and wisdom from a corporate attorney regarding the top three legal do’s and don’ts for entrepreneurs.

Episode Description: Professor Bernice Grant (Senior Director of the Entrepreneurial Law Program and Founding Director of the Entrepreneurial Law Clinic at Fordham University School of Law) interviews Arina Shulga, Partner and Co-founder of Ross & Shulga PLLC and Adjunct Professor of Law at Fordham University.  They discuss the importance of protecting your brand, complying with securities law, and honoring employment agreements as well as assigning intellectual property, incorporating your company, and properly classifying your workforce.

Episode Roadmap:

  • [:31] Bernice Grant introduces Arina Shulga, Co-founder of Ross & Shulga PLLC, lawyer and entrepreneur.
  • [3:49] Considerations for branding and naming your company.
  • [7:06] Appropriate times to consult a securities law attorney.
  • [9:05] Satisfying your legal obligations in your current employment agreement.
  • [13:20] Assigning  intellectual property rights to your company.
  • [15:02] Considerations for incorporating your company and hiring an attorney.
  • [20:18] Correct classification of employees and independent contractors.
  • [22:06] Nurturing an entrepreneurial spirit in a startup environment.
  • [23:24] Shulga’s book recommendations
  • [26:01] Advice for lawyers, law students and entrepreneurs who want to achieve Shulga’s level of success.
  • [28:00] How you can connect with Arina Shulga.

Tweetables:

“I’ve had it come up several times where… the legal name was available but the brand name wasn’t.” -Arina Shulga
“Most likely, you are conducting a securities offering without even realizing it.” -Arina Shulga
“There is never a right time to quit your job or start thinking about a new company. Just do it.” -Arina Shulga

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Disclaimer: The information contained in the Startup LAWnchpad Podcast and any materials associated therewith (the “Podcast”), is for educational and informational purposes only. The Podcast does not constitute legal advice or tax advice with respect to any particular circumstance. The Podcast is not a complete overview or analysis of the topics presented, and may contain information that varies in different jurisdictions and that is subject to revision, interpretation, or nullification after the date of recording. The transmission of information to you does not create a lawyer-client relationship between you and any host, guest, or their respective employer, including but not limited to Fordham University School of Law and Lincoln Square Legal Services, Inc. None of these parties shall be liable for any loss that may arise from any reliance on the Podcast. You should not rely upon the Podcast or treat it as a substitute for legal advice. You should consult a lawyer familiar with your particular circumstances and licensed in your jurisdiction for legal advice.

Startup LAWnchpad is a new podcast that helps bridge the gap between entrepreneurs and their legal needs.  This podcast is a series of virtual legal workshops that will educate entrepreneurs about legal issues they commonly face as they develop, launch and grow their business.