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

Event

From Concord: A Legislative Update for HR Professionals

As the COVID-19 pandemic continues, all legislative activities in the state of New Hampshire, with a couple of exceptions, will be handled remotely. Several employment-related bills will be considered and voted on during this...

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 Workers' Comp Alert: Appellate Division Affirms Decision Involving Gradual Injury That First Manifested at Home, Not at Work

In Thomas v. United Ambulance , United Ambulance appealed a Decision (Goodnough, ALJ) granting Thomas’s Petition for Award and granting in part his Petition for Payment. United Ambulance argued that the ALJ erred in...

Event

Never Say Goodbye: Employee Performance Reviews, Terminations, and Alternatives

Laura Rideout and Dottie Chalmers Cutter, VP of Operations at Chalmers Insurance Group will present on employee performance reviews, terminations, and alternatives as a part of the Institute for Family Owned Business Legal Lunch...

Press Coverage

Maine Newspapers Challenge Rule Concealing Electronic Court Records

A Maine court committee in December established a 90-day blackout period rule on public access to newly filed electronic court records, a move which has been challenged by Maine's newspapers as a violation of the First Amendment. Paper...

Event

From Augusta: A Legislative Update for HR Professionals

On March 13, 2020, Maine Senate President Troy Jackson and Speaker of the House Sara Gideon issued a joint statement to the 129th Maine Legislature signifying their intention to suspend the remainder of the...

Publication

Changing Control in the Time of COVID: Navigating ‘Change of Ownership’ Prior to PPP Loan Satisfaction.

The Hypothetical Everyone loves a hypothetical, right? So let’s begin with one about Billy Builder: Billy Builder holds 55% of the equity in a construction business he founded way back when the fax machine...

Publication

Maine Workers' Comp Alert: Maine Supreme Court Issues Decision Regarding Statute of Limitations in Coordination of Benefits

Maine Supreme Court Issues Decision in Charest v. Hydraulic Hose Dealing with Unique Statute of Limitations Issue in the Context of the Coordination of Benefits On March 30, 2021, the Law Court issued a...

Press Coverage

Sabattus Family's Bat Woes Prompt Bill To Force Real Estate Pest Disclosure