BUSINESS LAW PARTNERS

Hassett Law Group


We Help Creative Entrepreneurs And Organizations Start, Grow And Protect Their Businesses.℠

ARTICLE ON FORBES WEBSITE

  • Here is an  Article  on the Forbes Magazine website,  about a Chart that we created on the  Tax Cuts and Jobs Act of  2017.   Since creating this Chart, we have created three (3) others which we can use with other tools to help you  determine the best choice of entity for your business and whether you should change your current choice(s). The new tax act is a game changer, the  old rules  no longer apply and the new rules are, to some extent, counterintuitive.    

Our Blog

ABOUT OUR PRACTICE

Beginning in March of 2017, the two of us, who are both attorneys and have been married for over 34 years, formed our new law firm to help  CREATIVE ENTREPRENEURS and ORGANIZATIONS. We have much experience representing individuals and organizations in the technology, entertainment and design industries.  

SOME ADVANTAGES WE OFFER YOU

Experience

We both have 30+ years of experience in legal and business matters. Lawyers learn and improve from every experience. This creates advantages for you including that we can help you anticipate and proactively deal with legal and business matters.

Team

We are a husband and wife team.  This creates advantages for you including benefitting from the built in efficiencies of a family business i.e. no office politics , but instead intense focus on providing high  quality services.

Recognized Expertise

Rob was a co-author of the volume on interactive media and internet law of the leading (10 volume) treatise about  writing contracts for the entertainment industry.  He is currently co-writing a book about the recently expanded scope of the tax credits available for the entertainment industry in Georgia.  He speaks often on various topics including , but not limited to,  raising of funding, qualifying  for tax credits, and protection of intellectual property.

Focus and Technology

  • Additionally, we focus on helping creative entrepeneurs and their investors.   Our focus creates efficiencies that benefit you. 
  • Finally, we are using all the technological resources available today to provide what we believe are among the highest quality and most creative level of services offered. 

YOU MAY WANT TO RETAIN US IF:

YOU ARE STARTING YOUR BUSINESS.

Feel fee to ask us about a flat fee package for your standard startup documents.

YOU NEED TO CREATE OR CHANGE YOUR CORPORATE/LLC STRUCTURE.

  Possibilities include C corporations, S corporations, general partnerships, limited partnerships, limited liability partnerships or limited liability companies organized under the laws of Georgia, Delaware or any other state.   

YOU NEED TO OWN AND PROTECT INTELLECTUAL PROPERTY.

Intellectual property may include utility patents, design patents, trademarks, service marks, certification marks, copyrights, trade secrets, licensing and other contractual rights and privacy and publicity rights.

YOU WOULD LIKE ADVICE CONCERNING THE TAX CREDITS AVAILABLE IN GEORGIA.

If you are in the business of producing, or contributing to the production of,  movies, audiovisual works for television, interactive media works, such as video games, or audio recordings,  for mass market distribution, or live musical or theatrical performances intended for touring, moving your productions to Georgia may result in an increase in your income of as much as 30% of your expenditures. 

YOU ARE ABOUT TO ACQUIRE A BUSINESS OR ANOTHER PARTY IS ABOUT TO ACQUIRE YOURS.

  If you are the buyer, ask us about extended due diligence and more extensive warranties. If you are the seller, ask us about pre-due diligence and other ways to limit personal exposure.  

YOU ARE ABOUT TO PARTICIPATE IN CREATING OR DISTRIBUTING ANY CREATIVE WORK.

  This may be your last chance to effectively protect your intellectual property rights.  

YOU ARE ABOUT TO BEGIN, OR ARE IN THE PROCESS OF, NEGOTIATING, CONTRACTS THAT ARE CRUCIAL TO YOU.

Effectively drafting and negotiating of contracts requires a combination of the skills needed to effectively program computers, play chess and play poker.

YOU ARE ADDING EMPLOYEES AND/OR INDEPENDENT CONTRACTORS.

Feel free to ask is why you need agreements with your employees to assure ownership of needed intellectual property.  the work for hire doctrine does not cover everything you need.

YOU WOULD LIKE A DUE DILIGENCE CORPORATE/LLC, INTELLECTUAL PROPERTY OR PRIVACY LAW AUDIT.

It's usually much better to find out if you have a problem independently and when there is no time pressure for correcting it instead of in the midst of a transaction.

YOU NEED TO HAVE TERMS OF USE, PRIVACY POLICIES OR OTHER INTERNET RELATED DOCUMENTS DRAFTED.

In the beginning  it's usually better not to have any privacy policy at all than to have a generic one that may interfere with your eventual sale of the company.  Also the terms of use are typically as important in determining the scope of the rights of privacy as is the privacy policy.

YOU ARE IN THE PROCESS OF RAISING CAPITAL.

Ordinarily, legal claims cannot be based on a failure to disclose.  However,  there are areas of law in which disclosures are mandated including the  requirement that known side effects of pharmaceutical products be disclosed and that, in raising capital, all material facts be disclosed to investors.

Why We Love this Space

Nothing can compare to the return on investment achievable from intellectual property. 


For example, compare the 5 most valuable structures (sourced from escapehere.com): 


5. The World Trade Center, New York, USA $3.8 billion (cost in 2013) 

4.The cosmopolitan, Las Vegas, Nevada,  USA $4.16 billion (cost in 2010)

3. Emirates Place, Abu Dhabi, UAE $4.46 billion (cost in 2005) 

2. Resorts World Sentosa, Singapore: $5.38 billion  (cost in 2010) 

1. Bay Sands, Singapore $6 billion (cost in 2010) 


To the five most valuable brands (sourced from Forbes Magazine):


5. Facebook $52.6 billion

4. Coca-cola $58.5 billion

3. Microsoft $75.2 billion

2. Google $82.5 billion

1. Apple $154.1 billion


Yes, I know that for these buildings we are only measuring costs, but is it not telling that no structure has ever sold for more than the cost of the most expensive 5?   


CLICK HERE FOR MORE INFORMATION ON WHAT ARE CREATIVE ENTREPRENEURS AND ORGANIZATIONS. 

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