Best Practices for Emerging Brands: How to Avoid Missteps

May 30, 2023
Emerging brands face many choices and obstacles as they get up and running, but making the right choices can ensure smoother growth and dispute resolution. Craig Tractenberg suggests that emerging brands choose LLC formation for its flexibility in capital rights, structure, and tax treatment. Regardless, the legal structure needs to address investors’ needs for returns and a voice in the company as well as allow for growth. Emerging brands should also be sure to shop for money carefully, as SBA financing, crowdfunding, and traditional bank financing all have their own pros and cons. Lastly, to avoid unnecessary disputes, they should get in the habit of documenting everything and relying on the right professionals—whether accountants or lawyers—who can save them money (and sanity).

Getting into the Weed(s): Representing Marijuana Businesses in Tax Matters

Sonya Bishop (LAW ’18) of Baker & McKenzie co-authored an article with Ethan Kroll, Stewart Lipeles, and Julia Skubis Weber discussing the need for change in federal money laundering laws criminalizing tax practitioners from representing marijuana enterprises that operate legally under state law.

Startups & Entrepreneurs: Options and Strategies for Funding Your Startup or Growth Company

A key aspect to a successful startup is identifying and acquiring the right kind of funding. The first step in determining what type of funding is right for your startup is understanding what kinds of funding are available. This article looks at 4 kinds of funding— bootstrapping, convertible security financings, equity financing, and crowdsourcing—and breaks down the pros and cons of each, so entrepreneurs can make the right decision for their startup or growth company.

Will Pay Transparency Laws Level the Playing Field?

Despite the narrowing of the gender pay gap since the signing of the Equal Pay Act of 1963, women, and particularly women of color, continue to be paid less than their male counterparts. Temple law alumnus Janice Sued Agresti (LAW ’17), along with her colleagues, highlights several jurisdictions that have passed pay equity and pay transparency laws in an effort to reduce or eliminate this gap.

The Legal and Ethical Considerations of Facial Recognition Technology in the Business Sector

To the casual observer facial recognition technology (FRT) can seem like a gimmick, but FRT is a powerful instrument that presents both unique advantages and sobering drawbacks, raising questions that go to the foundation of privacy and freedom of expression. The facial recognition market is expected to reach $11.62B by 2026, and as the technology outpaces the law and catapults society into unexplored terrain, its benefits must be balanced against its impact on privacy, data protection, and other consumer concerns.