New ventures face many challenges on the path to success, some of them legal in nature. Preti Flaherty's Emerging Businesses group has worked on behalf of hundreds of northern New England's finest entrepreneurs. Serving as a strategic partner from the very beginning, we work with our clients to successfully launch their businesses from a strong legal foundation, raise capital, establish employment agreements, protect intellectual property, navigate tax and licensing matters, and tackle any other legal challenges that may arise along the way. 

As diverse as the economy itself, our clients represent emerging companies and entrepreneurs across the full spectrum of industries and from every stage of growth. Our Business Law Practice Group offers clients a strategic partner ready and willing to approach complex legal issues from a business perspective to best ensure our clients' success. Services include: 

  • Business formation consultation to determine the correct type of legal entity and, therefore, tax treatment of your entity.
  • Positioning of your company to raise capital through angel investors, venture capitalists, crowdsourcing or other means. 
  • Ensuring all investment is done in compliance with state and federal securities law.
  • Evaluating debt financing options including venture capital financing and traditional bank financing.
  • Negotiating your first commercial lease space.  

Working with a lead attorney from our Business Group, clients benefit from a collaborative approach tailored to their businesses' unique needs. Utilizing the technical subject matter understanding and extensive experience of attorneys from all corners of the firm — from intellectual property and labor and employment to tax, litigation, regulatory issues and beyond — our team can provide comprehensive legal services in a manner that is as innovative as our clients themselves.

Often, the most valuable asset of an emerging business is the intellectual property developed by the founder. Members of Preti Flaherty's Intellectual Property Group work with our emerging businesses to develop creative and cost-effective strategies for securing, maintaining, exploiting, and enforcing intellectual property rights in patents, trademarks and copyrights. We provide emerging businesses with the information necessary to make solid business decisions, gain a competitive edge and monetize exploitable IP assets. 

Attorneys from our Employment Law Group can be called in to help with questions involving employee compensation, both in the initial stages of a startup and later on when equity compensation arrangements and incentive stock plans can be used as an important recruiting mechanism and retention tool. 

Through our LaunchPad program, qualifying startups receive business formation services at no cost, and benefit from a long-term partnership and the full spectrum of the firm's services as they grow.