Resource Center
Stay in the know with the latest news and expert insights from StartSmart Counsel. Our dedicated team of advisors regularly shares valuable updates, industry trends, and business wisdom to help you navigate the entrepreneurial journey. Explore our curated collection of news articles and blog posts to gain valuable insights and stay ahead in your startup endeavors.
How to Avoid IP Disputes with Contractors
Startups and emerging companies often rely heavily on independent contractors for critical tasks such as software development, design, marketing, and content creation. However, without proper legal safeguards, these arrangements can lead to costly intellectual property (IP) disputes. Contractors may retain ownership rights, refuse to assign deliverables, or reuse proprietary work across other engagements. To prevent these issues, businesses must proactively structure contractor relationships with clear legal protections.
What to Know About Co-GP Relationships Legally
Co-General Partner (Co-GP) relationships are becoming increasingly common in private equity, venture capital, and real estate funds. These collaborative arrangements enable multiple general partners (GPs) to pool expertise, capital, and operational capabilities to manage a single fund or deal. While Co-GP structures can enhance efficiency and access to deal flow, they also present unique legal complexities that must be addressed to protect all parties involved and ensure regulatory compliance.
This article outlines the key legal considerations and best practices for structuring and managing Co-GP relationships.
Filing a Trademark: Timeline and Legal Process
Trademarks are foundational assets for startups and growing businesses, protecting brand identity and distinguishing products or services in the marketplace. Filing a trademark with the United States Patent and Trademark Office (USPTO) can seem daunting, but understanding the timeline and legal steps involved can streamline the process and reduce the risk of rejection.
This article outlines the end-to-end legal process of filing a federal trademark and what businesses should expect at each stage.
Drafting Vendor Agreements That Minimize Risk
Vendor relationships are essential to the operations of startups and emerging companies, yet poorly drafted vendor agreements can expose businesses to significant legal and financial liabilities. Whether engaging a software development firm, marketing consultant, or logistics provider, it is critical to ensure that your vendor contracts clearly define expectations, allocate risk, and offer enforceable protections.
This article outlines key components and legal strategies for drafting vendor agreements that safeguard your business and support long-term success.
What Happens If You Get Sued? A Startup Legal Survival Guide
Litigation is one of the most disruptive events a startup can face. Whether the lawsuit stems from a contract dispute, an employment claim, or alleged IP infringement, legal action can drain financial resources, distract leadership, and pose serious reputational risks. Understanding how to respond—and how to prepare—is essential for mitigating damage and preserving operational continuity.
This guide outlines the legal implications, strategic steps, and best practices that founders and executives should follow when facing a lawsuit.
How to Use Board Consent Resolutions When Raising Capital
Board consent resolutions are critical legal instruments in the fundraising process for startups and investment funds. These resolutions authorize corporate actions without convening a formal board meeting, making them efficient tools for approving key decisions—especially when timing is essential. Whether issuing new equity, amending a certificate of incorporation, or entering into financing agreements, board consent resolutions are often required to validate the company’s authority to proceed.
This article provides a comprehensive overview of how and when to use board consent resolutions during a capital raise, and the legal elements founders and general partners must understand to remain compliant.
Essential Legal Policies for Remote Teams
The shift to remote work has transformed how startups and growing businesses operate. While remote teams offer flexibility, scalability, and access to global talent, they also raise significant legal and compliance challenges. To ensure operational continuity and legal protection, companies must implement formal policies that address the unique risks associated with remote work. This article outlines the essential legal policies every business should establish when managing a distributed workforce.
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