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How to Properly Form a Partnership

In this article, I define a partnership as “any company where there is more than one owner.” There are two important components to properly forming a partnership: Aligning with the right people Putting the right formalities around the partnership Seems simple, right? Word of warning: You could be in a “de facto partnership” simply by […]

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Bitcoin (BTC) is Already Dead, and It Doesn’t Know It Yet

The above image is a snapshot of an email I just received from BitPay, one of the better (in my opinion) merchant tools providers in the bitcoin space (used by NewEgg and other major retailers). Bitcoin’s success is bitcoin’s doom. As its popularity mushrooms, so does the transaction processing requirements to facilitate the network. Because […]

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Contract Tip: What is an Indemnity Clause?

They say a picture is worth a thousand words. If you’re a business leader, and you’ve hired a vendor to repair something outside your premises, requiring a contractor and a ladder … what does this picture speak to you? An Indemnity Clause represents language in a contract, to manage and apportion risk between contracting the […]

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Lawyers Accepting Crypto Currency

Way back in April 2013, this firm became one of the first law firms in the United States to accept Bitcoin (BTC) as a form of payment for legal services (Read the blog article). At the time, Bitcoin was trading for around USD$200/BTC, and the “big bitcoin miners” were performing calculations measured in the “giga-hash” […]

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Intellectual Property 101: Protecting Your Rights

Intellectual Property 101 Many small business owners are confused about intellectual property, or as the legal community calls it, IP. Unfortunately for many business leaders, they assume that IP is the same as copyright, or that IP only pertains to artists. This type of misunderstanding can lead to serious legal problems. Copyrights – Protect the […]

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Trademark Descriptiveness and Law Firm Trademarks in New Mexico

New Mexico law firms seem to have increasingly sought to protect their names or other trademarks recently.  Traditionally, firm names have been boring, consisting mainly of the last names of partners.  Lately firms have begun to realize that a good trademark can help drive business to their firm.  I thought it would be interesting to […]

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Contract Tip: What is a Merger Clause?

In General, it’s Not Enforceable Unless it’s in the Contract A merger clause, also known as an integration clause, is a common contract provision. The clause provides that the written contract is the final and complete agreement and any prior or contemporaneous agreements between the parties is superseded by the written contract. Simply put, the […]

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