Comments for WALKER CORPORATE LAW GROUP, PLLC http://walkercorporatelaw.com Thu, 11 Mar 2010 19:24:38 +0000 http://wordpress.org/?v=2.9.2 hourly 1 Comment on It’s Time to Destroy the Billable Hour by Scott Edward Walker http://walkercorporatelaw.com/lawyers/its-time-to-destroy-the-billable-hour/comment-page-1/#comment-94 Scott Edward Walker Thu, 11 Mar 2010 19:24:38 +0000 http://walkercorporatelaw.com/?p=758#comment-94 Good input - thanks Mark Good input – thanks Mark

]]> Comment on It’s Time to Destroy the Billable Hour by Mark Stoneham http://walkercorporatelaw.com/lawyers/its-time-to-destroy-the-billable-hour/comment-page-1/#comment-93 Mark Stoneham Thu, 11 Mar 2010 13:23:06 +0000 http://walkercorporatelaw.com/?p=758#comment-93 Like most things, if you want a good result, one size doesn't fit all. For transactional work, you're re-running a known process to create a solution for the client. Known quantities = fixed fee, adjusted if necessary for + or - variations. But if you're creating new art, then it's hard to define what's involved or how long it's likely to take. Fortunately, most startup law falls into the former category.<br><br>What's good about this kind of discussion is that someone's actually thinking about what entrepreneurs need, rather than pushing on them the kind of law that has been traditionally practiced. Like most things, if you want a good result, one size doesn't fit all. For transactional work, you're re-running a known process to create a solution for the client. Known quantities = fixed fee, adjusted if necessary for + or – variations. But if you're creating new art, then it's hard to define what's involved or how long it's likely to take. Fortunately, most startup law falls into the former category.

What's good about this kind of discussion is that someone's actually thinking about what entrepreneurs need, rather than pushing on them the kind of law that has been traditionally practiced.

]]> Comment on It’s Time to Destroy the Billable Hour by Scott Edward Walker http://walkercorporatelaw.com/lawyers/its-time-to-destroy-the-billable-hour/comment-page-1/#comment-92 Scott Edward Walker Thu, 11 Mar 2010 02:33:18 +0000 http://walkercorporatelaw.com/?p=758#comment-92 LOL LOL

]]> Comment on It’s Time to Destroy the Billable Hour by Ken Kaufman http://walkercorporatelaw.com/lawyers/its-time-to-destroy-the-billable-hour/comment-page-1/#comment-91 Ken Kaufman Thu, 11 Mar 2010 02:29:15 +0000 http://walkercorporatelaw.com/?p=758#comment-91 Amen! Amen!

]]> Comment on About The Founder by Resources for Early-Stage Entrepreneurs: A Top 10 List http://walkercorporatelaw.com/about-the-founder/comment-page-1/#comment-84 Resources for Early-Stage Entrepreneurs: A Top 10 List Fri, 26 Feb 2010 01:24:07 +0000 http://walkercorporatelaw.com/wp/?page_id=5#comment-84 [...] & Rosati (my “alma mater” law firm); Matt Bartus of Dorsey & Whitney; and Scott Edward Walker, founder of Walker Corporate Law Group, are all excellent resources.  My own goal is to branch out [...] [...] & Rosati (my “alma mater” law firm); Matt Bartus of Dorsey & Whitney; and Scott Edward Walker, founder of Walker Corporate Law Group, are all excellent resources.  My own goal is to branch out [...]

]]> Comment on Motivational Speeches for Entrepreneurs: Go Get It. Period. by Scott Edward Walker http://walkercorporatelaw.com/motivational-speeches/motivational-speeches-for-entrepreneurs-go-get-it-period/comment-page-1/#comment-83 Scott Edward Walker Tue, 23 Feb 2010 04:00:58 +0000 http://walkercorporatelaw.com/?p=710#comment-83 Thanks Laurent Thanks Laurent

]]> Comment on Motivational Speeches for Entrepreneurs: Go Get It. Period. by Laurent Boncenne http://walkercorporatelaw.com/motivational-speeches/motivational-speeches-for-entrepreneurs-go-get-it-period/comment-page-1/#comment-82 Laurent Boncenne Tue, 23 Feb 2010 03:43:14 +0000 http://walkercorporatelaw.com/?p=710#comment-82 So true ! thanks for the reminder !<br>We are made fun of and thought of being mad for thinking about losing it all that we need to remind ourselves that by trusting our ourselves, we can move forward.<br><br><br>cheers to you too :-) So true ! thanks for the reminder !
We are made fun of and thought of being mad for thinking about losing it all that we need to remind ourselves that by trusting our ourselves, we can move forward.

cheers to you too :-)

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Scott Edward Walker http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-61 Scott Edward Walker Mon, 08 Feb 2010 07:04:43 +0000 http://walkercorporatelaw.com/?p=647#comment-61 No prob - good luck No prob – good luck

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Tristan Kromer http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-60 Tristan Kromer Mon, 08 Feb 2010 06:58:51 +0000 http://walkercorporatelaw.com/?p=647#comment-60 Yes, I think this is most common. Personally I always have some qualms about being forced into a standard hierarchy which will color early collaboration, but in terms of risk management it is likely the safest way to go. Thanks again, Tristan Yes, I think this is most common. Personally I always have some qualms about being forced into a standard hierarchy which will color early collaboration, but in terms of risk management it is likely the safest way to go. Thanks again, Tristan

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Scott Edward Walker http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-59 Scott Edward Walker Mon, 08 Feb 2010 04:41:34 +0000 http://walkercorporatelaw.com/?p=647#comment-59 Hey Tristan - Sorry, I haven't done a post yet relating to member/officer managed LLC's; however, I typically recommend to my clients that they set-up the LLC management structure akin to a corporate structure -- with a Management Committee/Board of Managers and designated officers (CEO, CFO & Sec). Indeed, all of the management issues are addressed in an Operating Agreement (similar to Bylaws and Board resolutions in a corporation). Thanks, Scott Hey Tristan – Sorry, I haven't done a post yet relating to member/officer managed LLC's; however, I typically recommend to my clients that they set-up the LLC management structure akin to a corporate structure — with a Management Committee/Board of Managers and designated officers (CEO, CFO & Sec). Indeed, all of the management issues are addressed in an Operating Agreement (similar to Bylaws and Board resolutions in a corporation). Thanks, Scott

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Tristan Kromer http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-58 Tristan Kromer Mon, 08 Feb 2010 02:09:24 +0000 http://walkercorporatelaw.com/?p=647#comment-58 Very informative. At the risk of seeming lazy, do you have any post relating to members managed of officer managed structures? We are opting for member managed while it's just three of us and some contractors, but foresee the day when we need to setup a reasonable corporate structure. Thanks! Very informative. At the risk of seeming lazy, do you have any post relating to members managed of officer managed structures? We are opting for member managed while it's just three of us and some contractors, but foresee the day when we need to setup a reasonable corporate structure. Thanks!

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Scott Edward Walker http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-53 Scott Edward Walker Mon, 08 Feb 2010 00:04:43 +0000 http://walkercorporatelaw.com/?p=647#comment-53 No prob - good luck No prob – good luck

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Tristan Kromer http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-52 Tristan Kromer Sun, 07 Feb 2010 23:58:51 +0000 http://walkercorporatelaw.com/?p=647#comment-52 Yes, I think this is most common. Personally I always have some qualms about being forced into a standard hierarchy which will color early collaboration, but in terms of risk management it is likely the safest way to go. Thanks again, Tristan Yes, I think this is most common. Personally I always have some qualms about being forced into a standard hierarchy which will color early collaboration, but in terms of risk management it is likely the safest way to go. Thanks again, Tristan

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Scott Edward Walker http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-51 Scott Edward Walker Sun, 07 Feb 2010 21:41:34 +0000 http://walkercorporatelaw.com/?p=647#comment-51 Hey Tristan - Sorry, I haven't done a post yet relating to member/officer managed LLC's; however, I typically recommend to my clients that they set-up the LLC management structure akin to a corporate structure -- with a Management Committee/Board of Managers and designated officers (CEO, CFO & Sec). Indeed, all of the management issues are addressed in an Operating Agreement (similar to Bylaws and Board resolutions in a corporation). Thanks, Scott Hey Tristan – Sorry, I haven't done a post yet relating to member/officer managed LLC's; however, I typically recommend to my clients that they set-up the LLC management structure akin to a corporate structure — with a Management Committee/Board of Managers and designated officers (CEO, CFO & Sec). Indeed, all of the management issues are addressed in an Operating Agreement (similar to Bylaws and Board resolutions in a corporation). Thanks, Scott

]]> Comment on “Ask the Attorney” – Formation Issues (Part I) by Tristan Kromer http://walkercorporatelaw.com/startup-issues/ask-the-attorney-formation-issues-part-i/comment-page-1/#comment-50 Tristan Kromer Sun, 07 Feb 2010 19:09:24 +0000 http://walkercorporatelaw.com/?p=647#comment-50 Very informative. At the risk of seeming lazy, do you have any post relating to members managed of officer managed structures? We are opting for member managed while it's just three of us and some contractors, but foresee the day when we need to setup a reasonable corporate structure. Thanks! Very informative. At the risk of seeming lazy, do you have any post relating to members managed of officer managed structures? We are opting for member managed while it's just three of us and some contractors, but foresee the day when we need to setup a reasonable corporate structure. Thanks!

]]> Comment on Five Common Mistakes Entrepreneurs Make In Raising Capital by Scott Edward Walker http://walkercorporatelaw.com/videos/five-common-mistakes-entrepreneurs-make-in-raising-capital/comment-page-1/#comment-70 Scott Edward Walker Sun, 07 Feb 2010 08:10:22 +0000 http://walkercorporatelaw.com/?p=194#comment-70 Yes, it's possible, but you need to make sure you comply with applicable securities laws. Yes, it's possible, but you need to make sure you comply with applicable securities laws.

]]> Comment on Five Common Mistakes Entrepreneurs Make In Raising Capital by Terry Davidson http://walkercorporatelaw.com/videos/five-common-mistakes-entrepreneurs-make-in-raising-capital/comment-page-1/#comment-69 Terry Davidson Sun, 07 Feb 2010 07:30:24 +0000 http://walkercorporatelaw.com/?p=194#comment-69 Is it posible to raise Capital for a business you would like to start? Is it posible to raise Capital for a business you would like to start?

]]> Comment on Five Common Mistakes Entrepreneurs Make In Raising Capital by Scott Edward Walker http://walkercorporatelaw.com/videos/five-common-mistakes-entrepreneurs-make-in-raising-capital/comment-page-1/#comment-49 Scott Edward Walker Sun, 07 Feb 2010 01:10:22 +0000 http://walkercorporatelaw.com/?p=194#comment-49 Yes, it's possible, but you need to make sure you comply with applicable securities laws. Yes, it's possible, but you need to make sure you comply with applicable securities laws.

]]> Comment on Five Common Mistakes Entrepreneurs Make In Raising Capital by Terry Davidson http://walkercorporatelaw.com/videos/five-common-mistakes-entrepreneurs-make-in-raising-capital/comment-page-1/#comment-48 Terry Davidson Sun, 07 Feb 2010 00:30:24 +0000 http://walkercorporatelaw.com/?p=194#comment-48 Is it posible to raise Capital for a business you would like to start? Is it posible to raise Capital for a business you would like to start?

]]> Comment on “Ask the Attorney” – Securities Laws by Scott Edward Walker http://walkercorporatelaw.com/securities-law-issues/ask-the-attorney-securities-laws/comment-page-1/#comment-75 Scott Edward Walker Mon, 01 Feb 2010 11:00:50 +0000 http://walkercorporatelaw.com/?p=612#comment-75 Good luck. Good luck.

]]> Comment on “Ask the Attorney” – Securities Laws by Celestino http://walkercorporatelaw.com/securities-law-issues/ask-the-attorney-securities-laws/comment-page-1/#comment-74 Celestino Mon, 01 Feb 2010 10:50:53 +0000 http://walkercorporatelaw.com/?p=612#comment-74 Thank you so much for your help. I'll keep that in mind when raising funds from angel investors. Thank you so much for your help. I'll keep that in mind when raising funds from angel investors.

]]> Comment on “Ask the Attorney” – Securities Laws by Scott Edward Walker http://walkercorporatelaw.com/securities-law-issues/ask-the-attorney-securities-laws/comment-page-1/#comment-47 Scott Edward Walker Mon, 01 Feb 2010 04:00:50 +0000 http://walkercorporatelaw.com/?p=612#comment-47 Good luck. Good luck.

]]> Comment on “Ask the Attorney” – Securities Laws by Celestino http://walkercorporatelaw.com/securities-law-issues/ask-the-attorney-securities-laws/comment-page-1/#comment-46 Celestino Mon, 01 Feb 2010 03:50:53 +0000 http://walkercorporatelaw.com/?p=612#comment-46 Thank you so much for your help. I'll keep that in mind when raising funds from angel investors. Thank you so much for your help. I'll keep that in mind when raising funds from angel investors.

]]> Comment on “Ask the Attorney” – Securities Laws by Scott Edward Walker http://walkercorporatelaw.com/securities-law-issues/ask-the-attorney-securities-laws/comment-page-1/#comment-45 Scott Edward Walker Sat, 30 Jan 2010 03:01:11 +0000 http://walkercorporatelaw.com/?p=612#comment-45 Thanks for your question, Celestino. The introductory language to the definition of “accredited investor” under SEC Rule 501 provides that any person who falls within one of the eight categories or who the issuer "reasonably believes" falls within one of the categories is an accredited investor. The term “reasonably believes” is a factual determination, and the steps that must be taken to establish reasonable belief varies with the circumstances of each offering. Some securities practitioners recommend that the issuer require investors not only to represent and warrant that they are accredited investors in a subscription agreement (or other document), but also to execute a questionnaire -- so that the issuer can indeed satisfy the "reasonable belief" standard. Thanks for your question, Celestino. The introductory language to the definition of “accredited investor” under SEC Rule 501 provides that any person who falls within one of the eight categories or who the issuer “reasonably believes” falls within one of the categories is an accredited investor. The term “reasonably believes” is a factual determination, and the steps that must be taken to establish reasonable belief varies with the circumstances of each offering. Some securities practitioners recommend that the issuer require investors not only to represent and warrant that they are accredited investors in a subscription agreement (or other document), but also to execute a questionnaire — so that the issuer can indeed satisfy the “reasonable belief” standard.

]]> Comment on “Ask the Attorney” – Securities Laws by Celestino http://walkercorporatelaw.com/securities-law-issues/ask-the-attorney-securities-laws/comment-page-1/#comment-44 Celestino Sat, 30 Jan 2010 01:21:03 +0000 http://walkercorporatelaw.com/?p=612#comment-44 What if an investor signs a document to self-certify that he's accredited? Does the SEC go back to check whether such individual is indeed accredited when it's time to exit? What if an investor signs a document to self-certify that he's accredited? Does the SEC go back to check whether such individual is indeed accredited when it's time to exit?

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