How to Make a Valuation Model for Your AI Startup: A Guide for Investors

Valuing a pre-revenue tech startup is a well-established process, but what happens when you try to apply the same methods to a pre-revenue company using novel artificial intelligence? With AI’s potential to scale rapidly to millions of users, there are unique challenges to consider when determining the value of an early-stage AI startup. In this […]
How to Transfer LLC Ownership in Illinois: Tips and Best Practices

What is the process of transferring LLC ownership in Illinois? Transferring LLC ownership in Illinois can be a complex process, but it can be done smoothly with proper planning and execution. There are various reasons why you might want to transfer LLC ownership, such as a change in ownership, a sale of ownership, or a […]
Expert Breach of Contract Lawyers for Your Business Needs

As a business owner, you rely on contracts to protect your interests and ensure that deals are honored. However, sometimes agreements are breached, leaving you in a tough spot. That’s where breach of contract lawyers come in – they’re legal experts who can help you navigate the complex world of contract disputes and lawsuits. In […]
Illinois Litigation Lawyer: What You Need to Know

If you’re facing a civil lawsuit in Illinois or seeking compensation for damages, it’s important to understand the legal process and costs involved. A skilled and experienced Illinois litigation lawyer can guide you through every step of your case. In this blog post, we’ll cover what civil litigation is, how the process works, and the […]
How to Hire a Lawyer for Your Artificial Intelligence Startup: Tips and Tricks

As the use of Artificial Intelligence (AI) continues to expand, so does the need for legal counsel to protect the interests of AI startups. With complex legal issues such as data privacy, intellectual property rights, and contract negotiations to navigate, startups must find expert legal representation to ensure their success. In this blog post, we […]
Experienced Shareholder Dispute Lawyer for Business Resolutions

Looking for an experienced shareholder dispute lawyer to help resolve complex legal and financial issues affecting your business? Our team of attorneys combines a deep understanding of the law with a strong command of financial issues that affect businesses, balancing both practical and legal solutions. We specialize in breach of fiduciary duty, minority rights disputes, […]
Who owns the IP an LLM creates: Understanding the complexities

Who is the legal owner of an IP created by an LLM? Ownership of IP for information created by an LLM is complex. It depends on a variety of factors. For example, if an LLM is trained on copyrighted material, the copyright holder may own the IP for any information created by the LLM. Similarly, […]
How to Buy an LLC: Tips for Entrepreneurs

What type of business entity is an LLC? An LLC, or a limited liability company, is a type of business entity that provides both the benefits of a corporation and a partnership. It offers the protection of personal assets that a corporation provides, while also being taxed like a partnership, with the profits and losses […]
AI Lawyer: The Future of Legal Practice

What is an AI lawyer? AI lawyers are a new development in the legal field. They use Artificial Intelligence (AI) technology to support legal proceedings. OpenAI’s ChatGPT provides generative AI for any particular question posed to it. Essentially, an AI lawyer is a computer program that can analyze and interpret legal data, make predictions based […]
What are reasons to sue a company? Understanding Your Legal Rights

What are the most common causes of action when suing a company? What are reasons to sue a company? When a person decides to sue a company, there are several causes of action that they may pursue depending on the circumstances of their case. Here are some of the most common causes of action when […]