Getting good legal advice is a tough challenge for investor-backed startup companies. The entrepreneurs who run emerging companies have limited time and funds to devote to legal issues. Yet the legal problems faced by startups are often thorny and complex. A wrong move at the early stages can impose huge future costs, and might even threaten the viability of the business.

Our Business Law Group has served as a trusted advisor to countless startup companies over the years. Working with innovative entrepreneurs is a challenging part of our practice, but one that we value highly. Our firm is well-respected in several relevant specialties: corporate, securities, tax, patent, trademark, employment, executive compensation, and real estate, to name a few. We also offer the two qualities most in demand for young companies: judgment and experience.

We recognize that emerging companies are often cash-strapped and that the complexity of issues facing a startup company might exceed its presently available funding. We pride ourselves on maintaining flexibility. We are willing to work with companies to propose alternative fee arrangements that balance the company's needs and resources.

Firm Highlights

News

Verrill Recognized Nationally for Health Care, Land Use and Zoning, Commercial Litigation, Real Estate, and Trust & Estates by Best Lawyers®

News

Expanded 2024 Maine Diversity Summer Associate Program Now Accepting Applications

Matter

Successful Representation of Insurer before U.S. District Court for the District of Maine

Verrill successfully represented an insurer before the U.S. District Court for the District of Maine in an insurance coverage matter alleging that the insurer improperly denied a defense and indemnification to a landlord under...

Blog

Maine PUC Amends Small Generator Interconnection Procedures Rules (Chapter 324)

On November 3, 2023, the Maine Public Utilities Commission (the “Commission”) issued an Order adopting amendments to its Small Generator Interconnection Procedures Rule (Chapter 324). Background. Chapter 324 was last amended on December 21...

Blog

Use of Retirement Plan Forfeitures: The IRS Proposed Regulations, Recent Litigation, and the DOL’s Position

In five recently filed class action lawsuits, [1] 401(k) plan participants allege that plan fiduciaries violated ERISA by using plan forfeitures to offset employer contributions instead of paying plan expenses. The use of forfeitures...

Matter

Elections and Constitutional Law: Successfully Challenged Certification of Initiative Petition

In a victory for consumers and the ride-hailing public, the Massachusetts Supreme Judicial Court recently barred the Secretary of State from placing on the November ballot initiative petitions proposed by companies such as Uber...

Blog

HIPAA Privacy Rule Changes: Just in time for the New Year?

In 2021, the Department of Health and Human Services (HHS) proposed changes to the Privacy Rule under the Health Insurance Portability and Accessibility Act of 1996 (HIPAA) that would significantly alter the current regulations...

Publication/Podcast

Determining Whether Your Entity is a Reporting Company: Selected Issues

Under the Corporate Transparency Act ( CTA ), more than 30 million “ Reporting Companies ” will need to register with FinCEN (a bureau of U.S. Treasury Department) and file Beneficial Ownership Information...

Publication/Podcast

Corporate Transparency Act—Considerations Affecting Entities That Are Exempt or Excluded from Reporting Company Status

The Corporate Transparency Act ( CTA ) takes effect starting January 1, 2024. The Act is administered by FinCEN , a bureau of U.S. Treasury charged with combatting money laundering and other financial crimes...

Event

Annual Employment Law Update

More details coming soon!

Contact Verrill at (855) 307 0700