Daliah Saper speaks at Tech Cocktail Startup Mixology Conference
On Thursday, October 28, 2010, Daliah Saper, Principal Attorney at Saper Law Offices, LLC, addressed legal issues facing tech startups as part of the Heavyweight Professionals guest panel at the Tech Cocktail Startup Mixology Conference. The topics discussed included business entity formation, intellectual property protection, and prudent contract drafting. Watch the video below or scroll down to read some key takeaways:
1.Registering your business as an LLC gives you liability protection that a sole proprietorship does not. However, merely filing the Articles of Organization for an LLC does not grant you liability protection. You must also draft and maintain an operating agreement and proper business records.
2.A copyright registration protects creative expression.Copyright owners have the exclusive right to make copies of the work, distribute copies of the work to the public, prepare derivative works, perform the work publicly, and display the work publicly.Importantly, when hiring someone to do work for you, have that contractor sign a work-for-hire agreement.When properly drafted, this will ensure that you own the work products the individual or business creates for you.
3.Global Entrepreneurship Week is coming up and startup competitions such as Lean Startup Machine Chicago and Chicago Startup Weekend are just around the corner!What does this mean for you?Keep in mind, a partnership is defined as two individuals who come together for the purposes of making money. Unless agreed otherwise, money is split evenly between the partners. If you choose to continue working on your startup idea with your team, draft a partnership agreement where you spell out: 1) the shares of profits (or losses) each partner will gain or absorb; 2) each partner’s specific responsibilities; and 3) what happens to the business and its assets should a partner decide to leave.
4.Register your own domain. If a web development company is creating your website, make sure your domain is registered in the name of your startup and not in the name of the web developer.Should the relationship with the web developer sour you will not be held hostage.
5.Read everything you sign!However, if you don’t want to read a twenty page end user agreement right now, at least copy and paste the agreement into a word document to read it later. Don’t just click “I agree” and keep going.
6.An ounce of prevention is worth a pound of cure!Act like a prudent business from the beginning.Keep careful records, follow legal protocol, and protect yourself.Preempt liability for yourself and your business by utilizing appropriately drafted agreements, business entities, and legal advice to avoid pitfalls and protect your assets.
For those of you who couldn’t attend Tech Cocktail‘s fantastic Startup Mixology Conference, all of the talks, including the Legal & Accounting Paperwork discussion, were recorded and are available to view on their UStream channel!
Saper Law Immersion Program 2022 will be held August 1-5! This year's program will be held at Saper Law Offices.
Currently in its 9th year, Saper Law Immersion Program
Saper Law Immersion Program 2022will be held August 1-5! This year’s program will be held at Saper Law Offices.
Currently in its 9th year, Saper Law Immersion Program offers high school and college students the opportunity to explore legal career paths in one exciting week. The course takes place at Saper Law Offices and is taught by Daliah Saper and other Saper Law attorneys. For the 2022 program, the curriculum consists of negotiation and writing exercises, field trips, and mock legal proceedings. Since Saper Law practices heavily in the areas of social media and digital technology, a key component of the exercises will involve entertainment, business, and internet-related legal case studies.
Both high school and college students are encouraged to apply via the Saper Immersion website. Applications for the 2021 session are due July 15. Applications are reviewed on a rolling basis, so students are encouraged to apply early. The deadline for application withdrawal is July 15.
Since 2005, Saper Law has represented a wide variety of clients from around the world. Our attorneys have made headlines for tackling
Since 2005, Saper Law has represented a wide variety of clients from around the world. Our attorneys have made headlines for tackling novel internet and social media cases, and we are consistently ranked as a top law firm for intellectual property, entertainment, new media, and business law. Join us for a toast to celebrate our 17th anniversary! Tuesday evening August 2nd from 5:30pm to 8:30pm at I|O Godfrey Roofscape.
Tickets are $10 and all proceeds will benefit the Highland Park, IL Parade Shooting Victims Fund.
Should You Buy a Bored Ape?
The Rise and Fall of NFTs From a Legal Perspective Since 2020, Non-Fungible Tokens (NFTs)
Should You Buy a Bored Ape? The Rise and Fall of NFTs From a Legal Perspective
Since 2020, Non-Fungible Tokens (NFTs) have increasingly grown in popularity. Individuals, small and big businesses, and celebrities have all jumped on the NFT bandwagon – creating, selling, and investing in NFTs. But what exactly are they and why should you or your business care? What are the legal considerations, benefits, and pitfalls of creating or investing in an NFT? We will be discussing these questions with special guest speaker Phil Gomes.