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 entrepreneurial minds, serving as a strategic partner from the very beginning. We work with our clients to successfully launch their business 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. Our legal services for emerging companies and entrepreneurs include:

  • Formation consultation to determine correct type of legal entity and tax treatment
  • Positioning for raising capital through angel investors, venture capitalists, or other means
  • Ensuring all investment is done in compliance with state and federal securities law
  • Evaluating debt financing options including venture capital and traditional bank financing
  • Securing, maintaining, exploiting, and enforcing intellectual property rights and assets
  • Employee compensation plans, from initial stages to equity compensation and stock plans
  • Negotiating commercial lease space

Innovative legal planning to grow your business

Working with a lead attorney from our Business Group, our emerging business clients benefit from a collaborative approach tailored to their unique business needs. We represent companies and entrepreneurs across the full spectrum of industries and from every stage of growth, offering legal counsel from a business perspective to ensure their success. From intellectual property and labor and employment to tax, litigation, regulatory issues and beyond, we provide clients with the tools, information, and foundation necessary to make solid business decisions and gain a valuable edge.

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

Firm Highlights

News

Preti Flaherty Joins Maine Justice Foundation for Racial Justice Fund

As part of our ongoing efforts to promote racial justice, Preti Flaherty has joined with the Maine Justice Foundation and other local businesses and philanthropists to create the Racial Justice Fund . Each of the 22 founders...

Event

N.H. Virtual Employment Law Summit Series: Options for Dealing with Your Employees' COVID-19 Challenges

For over 25 years, Preti Flaherty's Employment Law Group has been keeping clients, business partners and friends up to date on recent employment law developments through our annual Employment Law Summits. Earlier this summer...

Publication

Maine Workers' Comp Alert: Update on Appellate Division Findings on Notice of Injury Requirements

Maine WC Appellate Division Affirms Decision Finding Untimely Notice of Injury; Reiterates Requirements for Timely Notice As background, the notice period is 90 days for dates of injury between January 1, 1993, and January...

Publication

Legislative Alert: Economic Recovery Grant Program Update

On Thursday, August 20, 2020, Governor Janet Mills announced the launch of the newly established Maine Economic Recovery Grant Program – a state-based approach to help support struggling Maine businesses and nonprofit organizations that...

Event

Maine Virtual Employment Law Summit Series: Options for Dealing with Your Employees' COVID-19 Challenges

For the past 26 years, Preti Flaherty's Employment Law Group has been keeping clients, business partners and friends up to date on recent employment law developments through our annual Employment Law Summits. Earlier this...

Press Coverage

Portland-Based Education Nonprofit Sued For Study Abroad Refunds

A class-action suit has been filed against CIEE on behalf of thousands of college students who were denied any refund of tuition, room and board, and other fees for Spring 2020 study abroad programs...

Press Coverage

Washington Cannabis Company Says Oklahoma Residency Rules Unconstitutional

Oklahoma has become the latest battleground in the growing challenge to state residency requirements for cannabis business licenses. As has happened in Maine and other states, a nonresident business has initiated a suit against...

News

Federal Indictments Follow Long-Running Antitrust Class Action in Ready-Mix Concrete Industry

Yesterday, the U.S. Department of Justice announced that a federal grand jury in Savannah, Georgia, indicted a ready-mix concrete company and four individuals for fixing prices, rigging bids, and allocating customers and markets in...

Event

N.H. Virtual Employment Law Summit Series: Managing a Safe Return to Work

For over 25 years, Preti Flaherty's Employment Law Group has been keeping clients, business partners and friends up to date on recent employment law developments through our annual Employment Law Summits. Earlier this summer...

Publication

It's Time to Fight Back Against Illegal State and Local Cannabis Laws

Matt Warner, of Preti Flaherty's Cannabis Business Practice Group, has authored an article for Cannabis Business Executive  on the constitutionality of state residency requirements for obtaining a license to operate a cannabis-related business, how such...