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

Publication

Governor Janet Mills Releases Maine Supplemental and Biennial Budgets

Governor Mills released both the Supplemental and the Biennial Budgets today. The Revenue Forecasting Committee has estimated a $650 million revenue shortfall in 2021 – 2023 combined. In his presentation to the Appropriations Committee...

Event

The Future of Work: Assessing the Long-Term Impacts of COVID in the Workplace

Preti Flaherty is proud to partner with our friends at KMA Human Resources Consulting for their Lunch and Legal Conversations webinar series, moderated by Rhoda McVeigh, Director of Consulting Services at KMA. Each program...

Event

The Crisis of the She-cession and What Employers Can Do to Address It

Preti Flaherty is proud to partner with our friends at KMA Human Resources Consulting for their Lunch and Legal Conversations webinar series, moderated by Rhoda McVeigh, Director of Consulting Services at KMA. Each program...

News

Preti Flaherty Partnership Announces Promotion of Moppin, Rideout, White to Partner

Preti Flaherty is pleased to announce that the firm’s partnership has named three new partners: Sara N. Moppin, Laura A. Rideout, and Emily T. White.  Each attorney stands out as a distinguished practitioner within...

News

Attorney Bodie B. Colwell Elected IWIRC Management Committee Vice Director of Social Media

Preti Flaherty is proud to announce that attorney Bodie B. Colwell has been elected to the Management Committee of the International Women's Insolvency & Restructuring Confederation (IWIRC), where, effective January 1, 2021, she will serve...

Publication

Maine Workers' Comp Alert: WCB Updates Guidance on COVID-19 Reporting and Related Requirements

The Maine Workers’ Compensation Board has updated its COVID-19 FAQ with current guidance and reporting requirements. Although the information offered is not legal advice and is not judicially enforceable, it is helpful direction in...

Publication

Maine Workers' Comp Alert: WCB Revises Fee Schedule

The Maine Workers' Compensation Board has completed the annual update of its Medical Fee Schedule. Appendix II (professional fees) and Appendix IV (outpatient facility fees) have been updated in accordance with Title 39-A M.R.S.A...

Press Coverage

Should workers wary of COVID-19 vaccines be forced to take one for the team?

As COVID-19 vaccinations become more readily available, should employers be legally allowed to mandate vaccination for all employees? Maine employers are wrestling with the choice of whether or not to mandate employees be vaccinated...

News

2021 Maine Diversity Summer Associate Program Expands to Include Additional Law Firms and Corporate Partners

Following a highly successful inaugural year, the three founding law firms of the Maine D1L Diversity Summer Associate program and the University of Maine School of Law welcome all of the new participating law...

Press Coverage

Maine blazes workplace trail with earned paid leave requirement

In March of 2019, Maine became the first state in the nation to adopt an earned paid leave law, meaning that for every 40 hours worked, an employee banks one hour of earned paid...