The Hoeg Law Firm is an experienced business law practice located in Southeast Michigan. The firm is focused on handling legal needs of small businesses and startup companies. With over a decade of experience as a business lawyer at large law firms, Hoeg Law provides clients with a high level of legal expertise at a fraction of the cost that large firms offer. Therefore, while working with Richard Hoeg, you can expect large law firm caliber work with a personalized, small firm approach. Schedule a free consultation with an experienced Michigan business attorney today. 734-263-1001.
How We Help Your Business
At Hoeg Law, we pride ourselves on understanding business, whether it’s our client’s or their supplier’s, customer’s, or competitor’s. Since we are owners and operators of our own small business, we’ve gone through many of the same trials and tribulations that our clients have. As result, this experience puts us in the best position possible to be able to hear our client’s specific needs. Furthermore, our experience allows us to respond rapidly to their unique and ever-changing circumstances and requirements.
For example, whether it’s structuring a novel transaction, setting up policies and procedures to afford our clients the liability protection they seek, or simply handling day-to-day organizational or contractual matters, we strive to bring pertinent, personal experience to our clients at a fraction of the cost available at other business law firms. Thus, Hoeg Law makes hiring an experienced business lawyer an affordable option.
Where We Serve Clients
The primary office of The Hoeg Law Firm, PLLC is located in Northville, Michigan. Although this is our physical location, we work with clients all throughout Michigan and the country, with many of our clients in Ann Arbor, Lansing, Detroit, Livonia, Canton, and elsewhere. In fact, we can meet with clients in person or remotely; and work regularly with out-of-state clients. Therefore, if you have legal questions pertaining to business law, regardless of your location, Hoeg Law can help.
Business Lawyer Questions (FAQ)
Yes. The use of an attorney to help form and manage the legal side of a small business is necessary for several reasons.
First off, a business law attorney can help provide your company legal protection. For example, if an attorney files your legal entity or drafts a contract, it’s far less likely your business can be sued.
Secondly, a lawyer can help save you a significant amount of time by managing the legal side of your business. For instance, a small company typically does not have the resources to hire a legal department. As a result, the owner will often have to research and learn what’s involved with things such as hiring an employee or contractor. Using an attorney for these tasks can take the burden off the small business owner.
Finally, having a lawyer help with the legal side of your small business can actually save you money at the end of the day. Using a business lawyer helps save money through: tax planning strategies, saving time for you and your employees, and proactive defense against litigation that could result in significant monetary loss.
Business law encompasses the legal side involved with the formation and operation of a business. This includes starting an LLC or other legal entity, contracts, purchasing or selling a company, financing a startup, partnership agreements, etc.
An attorney who practices in business law specializes in various federal and state laws which govern and regulate business.
Commercial law encompasses the legal side involved with commerce, trade, and sales. In other words, this area of law regulates commercial and business transactions. For example, if you were selling a business or a significant number of business assets, you’d likely want to speak with an attorney who understands commercial law within your state.
Corporate law encompasses the legal side involved with the formation and operation of a corporation. More specifically, it’s a body of laws, rules, and regulations specific to corporate entities. This often involves financial aspects such as convertible debt, investors, shareholders, creditors, etc. It also involves legal obligations such as investor ownership, securities law, and various federal regulations to which corporations must comply with.
Someone who practices in this area of law is commonly referred to as a corporate lawyer.
These two areas of law are very similar and often overlap. The main difference is, business law primarily deals with legal aspects involved with starting and operating a company while commercial law is primarily focused on financial transactions associated with business.
Most lawyers who practice in business law are familiar with both business and commercial law.
Corporate law is essentially a subset of business law. For instance, business law pretty much embodies any legal element associated with business. On the other hand, corporate law focuses solely on legal entities that are defined as corporations. In short, corporate law is a more specialized practice area.
There are many ways in which an attorney who specializes in business law can help a company. A business law attorney not only protects a company, but also assists with the formation, growth, expansion, and operation of a business. Here are a few key ways an attorney can help:
- Business structure planning
- Writing or reviewing contracts
- Legal entity formation
- Consulting agreements
- Hiring contractors
- Hiring employees
- Mergers and Acquisitions
- Buying a business
- Selling a business
- Financing a startup
In Michigan, forming an LLC is done through filing the Articles of Organization with the the Department of Licensing and Regulatory Affairs Bureau. While you can technically file the paperwork by yourself, it’s advised to use an attorney to avoid any legal issues and provide expert guidance for the direction of your company.
The Hoeg Law Firm handles a wide variety of legal matters pertaining to business law. To learn more about these specific services, check out our practice areas at any of the links below.
Hoeg Law can help with the legal formation of a corporation or limited liability company (LLC). This includes advising clients on which option is best for their business, as well as how best to organize after formation.
Whether you’re starting your first company or your fiftieth, there is always a lot to consider and keep track of. Fortunately, Hoeg Law can help. As an experienced business law firm, we’ve formed Nevada corporations, Delaware limited liability companies, and everything in between. Additionally, we’ve helped students and professors begin realizing their dreams of spinning off University research, and multinational corporations create subsidiaries to better structure their operations and legal position.
The experience and services offered by our business law firm can greatly assist you and your business.
We help clients draft, negotiate, and review the terms of their contracts whether with a vendor, customer, licensing source, or other business partner.
Every company will deal with and use contracts every day of its existence. contracts are our bread and butter and also the lifeblood of your business. If you’re looking to have a contract drafted and/or reviewed, we can help. These contract include, but are not limited to the following:
- Intellectual Property Licenses
- Non-disclosure Agreements
- Supply Agreements
- Software as a Service (SaaS)
- Employee Offer Letters
- Equipment Leases
- Custom Software Development
- Manufacturing Agreements
Purchasing & Selling a Company (Mergers & Acquisitions)
Acquiring or selling your business can be a complex legal process. Hoeg Law can help you ensure that the process is correctly handled and documented, and that the protections you need are put in place.
Hoeg Law has handled a multitude of mergers and acquisitions issues. These issues range from term sheets, definitive documents, and more. Whether you’re seeking to sell your business, or acquire someone else to continue your company’s upward expansion. We can help.
Whether you are looking to bootstrap your company or are seeking institutional or other financing (convertible debt, Series Seed, Series A, Venture Capital, Angel Investment, etc.) Hoeg Law has extensive experience helping companies get the cash they need to grow.
The Hoeg Law Firm handles a wide variety of legal matters pertaining to business law and venture capital. These legal matters include, but are not limited to the list below.
- Stock Purchase Agreements
- Investor Rights Agreements
- Charter Restatements
- Rights of First Refusal and Co-Sale
- Securities Law (Blue Sky) Compliance
With over a decade of experience working as a business lawyer for a large law firm, Hoeg Law provides clients with extensive levels of corporate law expertise at a fraction of the cost of large firms. We provide guidance in the following areas:
- Securities Law (Blue Sky) Compliance
- Regulation D (Rule 506(b), 506(c))
- Crowdfunding Exemptions
- Preferred Stock Terms
- Authorizing Resolutions
- Charter Amendments
- Investor Rights Agreements
- Promissory Notes
- Angel Financing
- Convertible Debt
- Seed Rounds