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Update: Washington Non-Compete Earnings Thresholds For 2021
Read about the non-compete statutory earnings threshold updates for 2021 recently issued by L&I.
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- Alerts
- Employment
California Passes Proposition 22—Major Victory for Lyft, Uber and DoorDash
On November 3, California voters approved Proposition 22 to allow certain technology companies to classify their app-based drivers as independent contractors
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- Contracts
The Purpose Of Insurance Clauses In Service Agreements
As it turns out, insurance clauses in services agreement are essential if there is any meaningful risk associated with the services being rendered.
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- Startups
- Employment
Startup Equity Is Not A Substitute For Minimum Wages
Minimum wage means minimum wage, even for startup founders and initial hires. Startups can’t use equity grants to get around this, though there are strategies (albeit imperfect) to mitigate risk here.
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- Intellectual Property
Dealing With A Geographic Descriptiveness Office Action To Your Trademark Application
Trademark law does not permit trademarks that are primarily geographically descriptive of the underlying goods or services to be registered on the principal register.
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- Employment
California’s AB 2257 Exempts Additional Occupations from Employee Classification Under AB 5
AB 2257 makes it easier for certain additional categories of service providers to be classified as independent contractors by exempting them from the “ABC test” implemented by AB 5, if they can meet certain conditions.
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- Startups
- Corporate Governance
The Accidental Partnership: A Cautionary Tale For Startup Founders
The title of this post may sound like a straight-to-streaming rom-com about two strangers who wake up after a night out in Vegas only to remember they got married in a drive-thru ceremony the night before. Yet, somehow, it’s worse than that.
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- Corporate Governance
Strategic Use Of Early Business Losses
Embrace strategic planning to turn initial business losses into valuable assets. Learn how to offset other income with these losses through effective tax structuring. Dive into the world of LLCs and S corporations to optimize your entrepreneurial journey even during challenging times.
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- Employment
- Alerts
Seattle Approves New Payroll Tax
On July 6, 2020, the Seattle City Council passed Council Bill 119810. The new law imposes a payroll tax on large employers doing business in Seattle, including nonprofit organizations.
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- Startups
- Fundraising
- Investment Funds
SEC Expands Definition of “Accredited Investor”
On August 26th, 2020, the U.S. Securities and Exchange Commission (“SEC”) amended its definition of “accredited investor” to include additional categories of individuals and entities that would qualify to invest in certain private offerings exempted from registration under the Securities Act of 1933
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- Startups
- Fundraising
Startup Fundraising And The Pitfalls Of Paying Finders Fees
While using “finders fees” to help raise investment for startups seems innocent enough, it’s actually a securities regulatory minefield that should either be avoided altogether or navigated with extreme caution.
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Post Categories
- Startups
- Fundraising
Rise of the SPACs: An Alternative Way to Going Public
It’s 2020 and the once-eschewed special purpose acquisition companies (SPACs) are back in style. Private companies, unsure about their prospects in a traditional IPO with the current COVID environment, are increasingly relying on SPACs as a cheaper, faster way to go public.
