Business Law and Commercial Law

Business and Commercial Law Attorneys

While owning a business is often a labor of love, it has its share of risks and challenges. Grad, Logan & Klewans, P.C., is licensed in Virginia, Maryland, and Washington D.C. Our attorneys know business law and will guide you through the legal steps necessary to establish your own business and minimize risk and negative exposure.

Business Startup and Formation

Our business attorneys handle a wide range of sophisticated business transactions and serve as general counsel to several companies. An important first step for a startup business is selecting the proper business entity. You will want to enlist the help of an experienced business law attorney at Grad, Logan & Klewans, P.C. to help you identify the appropriate entity for your business—i.e., limited liability company (LLC), limited liability partnership (LLP), partnership, S corporation or other corporate entities. Our attorneys can advise you of the benefits and drawbacks associated with each entity and help you determine which is most suitable for your business. Once your entity is selected, our lawyers will generate the associated contracts, agreements, and legal documents (articles of incorporation, partnership agreement, business agreements, operating agreements, corporation bylaws, etc.) you will need for the successful operation of your business.

Addressing Operational Needs

A significant concern for a new business is securing and allocating start-up capital. Most new businesses do not initially operate at a profit. We will consult with you and your accountant to determine an adequate amount of capitalization with guidelines as to how the funds will be invested in the business (e.g., purchase of equity, loans to the business). We will also advise you concerning the business structure and how to maximize tax advantages.

Another matter is to address the allocation of power and money within the new business should your business have multiple owners. The law provides default rules regarding these matters. The owners of the business generally replace those default rules and apportion power and money among themselves as they agree. We will assist you in structuring the owners’ relationships among themselves. The contracts documenting such relationships include stockholders agreements and employment agreements.

At Grad, Logan & Klewans, P.C., we not only provide legal services for businesses, but we serve as counsel and mentor. After your business is operating, you will continue to have various legal needs, possibly including litigation. Disputes may arise between co-owners who wish to dissolve the business relationship or shareholders may object to decisions made by the Board of Directors. Our experienced business attorneys can provide help addressing the possibility of future legal disputes, and represent your business if disputes do occur. We provide general corporate commercial representation in all aspects of business and professional practices from start-ups to publicly-held companies.

Partners in Your Success

At Grad, Logan & Klewans, P.C., we are invested in our clients’ ongoing business concerns. We work with you to build a long-term relationship that enables us to help you meet the growing needs of your business, protect your assets, and plan for tomorrow.

For more information on setting up a business or to schedule an appointment with a business law attorney, please contact us.