FOR IMMEDIATE RELEASE Contact: Richard Bobholz Law Plus Plus richard@lawplusplus.com 919-912-9640 Law++ Dedicated to Community Service Over 400 Hours Community Service in 2015 (DURHAM, N.C.) Feb. 23, 2016 – Law Plus Plus, a small business and litigation law firm based in Durham, N.C., is pleased to announce that they contributed 432 recorded community service hours during 2015, […]
What Happens Without a Registered Agent
If you’ve formed a company in North Carolina, you’ve seen the required field “Registered Agent” on the form, but what does this person do, and why do you need one? Registered Agent The Registered Agent is required under the North Carolina Corporations Act, North Carolina Limited Liability Company Act, and North Carolina Nonprofits Act […]
Categories for 501c3 Recognition
We all know that a 501(c)(3) nonprofit is a charitable nonprofit, but what are the specific categories that qualify? If you didn’t know this, don’t worry, we have a great blog about the differences between nonprofits and charities, and one on whether you need a 501c3 charity or not. Which of these would you think […]
Click-Wrap Agreements – Saving Paper and the Environment
As we move forward in our ever-digital world, businesses are affected more than ever by the ability to communicate more quickly and efficiently. One serious implication for business and technology is the click-wrap agreement. It’s a weird name, but it’s an agreement that you can sign with the click of a button, whether on your […]
Different Types of Investment Agreements
If you have a company that needs investment, you have a lot of options for the type of investment to create. Depending on the situation, you may also want to consider loans or other ways to finance your company beyond investments. This article will discuss the different types and define what they mean. Later articles […]
Types of Revenue and Tax Treatment for Software
So, you’ve got an idea for a piece of software that will change the world? How do you best monetize your product so that you can get the well-deserved reward for your efforts? Fortunately, we’re here to layout a few options and explain what their tax treatment looks like. There will be a lot of […]
Trademarks – Part 1
Do you know what a trademark is? Some legal terms can be confusing, and the differences between trademarks, patents, and copyrights can be unclear. Trademarks, patents, and copyrights are all distinct concepts within intellectual property, and they all serve different purposes. Let’s talk more about trademarks. Trademark Defined A trademark or service mark is a […]
Law++ Receives National Pro Bono Award
FOR IMMEDIATE RELEASE Contact: Richard Bobholz Law Plus Plus richard@lawplusplus.com 919-912-9640 Law++ Receives National Pro Bono Award 2nd Place – Law Firms Under 20 Lawyers (DURHAM, N.C.) Dec. 14, 2015 – Law Plus Plus, a small business and litigation law firm based in Durham, N.C., is pleased to announce […]
ADA Explained Using Vampires
If vampires were real, their condition would probably be recognized under the Americans with Disabilities Act (ADA) because they cannot be exposed to sunlight and they cannot be seen in mirrors or on camera. ADA Rules Under the ADA, you are required to make “reasonable accommodations” for your employees that have disabilities, or become […]
End of Year Cleanup
Spring is a good season to clean your house or your office, but Winter is the season for cleaning up your inner workings of the business. Why? Because for most companies, December 31st marks the end of the fiscal year. This clean up process can help make sure you didn’t miss anything and gets you […]
What is a Stock Option?
What is a stock option? A stock option is a contract that gives a person the ability to purchase stock at a later date for a specified price. Typically these are used in investment or incentive scenarios as a way to allow the optionee to take advantage of any upside the company faces without having […]
Treatment of Startup Funds: LLC vs Corp
Sometimes a small concept can make a huge difference. Because of the difference between Limited Liability Companies (LLCs) and Corporations, the money you put in to start them is treated in very different ways. Overview of Corporations A corporation is a distinct legal entity from the owners. It was created to separate management from ownership […]