PRACTICE AREAS

Business and Transactional Law

3rd Gen Law Group LLP serves clients in the areas of business and transactional law. We were founded on the principle of providing sophisticated clients with exceptional legal expertise and services in the most cost-efficient manner possible. At 3rd Gen Law, we thrive on creating and maintaining a standard of professionalism that sets us apart. Our ability to comprehend complex corporate issues and provide efficient, productive solutions enables us to foster a close relationship with both new and longstanding clients. We are proud to retain top talent in the legal areas of general corporate law, mergers and acquisitions, real estate, intellectual property, technology transactions, commercial contracts, and outsourcing.

Our practice covers the following disciplines:

• Commercial Contracts

  Commercial contracts are the cornerstone to successful business operations. The business our clients conduct daily needs to be protected with a variety of commercial contracts, including supply agreements, in- and out-license agreements, collaboration agreements, data privacy agreements, product and service terms of use, warranties, nondisclosure agreements and other agreements concerning the protecting of intellectual property creation, and other services to name just a few. A cornerstone of modern business is the rising importance of intellectual property in the conduct of day-to-day business operations and the sale of products and services to business and consumers intersecting with the outsourcing of critical business functions, whether an entire operation or merely the use of contractors as part of that function. A company’s failure to properly construct its own commercial contracts or review the contracts of its suppliers can put its intellectual property at risk and expose it to avoidable unnecessary risks and liabilities in the event of a failure in the relationship between the parties. Our expertise working with Fortune 500 companies, government contracting companies, technology start-ups, and global conglomerates affords us the opportunity to understand a wide range of business needs, provide comprehensive agreements to help our client’s businesses succeed and provide cost-effective protection of the value of their enterprises.

• Emerging Growth

  Our team at 3rd Gen Law has a keen understanding of emerging growth companies from small start-up ventures to angel and venture-capital companies. We work with early stage companies across technology and other industry sectors, advising them on formation, equity structure, financings, protection of intellectual property, transactional issues associated with creating new product lines or operations, and the development and negotiation of vital agreements. Our ability to understand how our clients do business and leverage their strengths throughout the initial formation stage and early phases of corporate growth allows us to build dynamic, trusted relationships with our client partners. Whether forming a new technology company, bringing a new product to markets or structuring a financing deal to secure capital funding, our team of seasoned lawyers finds cost-efficient ways to create effective solutions.

  We also use this understanding and experience to assist both new and serial entrepreneurs to structure their transactions with the emerging companies they start, run, or invest in.

• General Corporate – Formation, Governance and Strategic Counseling

  At 3rd Gen Law, we provide our clients with a broad range of general corporate legal services. Whether advising an IT solutions, software, strategy analytics, or real estate development company, we aim to understand our clients’ expectations and each facet of their businesses to advise them on the most appropriate legal strategy. Our lawyers have expertise in guiding companies through the development of intricate agreements related to shareholder and employment relationships, company equity plans, and corporate governance. As corporate entities make the important decision to leverage existing operations and establish spin-off organizations, we help them put pertinent agreements in place and secure necessary funding. We are also able to serve our clients as a virtual general counsel, advising corporate leaders on daily matters and helping them to grow their existing lines of business.

• Intellectual Property

  Assisting companies in the protection and exploitation of their intellectual property rights is of vital importance to our team at 3rd Gen Law. Understanding changing legislation and regulations ensures that we provide our clients with the most up-to-date information when it comes to protecting their intellectual property assets. We counsel clients on each stage of their intellectual property development, from establishing early agreements with employees to structuring transactions to protect against claims from outside entities.

  Our team works hard to draft and negotiate contracts to protect intellectual property rights, so our clients can focus on building their businesses and brands. We counsel clients on the exploitation and protection of their intellectual property, and work closely with other law firms specializing in securing patent and trademark protection to ensure our clients’ intellectual property assets are protected by registrations domestically and if desire throughout the world. We also provide our clients with due diligence services related to their intellectual property or the intellectual property of a company that our clients want to partner with or acquire. Among a multitude of industries served, we work with software, outsourcing, web-based companies, consumer packaged goods, heavy industry, and biomedical industries.

• Mergers and Acquisitions

  Our team of lawyers has extensive experience in the area of mergers and acquisitions, advising clients on complex mergers, acquisitions, and divestures. We provide legal assistance in all phases of the transaction from letters of intent to due diligence to the negotiation and completion of legal documents. As companies move through the stages of establishing their newly acquired entities or merging with other companies, we advise them on post-transaction corporate matters related to corporate equity plans and corporate governance issues as well as negotiating the pertinent agreements that help protect corporate assets.

• Outsourcing and Cloud Computing

  At 3rd Gen Law, our lawyers understand the need to support our clients with all aspects of their outsourcing operations. We have legal expertise in counseling our clients who are engaging in business process outsourcing of corporate information management functions as well as outsourcing of infrastructure, technology, and manufacturing, including the issues that arise through the shift towards the use of third-party managed cloud computing resources. In a global economy, it is not only possible to increase efficiency through outsourcing, but it is often a strategic decision enabling greater productivity and profitability. Understanding the strengths and weaknesses related to outsourcing core corporate functions is part of our legal counsel to clients seeking new opportunities. We have clients of all sizes who operate across a broad spectrum of services, and represent both business process and cloud computing outsourcers as well as business customers of outsourcing and cloud computing providers. We develop partnerships with these clients to ensure that we are providing top quality expertise to enable them to focus on their core business while outsourcing functions that will improve their bottom line. It is critical that when clients engage in outsourced activities, they forge trusted relationships with their outsourced partners to preserve the integrity of their business. We value the trust our clients put in our ability to protect their most important assets.

• Technology Transactions

  The issues that exist in today’s digital era simply did not exist a decade ago. Technology changes the landscape of how companies do business, and it is this technology that is ever-changing in an increasingly fast-paced society. It is our relentless pursuit of protection that enables us to guide our clients as they navigate the complex digital environment.

  Our team at 3rd Gen Law understands the interests of technology companies the entrepreneurs who start them. We work with clients from small start-up technology companies to larger established companies seeking to start new brands. Our legal work for our technology clients ranges from developing sales and licensing models for new technologies to representing companies in all transactional aspects related tostarting new technology companies. We guide our clients through the establishment of terms and conditions agreements for the sale and licensing of products, developing manufacturing agreements, negotiating marketing and distribution arrangements, and composing terms for acquiring or divesting technology. Our clients respect our attention to detail and professionalism when dealing with confidential matters in a high-paced environment.