Top 5 questions asked by entrepreneurs

Over the last 20 years I have worked with many technology companies and entrepreneurs in the Chicagoland area. For a time, I also ran the start up and entrepreneurial ventures subcommittee of the Chicago Bar Association.

The entrepreneur panels are always the best attended and also seem to have the liveliest discussions.

Drawing on those experience is it, here are five of the most common questions asked by entrepreneurs.
  1. What is the best legal structure for my business?
  2. How do I protect my idea?
  3. What kind of contracts do I need?
  4. Should I use employees or independent contractors?
  5. Who else should be on my professional team?

Ordinarily one would tackle these in order. However, because the answer to #2 will inform the discussion around #1, it makes sense to address this first.

For Immediate Release @Adlerlaw Has Been Nominated for The Expert Institute’s Best Legal Blog Contest

 


For Immediate Release @Adlerlaw Has Been Nominated for The Expert Institute’s Best Legal Blog Contest.

Chicago, IL October 7, 2016 @Adlerlaw has been selected to compete in The Expert Institute’s Best Legal Blog Competition.

From a field of hundreds of potential nominees, @Adlerlaw has received enough nominations to join the one of the largest competitions for legal blog writing online today.

Now that the blogs have been nominated and placed into their respective categories, it is up to their readers to select the very best. With an open voting format that allows participants one vote per blog, the competition will be a true test of the dedication of each blog’s existing readers, while also giving up-and-coming players in the legal blogging space exposure to a wider audience.

Each blog will compete for rank within its category, while the three blogs that receive the most votes in any category will be crowned overall winners.

The competition will at 12:00 AM on November 14th.

The competition can be found at https://www.theexpertinstitute.com/blog-contest/

Please search for @Adlerlaw and vote for us!

Contact: David M. Adler (866) 734-2568 david@adler-law.com

@Adlerlaw is a blog devoted to helping executives, entrepreneurs and creative professionals identify, protect and monetize their ideas and exploit digital business platforms. Content is directly relevant to entrepreneurs and businesses that generate creative content like software developers, mobile application developers, start-ups, and even physicians.

The motivation to create @Adlerlaw stems from my experiences as a nominated member of the Illinois State Bar Association Intellectual Property Committee, running the Entrepreneurial & Start-up Ventures Committee and the Media, Arts & Entertainment Committee of the Chicago Bar Association, as well as public speaking in the areas of intellectual property, information technology, privacy, security and social media. Every forum meeting or presentation ended with in-depth questions from the audience. Since I rarely had time to answer these questions or provide any depth to my response, I decided to publish @Adlerlaw to share my knowledge and educate creative professionals to be better consumers of legal services.

8 ideas for Lawyers on Cyber Risk, Privacy & Data Protection

While already on many people’s minds after the recent presidential debate, Cyber Risk, Privacy and Data Protection are growing concerns for businesses and consumers alike.

Here are eight (8) suggestions for building a stronger Cyber Risk, Privacy and Data Protection foundation.

The challenge with cyber security and data privacy has always been their breadth of reach. The most pressing IT security and legal issues facing lawyers and businesses continue to come from these areas. Mindful of information overload, lawyers, law firms, and businesses should develop specific cyber security measures from an IT perspective that you can use to be more secure.

Such strategies might include

1) ensuring familiarity with U.S. privacy legislation such as HIPAA, CAN-SPAM, COPPA, FCRA, GLBA, stated privacy laws, state data breach laws,

2) ensuring familiarity with international privacy legislation including the EU, Asia, Australia, and Canada,

3) knowledge of industry standard risk assessment processes, procedures and reporting (e.g., ISO 27001 , NIST 800-53, COBIT, ISO 27001/02),

4) performing privacy and/or security gap assessments,

5) conducting due diligence with or on third parties,

6) knowledge of technologies used to collect, share, access and use personal data,

7) training employees on best practices and techniques and empowering employees to seek CIPP or equivalent certification, and

8) regular evaluation of cyber insurance policies and coverages.

A recent study published in the Journal of Cybersecurity, found that security breaches were on the upswing, and sectors with the highest number of reported hacks were finance and insurance, health care and government entities. Ccosts include investigating the causes of a breach, notifying consumers, increasing customer support, paying for identity theft insurance or credit monitoring, and dealing with legal actions. Following these 8 steps is a good place to start strengthening a Cyber Risk, Privacy and Data Protection foundation

DISCLAIMER. This is not nor is it intended to be legal advice. Each situation is unique. You should direct any questions you have about your specific situation to competent counsel.

CyberRisk Privacy Data Protection

U.K. entrepreneurs react to Brexit vote — VentureBeat

The UK’s tech community has reacted to today’s Brexit vote.The results, announced early this morning, saw 48.1% of voters asking to remain in the European Union (EU), whilst the remaining 51.9% voted for a Brexit. The news comes after various surveys conducted across the industry showed the tech sector’s overall support for remaining within the EU.…

via U.K. entrepreneurs react to Brexit vote — VentureBeat

You’re Invited to LAUNCH: Client Contracts 2.0

Contracts

DATE: Wednesday, June 29
TIME: 9:30AM to 11:30AM
LOCATION: New York Design Center, Conference Room
ADDRESS: 200 Lexington Avenue, NYC

Have you ever had a client refuse to pay a bill, not give you credit for your work, or use your design scheme without hiring you? As loathsome as these situations sound, the reality is that they happen more often than we like to admit. The best way to avoid these issues is to arm yourself with an airtight contract. For this task, we’ve enlisted David Adler, a Chicago-based lawyer who understands the ins and outs of the design industry, to serve as your legal expert for the morning. He will address some of the biggest risk factors interior designers face today and how your contract can (and more importantly, should) cover you. You’ll leave with a better understanding of how you can tighten up your existing contract so you don’t have to learn the hard way.

Register for the event here.

Adler Named 1 of @Law360’s 20 Attorneys Killing It On Twitter

The 20 Attorneys Killing It On Twitter

Law360, New York (September 11, 2015, 4:57 PM ET) — Some attorneys have figured out how to use their Twitter accounts to build their personal brand and network with peers and prospective clients, while also pumping out tweet after tweet of legal insight and hilarious anecdotes. The full article is available here.

Attorney David M. Adler in Chicago Illinois has been named as one of those 20 attorneys.

Getting Smart about Smart-Device #Privacy ISBA

My latest Article in the Illinois Bar Journal entitled – Getting Smart about Smart-Device , discusses wide range of legal and regulatory issues around privacy and security affecting the “Internet of Things.” This overview identifies risks and suggests some best practices for addressing privacy and security issues raised by IoT devices.

Illinois Bar Journal April 2016 • Volume 104 • Number 4 • Page 48

Full article available here.