Business, Real Estate, and Estate Planning Attorneys in NYC

New owners could potentially use many business structures when forming a New York business. Some examples are a limited partnership, general partnership, sole proprietorship, limited liability company, professional limited liability company, S corporation, or C corporation. Each entity has its own unique advantages and disadvantages, so speaking with a lawyer is essential in deciding the right path for you. For example, a sole proprietorship is easy to form but does not offer the liability protection of an LLC or corporation. While corporations give greater credibility and capital-raising potential, they are complicated and expensive to set up, making them less ideal for many new business owners.

The contracts your business needs depend on your chosen entity. For example, an LLC must have an operating agreement according to NYC business laws. If you plan to hire employees, you will want employment agreements to indicate what duties and responsibilities each employee has. Contracts with other businesses and partners can help prevent lawsuits if disputes arise. Shareholder agreements are also essential if you plan to incorporate your business. Contact our law firm for attorneys who can help you craft contracts that meet your company’s unique needs.

The limited liability company is relatively simple compared to forming a corporation, but you must still follow some legal guidelines to start your company on the right foot. You must also pick a business name that is not being used by any other entity in New York. Finally, New York law requires LLCs to publish ads in two New York newspapers for six consecutive weeks. You should also choose a registered agent, which can be an LLC member, a friend, or another company, to receive mail on your behalf.

The compensation in a personal injury case can vary significantly based on the severity of your injuries, the impact on your quality of life, medical expenses, lost wages, and future costs related to your injury. Fisher Stone, P.C. meticulously evaluates each aspect of your case to ensure that all potential areas of compensation are addressed. Our goal is to secure a settlement or verdict that reflects the full extent of your losses, including both economic and non-economic damages, to aid in your recovery and rehabilitation.

Accepting a settlement offer without consulting a personal injury attorney can result in receiving less compensation than you deserve. Insurance companies often propose initial offers that may not fully cover your medical expenses, lost wages, and other damages. At Fisher Stone, P.C., we recommend that you let our experienced attorneys review any settlement offers before accepting them. We negotiate with insurance companies to ensure that any settlement reflects the true value of your claim, taking into account all current and future impacts of your injuries. Our goal is to maximize your compensation, whether through settlement negotiations or, if necessary,
litigation.

The statute of limitations for filing a personal injury lawsuit varies by state. However, in New York, individuals typically have 2.5 years from the date of the injury to initiate legal action. It’s crucial to consult with an attorney as soon as possible to ensure your claim is filed within these legal time frames. Fisher Stone, P.C. can help you understand the specific deadlines applicable to your case and take swift action to preserve your rights. Delaying could jeopardize your ability to seek compensation, so we encourage potential clients to reach out sooner rather than later.