Small Business Law Articles & Blog Posts

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partnership dispute

De Facto Partnerships are Dangerous

What is a De Facto Partnership? A de facto partnership, sometimes called an “Ad Hoc Partnership”, is an informal business arrangement between two or more parties. It is a spontaneous...

openai openai versus lawyers

OpenAI versus Lawyers

It’s December 2022: we’ve finished evaluating OpenAI, and we’ve come to the conclusion that AI is much further along than we’ve anticipated. When we compare OpenAI versus lawyers, lawyers have...

L4SB questions

Should I Dissolve My Company?

Attorney Larry Donahue speaks to the main points one should consider when dissolving their company. Would you like to talk to an attorney today to discuss your business concerns? Sign...

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Sister Wives, Business Plans, and Branding

(This article uses an episode of Discovery Plus’s popular show, Sister Wives, to illustrate a point about the importance of proper business planning. Any implications about the actors’ inner lives...

L4SB questions

Pros and Cons of LLCs

L4SB and the Albuquerque Hispano Chamber of Commerce Join Forces to Educated Business Owners You can sign up for this free workshop by visiting the Hispano Chamber of Commerce’s website...