The phrase “Corporate Transparency Act” is quite possibly unfamiliar to you at this time (October 2023), but if you run a business entity in the U.S., you will certainly be hearing about it in the coming months. The regulations are
Latest from Andrew Abramowitz, PLLC
Remote Work – Post-Pandemic Update of an Old Post
Below is a post I wrote about remote work in the “before days” of 2014. (I called it “Virtual Law Offices,” which was a more common term then than “remote work.”) It’s interesting to read it now with the hindsight
Tips on Limiting Liability for Passive Investors in Private Companies
A client in the music industry called recently, saying he’d been asked to make an investment for a 10% passive stake in a new restaurant. The client said he didn’t want to become a member (equity owner) of the LLC
Will I Be Replaced by ChatGPT?
After reading about it for months, I finally signed up for the free version of Open AI’s ChatGPT and decided to ask it the following basic question that has come up frequently in my law practice:
If I am forming
Ensuring that Clients Understand the Agreements They Are Signing
We all know that most users of web-based products (which is to say everybody) do not read the lengthy terms of service that they are asked to accept with a click before proceeding. These users make a probably reasonable calculation
The Real Cause of Large Legal Bills
I was recently representing a seller in a proposed acquisition. The purchase price was under $20 million – in the context of M&A, a relatively small deal. The purchaser was represented by one of the top 10 most profitable law
Deciphering Real Estate Jargon for Corporate Attorneys
A small but significant part of my firm’s practice involves doing corporate and securities work on real estate development deals. I’m not a real estate lawyer (or, a “dirt lawyer” as they sometimes call themselves, in a bit of rather
Business Divorces
Although the majority of the transactions I advise on can be described as additive – one company acquiring another one, a company selling newly-issued stock to a new investor – I do spend some time on subtractive (is that a
A Few Etiquette Tips for Corporate Attorneys in Dealing with Other Attorneys
This is an update of an earlier post.
Over my 25 years of practicing transactional law, I’ve often been mildly (or sometimes not so mildly) exasperated by common inconsiderate behaviors by opposing counsel on my deals. Of course, our primary
Lawyers: Would You Encourage Your Children to Become Lawyers?
My son is graduating college this spring, and he will then start work at a law firm in New York as a paralegal, to give him an opportunity to see law in action and decide whether he wants to apply