Best Franchise Lawyers
Josh: I hate to see franchise systems that exploit unsuspecting franchisees. who have no viable means of success; and those where the franchisor is all about money and not about building a big business. Similarly, I get annoyed when potential franchisees ask me for advice and then tell me that they have read the franchise agreement and feel pretty good about it. At this point, I usually ask them why they ☺ called me. In addition to our reputation as franchise litigation lawyers, we offer a wide range of legal services. We comb through your franchise agreement and help you decipher the fine print that your franchisor may not want to read. Jeffrey Goldstein has worked for many years during his career in two of the top ten international commercial law firms in the world. At Skadden, Arps and Morgan, Lewis, two of the world`s most respected and powerful business law firms, Goldstein represented a wide range of leading international Fortune 500 companies in distribution and antitrust litigation with government and third parties. After five years in one and then six years in the other, Goldstein held a partner position in one of Philadelphia`s most respected litigation stores, where he specialized in representing only franchisees and dealers. Rush: Don`t buy jobs. Look at franchise opportunities that can help you get a significant return on investment. If you don`t have the capital to buy the franchise and you have extra funds to get through the start-up phase of at least a few years, I really wonder if someone should do it. And finally, really check what you`re getting for your investment.
Would you be better off in an independent business with no franchise fees and royalties? If the franchisor has little notoriety and doesn`t do much for you, why buy it? I particularly liked the fact that ALL 3 lawyers debunked a huge myth that has been circulating for years. Large firms often charge up to $600 or more per hour for the partner and more than $300 for other lawyers. Not to mention $150 for paralegals, who can easily exceed $1,000 per hour! Most franchised lawyers focus their practice on or around one or two cities close to their law firm; In contrast, Jeff Goldstein and the Goldstein law firm practice regularly in every state in the country, either through direct attorney membership or Pro Hac Vice admission. Our firm has been advised or represented by franchisees and merchant clients in almost every state in the country. In addition, the firm has represented clients from the Middle East, England and South America. In addition, Goldstein Law Firm regularly represents large national franchisee associations with members from all states in the United States and other countries. If you want to buy a franchise, do yourself a favor and hire a franchise lawyer before making a “yes” or “no” decision about the franchise opportunity you`re interested in. In summary, Goldstein Law Firm is a franchised law firm dedicated to you, the franchisee. Franchise law is a complex area that requires specialization. That`s why Goldstein`s franchise lawyers exclusively represent franchisees and dealers. When it comes to litigation or any other specialty, we know who to turn to, because our many years of experience allow us to “partner” with the best and avoid the rest. Hurry up: While most franchise agreements cover the same issues, there can be big differences in how an agreement is written.
A few things I take a closer look at are whether the franchisor is assuming any real obligations to the franchisee and whether it is agreeing to protect its brand by compensating the franchisee in a trademark lawsuit. If the franchisor doesn`t, then in my opinion, it really doesn`t make much sense to buy the franchise. There are also often significant differences in financial presentations. Rush is a leading franchise lawyer and is good people. (And a good lawyer!) Josh: I`ve often told clients not to buy a franchise that interests them. Although this is ultimately the customer`s decision, they often ask me what I think of the franchise and more specifically, would I buy it? When I tell them I know, I try to be as specific as possible because I know it`s a difficult decision. Every situation varies, but if a franchise doesn`t have an organizational structure conducive to its growth strategy, I tell customers not to buy. .
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