Gosin Law, LLC is a boutique law practice, dedicated to serving the legal needs of entrepreneurs and their businesses.  To that end, we offer services for the entire life cycle of your business--from inception to generational transition to sale--all at flat rates, payable in convenient installments in the manner of your choosing. 

Fees paid to lawyers reduce funds available to grown your business for your investors, your family, your employees and yourself.  Historically, many businesses:  (a) go without representation; (b) use a computerized legal forms service; or (c) pay for legal services on an hourly basis. 

a. Starting a Business Without Seeking Legal Counsel Often Leads to Problems

If you go without representation, figuring you will save a buck, you likely will wind up paying for it many times over in the long run.  The list of potential exposure you face is too long to be addressed fully here, but, consider the following potential liabilities:

• Wrong entity structure can lead to devastating and sometimes longstanding adverse tax consequences
• Failure to identify and obtain necessary licenses and permits can lead to fines and penalties
• Failure to include proper language in contracts can lead to insurance liability, lost profits and a decrease in the value of your business in a sale
• Failure to document relationships between members, shareholders or partners can lead to discomfort and costly litigation
• Failure to  develop and adhere to law with respect to your employees can lead to litigation
• Failure to have employees sign properly drafted non-competition agreements may expose your business to loss of value.
• The list goes on and on…..

b. Generic Computerized Form Services – You Get What You Pay For

Operators of generic computerized legal forms services go out of their way to make expressly clear that they are not attorneys and they are not providing legal advice.  But legal advice is exactly what you need when you are starting a business.  Beyond that, you need an attorney who will take the time to understand your goals and your business in context.  With Gosin Law, you can have an attorney take the time to learn about your business and to properly advise you on matters impacting your business.

c. The Hourly Fee Model is Broken Because it Rewards Waste and Inefficiency

1.     Hourly Fees are Astronomical – Traditional law firm models were based upon the hourly fee.  Hourly fees have gotten as high as $200 to $600 in major markets like Philadelphia, PA and even as high as $1,000 per hour in markets like New York, Chicago and Washington, D.C.  

2.     Hourly Fees Reward Inefficiency Not Productivity – Moreover, why would you want to give your attorney an incentive to be inefficient.  Traditional law firms sometimes staff assignments with inexperienced attorneys.  Don’t your clients or customers want to know how much the job will cost in advance?  Shouldn't your law firm be able to assess the time it should take to manage your representation in advance and then to price his or her services accordingly.  Don't your customers expect that?  

3.     High Legal Fees Support Bloated Overhead – Those high hourly fees may be used to support fancy offices and to enable partners to delegate work to young associates.  Why should you pay for that?

• Affordable Legal Services
• Access to Your Attorney 24x7x365
• Flat Rate Pricing
• Experienced Business Counsel