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New Corporate Entities for Florida

Brand New Corporate Entities for Florida: Benefit and Social Purpose Corporations As of July 1, 2014, Florida became a member of the growing minority of states that has designed a special type of for-profit company that can have a purpose other than maximizing profits for the shareholders – the traditional corporate goal. Instead, companies can choose to make less money or defer profit to devote a portion of their Read More

Miami Herald Names Jane Muir 20 Under 40

Each year, the Miami Herald names twenty people “20 Under 40.” They seek emerging leaders in any field, including technology, law, non-profit, business, medicine, education, entrepreneurship, tourism, real estate, or any other endeavor, whose innovative approaches, business acumen, or community focus mark them as leaders. Moreover, nominees must be known for their high ethical standards. This year, Jane Muir was Read More

Annual Patently Impossible Project 2014

Patently Impossible Project Every November, lawyers descend upon the Miami Science Museum for what is quite possibly the most delightful fundraiser of the year. The Patently Impossible Project, a benefit for Dade Legal Aid, features a unique challenge for the participants: teams are given a bag of parts and must race to assemble the invention with only the patent application to guide them. Before the Read More

Why Incorporate?

It is not absolutely necessary. It is possible to do business as a “sole proprietorship,” where you as a person just run the business. So what are some good reasons to incorporate your business? To limit your liability This is the number one reason why people incorporate. Running your own business as a sole proprietor leaves you with unlimited personal liability. That means, if your company loses a lawsuit and Read More

Do you really need a Contract?

Why do I need a contract? Common doubts and reasons to ignore them. “I have nothing to worry about, my partners/employees/customers would never do anything to hurt me.” Life is uncertain. Half of all marriages end in divorce. Doesn’t it stand to reason that business is also uncertain? You should not necessarily prepare for your colleagues and customers wanting to cause you harm. The likelihood is that you are a Read More