June 30, 2010
North Bay Biz magazine published “When to Litigate and When to Avoid It” by Basil Plastiras in their July 2010 issue. Here is an excerpt:
The vast majority of lawsuits resolve, by settlement or dismissal, before reaching trial. In some counties in California (Marin, for example), only 2 percent of all suits filed go to trial. Most counties in California resolve more than 90 percent of all civil suits prior to trial.
The preferred method of resolving legal disputes in California is by settlement. This is the “public policy” of our state. Settlement is usually less expensive for all concerned, less stressful and far less risky than going to trial.
To read the full article, click here.
Basil Plastiras is an attorney, expert witness, mediator and real estate broker. He is the founding partner of Plastiras & Terrizzi in San Rafael, a general civil litigation law firm. He can be reached at (415) 472-8100 or firstname.lastname@example.org.
June 9, 2010
One of the fundamental questions for a entrepreneur starting up a new business is how to legally structure the new entity. Each has its advantages or disadvantages, and no one structure will work for every kind of business or individual owner.
If you are thinking of starting a new business, it is best to thoroughly research the pro’s and con’s of the respective entities and think through your goals in starting the business. Do you want a side business that generates a little extra income to supplement a primary job? Do you want to grow the business to be the next Apple or HP? Is this a simple business with minimal risk or do you anticipate your new business’s activities could expose you and your personal assets to a lot of risk? How you come down on these issues will help you determine what entity is right for you.
The most common ways of organizing a new business are as a sole proprietor, a partnership, an LLC, or a corporation.
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