Lowrance Fisher, Business & Startup Lawyer

Your Startup, Business & Intellectual Property Attorney in NY

Startup your business today with out experienced and knowledgeable NYC legal team. We have years of experience dealing with tech startups, trademark issues, intellectual property law, mergers, acquisitions and more. Our firm the AVVO 2015 Clients choice award for business. We proudly serve all five boroughs of NYC and have offices in Manhattan, Brooklyn & Queens. If you need legal advice on starting a business in NYC you have came to the right place. We invite you to set up a free sit-down consultation or a free phone consultation. You can also chat with us live on our website.

Contact us today at: Fisher Law Group, P.C. 25 Broadway Fl 9 New York, NY 10004 (212) 256-1877

Why Your Startup or new business Needs Legal Help

All Startup businesses need 2 kinds of professionals at the onset: an accountant and a business lawyer. You need an accountant for multiple reasons; here are some of those reasons:

• Setting up a “chart of accounts”.

• Reviewing and correcting all financial data.

• Preparing all necessary state, local, and federal tax returns.

So what do you need a lawyer for? A lot of people don’t really like working with lawyers.

Sometimes it’s because of their fees but mostly it’s just that people don’t like working with lawyers at all. But if you want your startup to succeed, then a lawyer is absolutely crucial.

Good legal professionals will help you with all facets of your startup. Here’s a few often overlooked examples:

• Basic compliance with zoning laws.

• Trademark and copyright advice.

• Lawsuits & liabilities.

• Contractual paperwork.

Still not convinced your startup needs a lawyer? Keep reading and you’ll change your mind.

What does a startup lawyer do?

At the simplest level, your startup business will likely deal with the local government, your business partners (including suppliers and employees), and the general public. All startup businesses need to establish themselves in ways that violate no laws and avoids any tax liabilities; sets up proper policies and measures when interacting with their customers; and minimizes any risk or conflict when managing relationships with suppliers and employees.

Many startups make the mistake of waiting till the last minute to hire a lawyer, meaning they wait until they’re being sued. You want a lawyer around to prevent lawsuits rather than be defended from one. Lawsuits are expensive and time‐consuming and once you’ve been served, your next problem becomes large legal fees and court appearances until the matter is settled.

What lawyers charge to keep you from trouble is much cheaper than what they charge to get you out of trouble.

How do I find a lawyer?

Now that you’re convinced you need a lawyer for your startup, your next move should be finding one. How do you that? First of all, expect to see your lawyer a lot, especially at the beginning of your business, so get a lawyer you are comfortable with. Find someone you can trust and can understand what matters to you. You need your legal adviser to respond promptly and, ideally, have experience with legal issues commonly encountered in your field. They must be able to protect your brand and trademark and allow you to grow your operation

Do I work with a firm or find a solo attorney?

In the beginning, your legal needs can be managed by one lawyer but as your business grows, so will your need for a larger legal team with diverse specialties. From a legal standpoint, here’s what most startups need to focus on very early on:

• Establishing a business entity for your own protection from liabilities.

• Keeping in line with tax laws‐‐ especially if you grant equity.

• Protecting intellectual property ‐‐ especially if you outsource.

• Establishing equity rights and ownership among business partners.

How much does it all cost?

The single biggest reason most startups avoid legal services is cost. Hourly rates vary between firms but you can expect prices to be somewhere around $150‐$750 per hour. Are there ways to keep costs low? Absolutely! Lawyers usually accept several manners of payment.

Here are a few notable examples:

• Hourly rate

• Flat fees

• Monthly retainer

• Value billing

• Contingent fee

Whichever billing option you choose, here are examples of keeping legal costs low:

• Request for itemized bills at monthly intervals rather than waiting to be billed.

• Request for estimates in writing. If fees go over the estimate, find out why.

• Inquire about billing caps for certain tasks.

• Send and review necessary documents to your lawyer ahead of time so that both of you avoid going through paperwork during meetings and can get straight to the point.

You should never hesitate to bring up payment with your lawyer. Consider the task at hand and see which payment would be the most cost efficient.

Position	Organization	Location	Duration
0	Fisher Law Group, P.C.	New York, NY	2013 – Present

School	Degree	Major	Graduation
Florida Coastal School of Law	JD	Law School	2013
0	Bachelor of Science	Business Management and Finance	2006 – 2010

State / Court	Date
0	2014

• Member, New York State Bar Association, Business Law Section, 2014 - Present
  Member, New York State Bar Association, Young Lawyers Section, 2014 - Present
  Member, New York State Bar Association, 2013 - Present
  Member, American Bar Association, 2013 - Present

• Boutique Start-Up Company Law Firm of the Year in New York, Corporate INTL, 2016
  Client Distinction Award, Martindale-Hubbell, 2015, 2016
  Preeminent 5.0 out of 5, Martindale-Hubbell, 2015, 2016

• Personal Injury Practice Area: Personal Injury Date: Nov 03, 2015 Outcome: Positive Description: Car Accident Business Practice Area: Business Date: Dec 17, 2015 Outcome: Positive Description: Incorporation, Drafting of Bylaws and shareholder agreement. Personal Injury Practice Area: Personal Injury Date: Jan 06, 2016 Outcome: Settled Description: Settled Personal Injury case from a Motor Vehicle accident in Five months for the full policy.

Lowrance Fisher has been a Premium Member since July 15, 2019.
Lawyers with longer memberships tend to have more experience so we use the Membership date to help prioritize lawyer listings on search pages.

Verified Credentials	Date Verified
(2014) Licensed as Attorney in New York. Verified with New York State Unified Court System.	February 04, 2016

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Business Startup 102: How Do Venture Capitalists Operate?  (2016-04-12 09:53:34)
Fisher Law Group, P.C. 25 Broadway Fl 9 New York, NY 10004 (212) 256-1877. There seems to be a lot of talk about ‘venture capital’ among entrepreneurial circles these days, but what is venture capital?.....