Key Employees – What to Know Before Selling your Business

Key Employees – What to Know Before Selling your Business

Whether and How to Retain Key Employees to Command Maximum Value. Overlooking this can lead to a host of headaches, ranging from delays, increased expenses, diminution of purchase price, to even the cratering of the deal.


DISCLAIMER: The information contained in this blog is not intended as legal advice for you. It is intended only to provide general information, and to promote self-analysis, more informed questions, and further discussion with advisors. Specific legal problems necessitate specific legal advice tailored to each client’s specific set of circumstances. Use of this Blog does not create an Attorney-Client relationship.

Washington Paid Sick Leave Update goes into Effect Jan 1

Washington Paid Sick Leave Update goes into Effect Jan 1

Starting January 1, 2018, all Washington State employers must provide paid sick leave to all covered employees. Initiative 1443, which was voter-approved in the fall of 2016, requires employers to provide 1 hour of sick leave for every 40 hours worked. The potential ramifications of non-compliance include:


DISCLAIMER: The information contained in this blog is not intended as legal advice for you. It is intended only to provide general information, and to promote self-analysis, more informed questions, and further discussion with advisors. Specific legal problems necessitate specific legal advice tailored to each client’s specific set of circumstances. Use of this Blog does not create an Attorney-Client relationship.

No, M&A Doesn't Have to Be Like Pulling Teeth

No, M&A Doesn't Have to Be Like Pulling Teeth

A common theme of questioning I get in the early stages of a Buy-Sell representation is: Does this Have to be a Fifty Page Purchase & Sale Agreement? or Is This Going to Cost Me Tens of Thousands of Dollars in Legal Fees?


DISCLAIMER: The information contained in this blog is not intended as legal advice for you. It is intended only to provide general information, and to promote self-analysis, more informed questions, and further discussion with advisors. Specific legal problems necessitate specific legal advice tailored to each client’s specific set of circumstances. Use of this Blog does not create an Attorney-Client relationship.

Snowstorms, 4 Wheel Drive & Limited Liabilty Entities

Snowstorms, 4 Wheel Drive & Limited Liabilty Entities

Business Owners, Like Drivers on the Passes, Can Get Lulled into a False Sense of Security


DISCLAIMER: The information contained in this blog is not intended as legal advice for you. It is intended only to provide general information, and to promote self-analysis, more informed questions, and further discussion with advisors. Specific legal problems necessitate specific legal advice tailored to each client’s specific set of circumstances. Use of this Blog does not create an Attorney-Client relationship.

What type of business sale process will you run?

What type of business sale process will you run?

Like most questions, arriving at the answer starts with a conversation in the mirror. Sovereign Legal Group continues to be very active in representing both buyers and sellers in M&A transactions, including deals ranging from <$1M to $20M+ in 2015 thus far. Here are some key factors to consider when deciding how you’ll sell your company.


DISCLAIMER: The information contained in this blog is not intended as legal advice for you. It is intended only to provide general information, and to promote self-analysis, more informed questions, and further discussion with advisors. Specific legal problems necessitate specific legal advice tailored to each client’s specific set of circumstances. Use of this Blog does not create an Attorney-Client relationship.

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