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

Benchmark Litigation Names Preti Flaherty 2021 “Maine Firm of the Year”

Benchmark Litigation has named Preti Flaherty as 2021 Litigation Firm of the Year in the State of Maine. The Benchmark Awards honor distinguished litigators and law firms in all 50 states and 10 practice...

News

Maine Justice Foundation Makes Inaugural Grants to Six Maine Groups Working for Racial Justice and Equity

The Maine Justice Foundation has made inaugural grants from its Racial Justice Fund to six Maine groups. The goal of the Fund is to support Black, Indigenous, and People of Color statewide to forge...

Publication

Maine’s Exemption Laws Are Changing

In March of this year, Representative Denise Tepler (D. Topsham) introduced “An Act To Increase the Value of Property Exempt from Attachment and Execution,” LD 737, which sought to dramatically change Maine’s exemption scheme. ...

Publication

How to Avoid Misclassifying Your Employees Under the Maine Workers’ Compensation Act

What criteria are necessary to classify someone as an independent contractor and how can employers avoid misclassification and the repercussions that come with it? In this article, Preti Flaherty attorney and Mainebiz guest columnist John...

Publication

The Latest from OSHA on Mitigating and Preventing the Spread of COVID-19 at Work

On the tails of updated guidance from other agencies, the U.S. Department of Labor Occupational Safety and Health Administration ("OSHA") released new pandemic-related guidance last month. This guidance was issued on June 10, 2021...

Publication

Legislative Alert: Maine Legislature Adjourns!

The First Special Session of the 130 th Legislature finally adjourned on Monday night, July 19 th . As many of you may remember, the First Regular Session ended in March 30th when the...

News

Preti Flaherty Attorneys Sig Schutz and Alex Harriman Assist with Amicus Brief in Defense of Maine's Anti-SLAPP Law

Serving as counsel for The Reporters Committee for Freedom of the Press (RCFP) and 14 other news media organizations, Preti Flaherty attorneys Sigmund Schutz and Alexandra Harriman filed with the Maine Supreme Judicial Court a...

News

Fifteen Preti Flaherty Attorneys Selected as Chambers USA Leaders in Their Field

Fifteen Preti Flaherty attorneys and five practice groups have been selected for inclusion in the 2021 Chambers USA Guide to America's Leading Lawyers for Business , the highly regarded directory of leading attorneys and...

News

Preti Flaherty Welcomes Attorneys Angelica Li and Hannah M. Oakes to the Firm

Preti Flaherty is pleased to announce the arrival of two new attorneys to our Boston, Massachusetts, office: Angelica Li and Hannah M. Oakes. Angelica joins the firm as an Associate in our Environmental Practice...

Publication

Escalation Clause: An escape from the price-spike trap

Anyone in real estate development would have to be living under a rock not to know about skyrocketing lumber and material prices in the “post”-pandemic world. Pre-pandemic, the average cost for 1,000 board feet...