Andrew Abramowitz, PLLC

attorney at law

 LinkedIn RSS E-mail
  • Home
  • Practice
  • Our Team
  • Fees
  • Blog
  • Contact

The Challenges of Startup Legal Representation

August 9, 2019 By Andrew Abramowitz Leave a Comment

When I am having initial discussions with potential startup clients, they often say they’re looking for a firm that understands the particular challenges of running a startup. Perhaps this can be a reference to the substantive transactional matters that startups deal with – like negotiating an agreement among founders or raising capital using methods particular to early-stage companies – that attorneys who’ve been trained by representing Fortune 500 companies may not understand. But often the subtext of the question is that startups are frequently short of cash and may not be in a position to pay legal bills on a regular basis. The challenge for the attorney is to secure these sorts of clients and still manage to make a living after doing so.

[Read more…]

Related posts:

  1. Should Vendors Agree to Be Paid in Equity?
  2. Equity for Legal Fees
  3. What Can Law Firms Do About the Trump Approach to Paying Legal Bills?

Filed Under: Legal Practice Advice, Startup Matters

The SEC’s Concept Release on Exempt Offerings and Investment Limits

July 23, 2019 By Andrew Abramowitz Leave a Comment

Share Buybacks as a Political Issue | Andrew Abramowitz, PLLCThe SEC recently issued a long “concept release” on harmonization of securities offering exemptions. Whenever I hear about one of these, my first thought is that it’s somehow like a concept album from a ‘70s prog rock outfit (and therefore to be avoided), but in reality, the point of concept releases is to solicit input from the securities law community on a broad topic without immediately proposing changes. In this case, it’s about the complex web of exempt offering types that have evolved over the years and whether and how to harmonize them.

[Read more…]

Related posts:

  1. Investment Limits in Title III Crowdfunding
  2. Simultaneous Regulation CF and Rule 506(c) Offerings
  3. The Latest on Possible Tweaks to the Accredited Investor Definition

Filed Under: Crowdfunding, Financing Transactions/Securities Offerings

Division of Labor Between Law Firms and Corporate Services Companies

June 16, 2019 By Andrew Abramowitz Leave a Comment

Attorney Productivity | Andrew AbramowitzWhen I am estimating costs for a project for prospective clients, particularly those new to the formation of business entities and deal-doing, a common source of confusion is why there needs to be a fee paid to my law firm as well as to a corporate service company like CT Corporation or CSC. So, I thought it would be useful to briefly outline the different roles that each of us plays in the creation and maintenance of entities.

[Read more…]

Related posts:

  1. The Distinction Between Entity Name and Trademark
  2. Streamlining of Blue Sky Filings
  3. When Clients Demand One Person in a Personal Services Firm

Filed Under: General/Miscellaneous, Legal Practice Advice

Billions and Keeping Control of Your Business

April 24, 2019 By Andrew Abramowitz Leave a Comment

I am very much a member of the target audience of Billions, the Showtime drama about the intersection of law and finance in New York. As a corporate lawyer with the professional background to decipher at least some of the dense jargon, I sometimes have to suspend disbelief at the plot twists, including a U.S. Attorney who doesn’t recuse himself from a criminal investigation of a hedge fund that employs his wife, as well as a coordinated FBI mass arrest of politicians at a funeral service.

[Read more…]

Related posts:

  1. When Clients Demand One Person in a Personal Services Firm
  2. Hollywood’s Nice-Guys-Finish-Last Portrayal of Business
  3. Succeeding in Business by Doing Less

Filed Under: General/Miscellaneous

Pushing Back Against the SEC on Finders Rules

April 1, 2019 By Andrew Abramowitz Leave a Comment

Legal Referrals | A. Abramowitz | NYC

As I’ve blogged about in the past, the SEC in recent years has taken a relatively strict position against payments to “finders” who are not registered broker-dealers, as compensation for introducing investors to companies. The SEC’s focus has primarily been on “transaction-based compensation,” i.e., payment to the finder that is contingent on investment by the introduced investor, which according to the SEC is a hallmark of broker-like activity that requires registration.

[Read more…]

Related posts:

  1. Reluctance to Engage in Accredited Investor Verification
  2. Links to Some of My Greatest Hits
  3. Use of Finders in Securities Offerings

Filed Under: Financing Transactions/Securities Offerings

  • « Previous Page
  • 1
  • 2
  • 3
  • 4
  • 5
  • …
  • 44
  • Next Page »

Search the Blog

Blog Topics:

  • Crowdfunding
  • Financing Transactions/Securities Offerings
  • General Corporate/M&A Matters
  • General/Miscellaneous
  • Interesting Reads Archive
  • Legal Practice Advice
  • SEC Disclosure Matters
  • Startup Matters

Press Coverage

"Andrew Abramowitz, a lawyer in Manhattan who has worked with both buyers and sellers of private placements, said every investor should approach a private placement skeptically." -- Paul Sullivan (New York Times)

» Read more

"If the goal [...] is to protect people from losing all of their money in an illiquid investment, the current standard fails on that count, too. Andrew Abramowitz, a lawyer in Manhattan who has worked with both buyers and sellers of private placements, said a better standard might be to limit how much of their net worth people can invest." -- Paul Sullivan (New York Times)

» Read more

Sign up for Andrew Abramowitz, PLLC's Quarterly Newsletter

Your contact information is never shared or sold to any third-party.
* = required field

Browse the Blog

  • Crowdfunding
  • Financing Transactions/Securities Offerings
  • General Corporate/M&A Matters
  • General/Miscellaneous
  • Interesting Reads Archive
  • Legal Practice Advice
  • SEC Disclosure Matters
  • Startup Matters

Rankings & Awards

Ranked #7 nationally issuer legal counsel for total dollars advised in a PIPE transaction. (PrivateRaise.com January 2016)

Find & Follow

Follow Andrew Abramowitz, PLLC on LinkedIn.

Contact Info & Directions

©2019 Andrew Abramowitz, PLLC. All rights reserved. | 565 Fifth Avenue, 9th Floor, New York, New York 10017 | Legal Disclaimer