The fatal shooting of conservative activist Charlie Kirk at Utah Valley University has unleashed a significant and controversial political backlash that is reshaping national debates on hate speech, free speech and the limits of government power in the United States. Within days of the killing, President Donald Trump and his administration launched sweeping attacks on … Read more
Part 1 covered the strategic and operational aspects of business planning. However, the legal foundation of an entrepreneur’s business also requires meaningful attention. Overlooking these elements can result in costly problems that threaten a business’s survival. A separate post will deal with the use of AI in creating business plans. Intellectual Property Protection Trademarks: Entrepreneurs should … Read more
Part 1 focuses on why an entrepreneur needs a business plan and what makes one effective. Part 2 will deal with legal considerations and other essential business matters. Why Your Business Plan Matters More Than You Think Many new entrepreneurs view business plans as academic exercises or hurdles to jump through for investors. This mindset … Read more
The study Canaries in the Coal Mine? Six Facts about the Recent Employment Effects of Artificial Intelligence by Brynjolfsson, Chandar and Chen (August 2025) provides an extensive look into how the rapid adoption of generative AI is reshaping the American labor market, especially for young and entry-level employees. Drawing on high-frequency payroll records from millions of workers … Read more
Debanking, the practice of financial institutions terminating customer relationships or denying banking services based on perceived risks, has emerged as one of the most pressing legal and regulatory issues facing American businesses and individuals today. This phenomenon, also known as “de-risking,” occurs when banks close accounts or restrict services without providing adequate explanations or meaningful … Read more
On August 25, 2025, Elon Musk’s X Corp. and xAI filed a federal lawsuit against Apple and OpenAI in Texas, marking what could be the technology industry’s most significant antitrust battle in recent years. The 61-page complaint challenges the exclusive partnership between Apple and OpenAI, arguing it constitutes an illegal conspiracy to dominate both smartphone … Read more
The New Jersey Technology Business Tax Certificate Transfer Program represents a distinctive funding mechanism that has garnered significant attention within the state’s technology and biotechnology sectors. Commonly referred to as the NOL Transfer Program, this initiative enables qualifying early-stage companies to transform unused net operating losses and research and development tax credits into immediate working … Read more
I last wrote about this issue in August 2020. The law has changed and its time for an update. Employee classification remains one of the most persistent and costly pitfalls for small and mid-sized businesses. It’s imperative that business owners properly classify their workers—not only for legal compliance, but also for the moral obligation of … Read more
In August of 2024 and February 2025, I asked ChatGPT for 10 legal jokes. It’s a semi-annual tradition. This time I switched it up and asked Gemini. Ali Wong‘s got nothing to worry about. Hmmm…
Sooner or later a startup lawyer will hear the suggestion that payment be postponed or waived in exchange for equity. What is the lawyer to do when the client cannot (or would rather not) pay and offers stock instead? On its face, taking equity looks like a practical solution. The client preserves cash, the lawyer … Read more
In July 2025, the Trump Administration unveiled America’s AI Action Plan, a sweeping national strategy aimed at securing U.S. global dominance in artificial intelligence. The plan is ambitious and broad, outlining how the U.S. intends to accelerate AI innovation, build robust AI infrastructure and assert leadership in international AI diplomacy and security. While the plan … Read more
The New Jersey Angel Investor Tax Credit Program serves as a powerful engine for innovation and economic expansion within the state. By offering substantial tax credits to those who invest in emerging technology businesses, the program seeks to attract much-needed capital to high-growth sectors like biotechnology, life sciences, advanced materials and renewable energy. The program … Read more