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business law

GreeneHurlocker Welcomes Business and Employment Attorney Laura Kight Musick

Laura Kight Musick, a business and labor and employment attorney, has joined the business, corporate, and regulatory law practice as Counsel at our firm, Eric Hurlocker announced today.

“Laura brings a well-developed set of skills in commercial and employment law which our clients increasingly need as their businesses grow and become more complex,” Hurlocker said. “Additionally, her significant litigation experience dovetails nicely with our firm’s growing regional regulatory practice,” he explained.

Laura practiced in Illinois and Virginia in her prior firms, and has counseled clients in employment matters, including hiring, severance and transition agreements, employment policies, and risk management and avoidance. In addition, she advised her business clients regularly about contracts, financing agreements, and corporate formation and governance.

“I’m delighted to be joining GreeneHurlocker and offering our clients the benefit of my employment law background while advising them as they grow and expand their businesses,” she says.

Laura graduated summa cum laude from the Honors Program at Murray State University in Kentucky, receiving a dual degree in English Literature and Philosophy. She earned her J.D. at the Robert H. McKinney School of Law, Indiana University, and was the inaugural recipient of the Baker and Daniels Public Interest Law Fellowship in 2008.

Knowing Where to Start

Clients wonder sometimes what they are getting into when they ask a lawyer to draft a contract. Maybe their fear is that their attorney will sharpen up his metaphorical pencil, lean his chair back to think deeply on life and law for an hour or two (on the clock), and then pull out the laptop and sit down to drafts things up from scratch, like a composer writing out each note to a (very boring) symphony. The client may fear that the lawyer views every deal is different, that everything about every deal is new every time, that everything needs to be tailored like a bespoke suit.

Every deal is different, it’s often said – I’ve heard myself say it a hundred times. That’s because the facts are different, and that’s because no two people and no two companies are alike or have the exact same priorities. But that doesn’t mean that two deals – say, two leases of refrigerated warehouse space, or two agreements for the purchase of the assets of small businesses — happening 500 miles apart (or 5000 or 5) — can’t be done with forms of contract that are 90% the same.

In fact, they probably should be done that way.

And your attorney shouldn’t be spending a whole lot of time going for the Pulitzer Prize for creative nonfiction and drafting that 90% (just a percentage used for illustration purposes) from scratch.

Unless we are speaking of some sort of business deal where the industry is utterly new, the parties are utterly idiosyncratic, and the risk tolerances are off the charts (one direction or the other), or all of the above, the same basic forms work across the board. I remember Internet 1.0 – the days of AOL and Pets.com — and the ways that lawyers were trying to draft “application service provider” contracts that expressed the concept of software programs being accessed over the Internet (what we now call Software as a Service (SaaS)). But even in that time, when the Internet was beginning to utterly change the way the world operated, the contracts were pretty much built right on top of software, consulting, joint venture and financing contracts that had been around for decades before that.

The majority of the text in a contract from 1975 (the year of the room-sized computer) – for example, events of default, remedies on default, representations and warranties, indemnification, assignment, the boilerplate at the end, and the general flow and sequence of the document — was essentially the same as the text in a contract drafted in 2000 (the year of the Pets.com sock puppet). The same is even more true for commercial real estate contracts, and even holds true for many types of intellectual property agreements.

And it goes without saying that 90% of the text in an accounting SaaS services agreement from 2017 is going to be the same as a payroll SaaS services agreement from 2019.

Anyone who tells it differently is trying to create mystery where there really should be none.

That’s my candid and honest observation How does this insight relate to you?

As outside corporate general counsel, under our OPENgc service offering, GreeneHurlocker is keenly focused on saving a client time and money while still delivering the legal assistance a client needs, when they need it. We avoid reinventing wheels. We’ve been practicing enough years, in widely varying industries and for companies of all sizes, to have an experienced, intuitive sense of what works and what doesn’t, and how the work we’ve done before may apply to the work we are doing for a client now. When a client picks up the phone and asks for an individual contract to be done or an entire deal to be quarterbacked, the client can rest assured we are not starting from scratch. Instead, we’re applying all the knowledge and work we have already done.

We’re here to guide you to the end of your deal. But we also know where to start.

Welcome Creighton Boggs, our First Spring Internship

Creighton-Elizabeth Boggs, a third-year student at the University of Richmond School of Law, has joined us as an intern/law clerk working across the firm’s practice areas, Eric Hurlocker announced recently.

“Creighton will be helping us with research, document preparation and client communications in our business, regulatory and energy law areas,” Eric said.

We’ve been growing steadily since being founded in 2012 by Eric and Brian and now have seven full time lawyers. We added a partner, Jared Burden, and new office in Harrisonburg in January of 2018.

Creighton is a pending graduate of the UR law school, and earned her political science bachelor’s degree magna cum laude at the University of South Carolina. Prior legal internships have placed her in the disAbility Law Center of Virginia and the South Carolina Environmental Law Center.

“I am particularly interested in demand response, energy storage and renewable energy,” she points out.

In law school, she has been Lead Articles Editor & Manuscript Editor of Public Interest Law Review, has served on the University of Richmond School of Law Honor Council and was recognized with the CALI Award for Excellence in Animal Law, among other accomplishments. A non-profit she started as a middle school student in South Carolina raised funds to help animals in need and earned her Presidential Service Awards from Presidents George Bush and Barack Obama.

“We’re delighted to be able to offer this inaugural firm internship to a law student as talented and accomplished as Creighton,” said Eric.

The internship runs through April 2019. We’d like to introduce you to Creighton if you come to the firm’s Richmond office to meet with our business lawyers or our energy lawyers.

Great Client, Great Coverage

The Washington Post’s coverage on Sunday of our good client Shenandoah Growers of Harrisonburg affirms their rise from a small, family-owned herb farm to a national leader in flavor-forward produce selling in 23,000 stores, including 16 of the country’s top 20 food retailers. Take a look at this profile in the Washington Post Business section last Friday. The company’s process innovations and tight focus made them a great subject for the Post and an ideal client for our OPENgc legal expertise. Relentless innovation and a profound understanding of the market are the main reasons they have been successful — and among the many reasons we have been glad to serve as their general counsel for several years

If you have any questions about the services we provide to entrepreneurial and growing businesses, contact Jared Burden or any of our Virginia business lawyers.

Three Things an Entrepreneur Should Keep In Mind

Entrepreneurs are fascinating to me. They are tied to the mast by their own natures. They can’t do anything else but what they are doing. They have to create. Even when the most they get from friends, family, and the guy on the next bar seat is a cocked eyebrow, maybe even a yawn.

Most of the entrepreneurs I deal with have long come to terms with the way they are wired. To them, it’s just who they are.

As amazing as they are in their inspiration and knowledge base, they (like all of us) can often use a bit of perspective. As general corporate counsel, that’s a place I can make an impact. It’s my job to scan broadly to see the forest my client is walking through, and keep a closer eye for the falling tree that might hit him on the head.

While I am not a huge believer that something as complex as entrepreneurship can be reduced to lists, there are a few home truths that have emerged for me in doing this over and over again. It’s in the form of advice I could give any person looking to forge a business where there was nothing before.

THINK IN THE ALTERNATIVE.

An entrepreneur needs to be able to analyze a challenge along at least two separate tracks — Pro and Con, Option A and Option B, these assumptions and those assumptions. This is easy for a lawyer to say; it’s what we’re trained to do. (“I did not kill that man! But if I did, this is why I should get off.”) But you know what? We all need to do it from time to time, and someone starting a business from scratch really needs to do it.
Bill is the founder of a company that is developing a family of apps for use within the construction industry. He has always believed that the vertical he needs to focus on as the way into the industry is commercial banking. It’s the insight that got him into this venture and it’s what he’s always assumed would work best. But a friend who’s given good advice on this venture before is telling him that it’s the building trades, people on trucks like plumbers and roofers, who would adopt the product first and then evangelize it within the construction world. Bill’s intuition has done him well in life to this point, and he’s loath to step away from it now. In fact, not just “going with his gut” feels like a rejection of who he is. But Bill needs to be able to mentally take a moment and imagine a world where he’s wrong and his friend is right. He should play out both scenarios – from past first principles, through the present, and into the future. And he should do it without kicking and screaming. It’s a waste of energy.

You won’t lose yourself if you think in parallel. Your brain is big enough to keep control of the whole process and bring everything back in when it’s decision time.

EMBRACE THE LIKELIHOOD SOMEONE ELSE IS DOING THE SAME THING

I’ve sat across the table from several company founders who have given me the look of a deer in the beams of an approaching car when I’ve told them my cursory Google search has shown others are already operating in their space. In these cases the entrepreneurs have gotten so romanced with their own idea, and so deep into the feedback loop created by unexamined assumptions of uniqueness, that they’ve failed to consider that others are already there, or nearby.

There really are few new ideas under the sun. (And I plan to write a piece about why ideas, alone, are pretty worthless.) It only makes sense that in a world full of smart people who, receiving the same inputs and experiencing the same things as you, would hit on your idea.

A new company is the most compelling when it is the first to market to solve a pain – or, better put, the first to (i) solve the pain (ii) with a sustainable business model. It can also be pretty compelling when there are folks already doing what you do, but you have some special angle on it – which may be no more genius than really good branding or deep industry knowledge. You need to know which of these scenarios – commodity or non-commodity – apply to you before you can really have any business entering the marketplace. They are very different realities.

You can’t know any of this before you fall out of love with your idea for a brief moment and survey the landscape with a sharp and skeptical eye.

REALIZE THAT YOU ARE YOUR BEST PRODUCT.

You will probably abandon your original business concept. It’s natural, somewhat inevitable, and completely healthy. It’s not failure. It’s life. We didn’t get dating right the first time we tried it. When we finished a term paper in college it probably was about something different than when we wrote the first word of it. Reflective light technology revealed that Da Vinci first had Mona Lisa looking off to the side, without her half-smile.

The original idea is what gets you into the game. Without the original idea you wouldn’t have had the reason to start the journey. But it will almost certainly not be what your product or service actually turns out to be.

What will still be there is you. Which, to me, means that you are the real product.

Smart early-stage investors know it, or come to know it if they see enough deal flow. There are a lot of ideas, a million slices of the pie of industry – lots of places to do good work. Lots of opportunity. But there are only so many people really who have the persistence and character to think as clearly as spring water while at the same time wading chest-deep in muck. These people are pretty rare.

It’s rare because it’s hard. The born entrepreneur has a leg up, because he really has no choice but to work to become that person. He may not know that’s what he’s doing, but he’s doing it nonetheless.

If you would like more information on these entrepreneurial essentials or have an issue in business law, please contact me or any one of our Virginia corporate law attorneys.

Nutriati in the News, Again

We were excited when our morning edition of RichmondBizSense arrived in our inbox to see our client Nutriati covered in some detail. This innovative client has been pioneering a chickpea-based food additive and the industry’s interest in their products is gaining momentum. We’re glad so many are paying attention to their work.

If you  have any questions about our business law work or have an issue you need to discuss, please contact any of our business lawyers.

U.S. Supreme Court Upholds Class Action Waivers in Arbitration Agreements

U.S. Supreme Court building.

U.S. Supreme Court building. (Photo credit: Wikipedia)

In a decision that could bode well for competitive retail energy suppliers, the U.S. Supreme Court on May 21, 2018 upheld employers’ arbitration agreements containing class action waivers. In a 5-4 opinion by Justice Gorsuch in Epic Systems Corp. v. Lewis, the Court deemed the arbitration provisions enforceable under the Federal Arbitration Act, 9 U.S.C. § 2 et seq., which requires courts to enforce an arbitration agreement unless there are grounds to refuse to enforce it under the Act’s savings clause (e.g. fraud, duress, or unconscionability).

In Epic Systems Corp., the employees challenging the arbitration agreements argued that mandated individualized proceedings (i.e. class action waivers) conflicted with language in the National Labor Relations Act, rendering the agreements unenforceable. The Court rejected the employees’ arguments, holding: “Congress has instructed in the Arbitration Act that arbitration agreements providing for individualized proceedings must be enforced, and neither the Arbitration Act’s saving clause nor the NLRA suggests otherwise.”

While this case involved employment contracts rather than retail energy supply contracts, the Court’s precedent upholding arbitration agreements with class action waivers is a good sign for retail energy suppliers concerned about potential class action claims.

If you have questions or would like to learn more issues to consider when preparing retail energy supply contracts, please contact one of GreeneHurlocker’s energy and regulatory lawyers.

Collin Atkins Joins Business Practice

Collin Atkins, business lawyerCollin Atkins, a business attorney in private practice in Richmond, has joined the business, renewable energy and corporate law practice of GreeneHurlocker PLC, co-managing member Eric Hurlocker announced today.

“Collin joins us with significant experience working with corporate clients, as well as a number of years as in-house counsel for a manufacturer, which will enhance and expand the services that we provide to our business and renewable energy clients throughout the region,” Eric said.

Atkins focuses his practice on assisting clients who require advice in formation, contract drafting, and employment and regulatory concerns. In addition, he offers counsel on a wide variety of commercial agreements across different industries, including distribution, manufacturing, service, and technology related industries, which will contribute to the expansion of the firm’s OPENgc services.

“I’m excited about joining GreeneHurlocker and partnering with clients who are growing and expanding their businesses,” Collin explains.

Atkins will be based in the firm’s Richmond office, but will also have an office at the firm’s  Harrisonburg location to support the firm’s growing practice throughout the Shenandoah Valley.

Atkins earned his undergraduate degree in history from Presbyterian College in Clinton, South Carolina. He earned his J.D. at the William & Mary Law School, where he was a graduate research fellow and a member of the William & Mary Bill of Rights Journal.

Setting a New Barre for Fitness

We were excited to read the Richmond BizSense article on our client, City Barre LLC, who is preparing to open a new fitness studio in the Scott’s Addition neighborhood of Richmond this spring. City Barre’s new studio will offer barre classes, which combines various types of exercise techniques including yoga and ballet. We are honored to have been a part of the team that has helped City Barre, and its founder Gretchen Stumpf, get to this point and we look forward to watching City Barre succeed in this exciting new chapter!

If you want to know more about how we worked with City Barre or more about business law, please contact one of our business and corporate lawyers.