On Demand
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A Lawyer's Toolkit for Advising New Businesses
Produced on May 05, 2020
Course Information
Course Description
Starting a new business can be one of the most exciting times in a client’s life – but it can also be one of the most stressful. Often, entrepreneurs are going through the process for the first time and will look to their lawyers to provide not only legal counsel but practical business advice as well.
In this program, presented by Ryen Rasmus of the Lipp Law Firm, attorneys will learn the fundamentals necessary to effectively advise new business owners and give them a solid foundation on which they can build a successful operation. The presentation will address basic business law matters, strategies for minimizing both legal and financial risk, and ancillary issues that often escape notice until problems arise – including intellectual property and employment law concerns.
Learning Objectives:
- Advise clients on timing, restrictions, and regulations
- Choose the right entity type, branding, and equity structure for your client
- Consider financing and raising capital
- Build an effective professional team
- Launch the business and onboard clients
Credit Information
Faculty
Ryen has comprehensive experience in the fields of intellectual property, complex business transactions, and business-related litigation. Ryen specializes in the drafting of contracts and operations documents; resolution of business and intellectual property-related disputes; and counseling in the fields of corporate, employment, and software law. Ryen also serves the firm’s clients by providing mergers and acquisitions-related advice and conducting regulatory oversight reviews to ensure that clients’ businesses are compliant and protected to the maximum extent.
Ryen formerly served as a law clerk to Chief Judge Karen J. Burrell and the Hon. Louis A. Sherman of the Norfolk Circuit Court. While in law school, Ryen worked at a Top 200 law firm in Washington D.C., a Hampton Roads law firm specializing in entertainment law and small business-related issues, and the office of legal counsel at a major state educational institution.
Ryen graduated magna cum laude from William & Mary Law School in 2012 and was honored with the ABA-BNI Award for Excellence in the Study of Intellectual Property Law and the Lewis B. Puller, Jr., Veterans Benefits Clinic Award for Excellence upon his graduation. He graduated summa cum laude from The College of William & Mary in 2009 and was admitted to the Phi Beta Kappa Society during his senior year.
Ryen is admitted to practice law in Virginia and Washington, D.C. Outside of his work with the firm, Ryen is active with a number of local bar associations and intellectual property law-related organizations. Ryen also volunteers time with several non-profit organizations that seek to promote education and positive youth development.
Ryen started practicing law on 10/24/2012.
Professional Experience:
- Obtained summary judgment on all counts in favor of the client in a trade secret claim involving the law of four different states. Integrated Direct Mktg., LLC v. May, 129 F. Supp. 3d 336 (E.D. Va. 2015).
- Assisted multiple clients in arranging and completing the sales of their businesses and purchases of new businesses.
- Successfully negotiated private settlement of trademark infringement claims, resulting in favorable outcomes for mark owners and defending parties.
- Coordinated trademark, copyright, and patent license terms for rights owners and licensees in the entertainment and business contexts.
- Drafted complete suites of legal documentation for numerous software, SaaS, and technology systems.
- Assisted with the reorganization and modernization of large families of businesses to ensure compliance and efficiency.
DISCLAIMER: MANY FACTORS PERTAIN TO EACH CASE, AND THE OUTCOMES ABOVE DO NOT GUARANTEE OR PREDICT A SIMILAR RESULT IN ANY FUTURE CASE BY LIPP LAW
Pro Bono Experience:
- Volunteer Attorney for Washington Area Lawyers for the Arts
- Represented start-up business owners in launching national and international business ventures
Publications and Presentations :
- Business Law: A to Z, National Business Institute, October 23, 2019
- Recognizing and Avoiding Common LLC Pitfalls, LawPracticeCLE, May 8, 2019
- Everyday LLC Errors, Oversights, and Missteps, National Business Institute, March 27, 2018
- Prevent Employees from Walking Off with Trade Secrets, Virginia Lawyers Weekly, 2017
- Panelist, George Mason Sports and Entertainment Law Association, 2017
- Panelist, The Washington West Film Festival, 2015 and 2016
- Panelist, The George Mason American Inn of Court, 2016
Professional Memberships:
- George Mason American Inn of Court, Executive Committee Member
- Fairfax Bar Association, Business Law Section Vice-Chair, Past Section Chair
- International Intellectual Property Law Association
- Washington Area Lawyers for the Arts
- American Bar Association, Intellectual Property Law Section
- Exit Planning Institute
Reviews
Regarding the recommendation that the lawyer check on potential hire resumes, I advise a proviso be given about reprisal.
Very good. Really enjoyed this course.
great presentation. Speaker was very knowledgeable on the subject matter.
Unbelievable amount of information in such a short time! All helpful. Thank you!
Good speaker. Useful info.
Great course and very thorough.
Thanks Mr. Rasmus. Sincerely, McCARY & McCARY, P.C., TX
This was a great course. Well done.
I would have preferred a more balanced choice of entity discussion.
So helpful
Good lesson
a bit glitchy but I assume this is because of COVID remote transmission instead of studio recording
Great instructor and practical, sound advice!
Very informative
Excellent overview and holistic approach to representing the client at the early stages to avoid, mollify or handle actual or potential issues.
Ryen was excellent and sensitive to the many common errors that start-up businesses encounter.
The presenter covered a lot of material!!! All of it essential He had a solid grasp of what it takes to guide a new business owner.
Great job!
Great presentation!
Good lecture but would have liked more discussion of using the other corporate forms especially for very small enterprises without much capital
Great overview, clear and organized
Have new clients
Great course! Terrific instructor!
Course materials are helpful
Great program. Among my favorites on LawLine!
Outstanding
This may be the best CLE I have attended with Lawline! It was exactly on point for what I was looking for and Ryen did an amazing job of breaking the information down into memorable learning points and presenting. Thank you!
Excellent program and presentation. Mr. Rasmus was very knowledgeable in the subject.
This is by far one of the best CLEs I have viewed on lawline. Thank you so much for taking the time to put together some great and practical information.
Ryen was excellent ! Thank you.
Mr. Rasmus provided a detailed and organized presentation with command of his subject matter.
Excellent Course
Nice job on the slides! Well done!
This is an excellent presentation. Useful, informative and a very good presenter.
This is by far the best Lawline presentation I've seen. Packed with information, well organized and well delivered.
great CLE -- Ryen put together a great presentation
great
Not enough info on the other organizational types!
I appreciate how up to date this felt in the time of COVID.
Wonderful and informative presentation!
Excellent content
I was very impressed by the instructor
I'll give my best compliment to the presenter: I would hire that lawyer.
Good Ideas. Thanks!
Very enjoyable!
This is a great course.
Very organized, practical, and well delivered. The best Lawline course I've taken so far by a good margin.