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The Entrepreneur's Guide to Business Law 5th Edition

Constance E. Bagley | Craig E. Dauchy

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  • ISBN-10: 1305972643
  • ISBN-13: 9781305972643
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Overview

THE ENTREPRENEUR'S GUIDE TO BUSINESS LAW, 5th Edition examines the stages of starting a business while highlighting legal and strategic decisions. Business Insider calls the guide "perhaps the most useful business resource you can ever read" and includes it among 25 must-reads for entrepreneurs. Students increase their legal literacy as they learn to choose the form of business entity, structure ownership, raise money, handle operational liabilities, practice strategic compliance, protect intellectual property, deal with creditors, go global, and go public. They also examine such current issues as classifying workers as independent contractors or employees, cybersecurity, and provisions for "mini-IPOs."

Constance E. Bagley, Yale School of Management

Constance E. Bagley is a Senior Research Fellow at Yale School of Management, where she was formerly Professor in the Practice of Law and Management and a Senior Research Scholar at Yale Law School. Previously, she was an Associate Professor at Harvard Business School, a Senior Lecturer in Law and Management at the Stanford University Graduate School of Business, and a corporate securities partner at Bingham McCutchen LLP. Dr. Bagley has published articles in numerous professional journals, including the Academy of Management Review, the Harvard Business Law Review, the Harvard Journal of Law and Technology, the American Business Law Journal, the Stanford Journal of Law, Business & Finance, the University of Pennsylvania Journal of Business Law, the Duke Journal of Comparative and International Law, and the Cornell Journal of Public Policy. She has coauthored THE ENTREPRENEUR’S GUIDE TO LAW AND STRATEGY and authored WINNING LEGALLY: HOW MANAGERS CAN USE THE LAW TO CREATE VALUE, MARSHAL RESOURCES, AND MANAGE RISK. She has also contributed chapters to THE OXFORD HANDBOOK ON DYNAMIC CAPABILITIES and GENERAL COUNSEL IN THE 21ST CENTURY: CHALLENGES AND OPPORTUNITIES. Dr. Bagley received her JD from Harvard Law School and her AB with Honors and Distinction from Stanford University. She received an honorary doctorate in economics from Lund University in Sweden in 2011. She is a member of the Bar of New York and of the Bar of California (inactive). Dr. Bagley has also taught at the University of Connecticut School of Business and its School of Law. She is the business school coeditor of eshiplaw.org and CEO of Bagley Strategic Consulting Group LLC.

Craig E. Dauchy,

Craig E. Dauchy is a partner at Cooley LLP’s Palo Alto office, located in the heart of Silicon Valley, and head of the Venture Capital practice group firm-wide. Cooley has 900 lawyers globally across 12 offices located in Palo Alto, San Francisco, Los Angeles, and San Diego, California; New York City, New York; Reston, Virginia; Washington D.C., Broomfield, Colorado; Boston, Massachusetts; Seattle, Washington; and internationally in Shanghai and London. Cooley LLP is one of the nation’s leading law firms providing counsel to entrepreneurs and venture capitalists. Since 2005, Cooley has been the most active law firm representing VC-backed companies going public and has ranked as the number one law firm for technology and life sciences IPOs consecutively for the past three years. Cooley has represented one-third of the market share of VC-backed IPOs across all industries and has been involved in 375 public offerings, including some of the nation’s most notable securities transactions, in recent years. Cooley represents more than 325 fund manager organizations, including many of the nation’s leading institutional investors, and has been recognized as the Venture Capital Department of the Year twice by The Recorder in recent years. Mr. Dauchy has represented entrepreneurs, emerging companies, and venture capitalists in diverse industries, including medical devices, software, health care, electronics, and consumer products, for more than 30 years. In recent years, he has been recognized three times as a “Top 100 Lawyer” in California by The Daily Journal. He is a frequent lecturer on matters relating to securities law and public offerings, mergers and acquisitions, and venture capital. He also serves on a number of advisory boards and boards of directors. Mr. Dauchy holds a J.D. and an M.B.A. from Stanford University and graduated magna cum laude with a B.A. in history from Yale University. He is a member of the State Bar of California.

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  • “FROM THE TRENCHES“ BOXES OFFER TIMELY EXAMPLES: Found throughout the book, these “From the Trenches” boxes include fascinating examples from successful entrepreneurs and venture capitalists. Many based on actual cases, they help students avoid the traps that others have failed to recognize. Issues highlighted in this feature include an employer’s responsibility to provide religious accommodations, the tension a start-up can experience when trying to comply with local rules and regulations, the increasing use of arbitration clauses that limit the right to sue, and patent infringement.
  • “PUTTING IT INTO PRACTICE" EXAMPLE PROVIDES ONGOING CASE STUDY: Based on a hypothetical company in the 3D manufacturing field, this example spans the entire text and follows two founders through the phases of starting a new venture. As they practice spotting legal issues and outlining solutions in this example, students become more prepared for a successful future in business ownership.
  • “GETTING IT IN WRITING” SECTION GUIDES STUDENTS IN PREPARING LEGAL DOCUMENTS: Now you can give students the practice they need in preparing and reviewing essential legal documents with timely, helpful samples provided in this feature, such as a venture capital term sheet and an independent contractor services agreement.
  • EXHIBITS CLARIFY LEGAL TERMS AND CONCEPTS: Summaries of key concepts and terms in these helpful exhibits placed throughout the text assist students in recognizing and better understanding the most critical legal issues. Exhibits even include a table of exemptions from federal securities registration requirements and a summary of major federal employment legislation.

The Entrepreneur's Guide to Business Law

TABLE OF CONTENTS

1. Taking the Plunge.
2. Leaving Your Employer.
3. Selecting and Working with an Attorney.
4. Deciding Whether to Incorporate.
5. Structuring the Ownership.
6. Forming and Working with the Board.
7. Raising Money and Securities Regulation.
8. Marshaling Human Resources.
9. Contracts and Leases.
10. E-Commerce and the Sale of Goods and Services.
11. Operational Liabilities, Insurance, and Compliance.
12. Creditors’ Rights and Bankruptcy.
13. Venture Capital.
14. Intellectual Property, Cyberlaw, and Licensing.
15. Going Global.
16. Buying and Selling a Business.
17. Going Public.

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