It has long been said that data — consumer data, in particular — is the “oil” of the 21st century. Much like its industrial predecessor, raw data holds enormous latent value: it reveals what consumers want, anticipates needs they have yet to articulate, and empowers businesses to make informed, strategic decisions about growth. Yet just as oil carries environmental risk, data carries legal and reputational risk — and the regulatory environment governing it is tightening.

Every year, businesses large and small sign contracts they do not fully understand. The fine print is dense, the legalese deliberate, and the billable hours for a seasoned attorney to comb through a multi-page commercial agreement can stretch into the thousands of dollars. It is little wonder, then, that the arrival of AI tools capable of parsing complex text has prompted an obvious question: 

Can AI do this job — and do it well?

The short answer: Yes, remarkably well, for many things.

 But “many things” is not “everything,” and the gap between those two phrases is where real legal risk lives.

It’s important to end the year on a good note not just for yourself and your family but also for your business. Handling business compliance matters now allows you to enter a new year ready to run a successful business.

A look at what annual filings non-profits have to do to stay in compliance in California.

As companies have been adding AI services into their workflow, naturally, there comes an additional set of technology agreements with AI service providers. As with any new technology, there are contractual issues that everyone needs to be made aware of. We’ve compiled five of the most common issues we see in AI Technology Agreements that our clients should look out for. 

While it may be easy to assume that nonprofits are simply businesses that “do good,” the differences go much further.  

The primary purpose of a non-profit is to serve a charitable, educational, social or religious mission, while the primary purpose of for-profit is to generate profits for its owners. 

You would not drive your brand-new car without carrying valid car insurance; so why would you spend countless hours designing and developing software algorithms and source code without obtaining the proper protections afforded by intellectual property law?

By asking the seven questions in this blog post, you can find an M&A attorney with the skill, experience, and confidence required for a successful merger.

Smart legal workflow systems are key for all companies – but especially important for those that are growing (or plan to). Whether you are planning on going public, growing by a merger or an acquisition, or just naturally adding services & staff – all forms of growth add to your legal needs, and to the complexity of your existing needs. 

Non-profits need solid legal advice to operate effectively - in fact, they may need just as much (if not more) legal help as for-profit businesses. Learn why!

Are you choosing a corporate lawyer for your new California business? Our guide has everything you need to know!

Although no two Merger & Acquisition (M&A) transactions are the same, certain aspects of M&A process are common to most transactions. We have listed some of the key considerations for due diligence to help you establish key information about the target business.

If you are an In-House Counsel, or part of an In-House legal team, it’s time for you to start thinking about next year’s workflow. 

At Parsus, we love having planning conversations with our clients, so that we can help them plan how to best allocate their resources to help them meet their goals.  We wanted to share what those conversations look like - to give you ideas for planning for your in-house needs for 2025. 

The very first step in setting up a legally sound business is deciding what type of entity you are: an LLC or a corporation. There are many similarities between the two terms, but there are some key differences that you need to be aware of. Here’s our breakdown of LLCs vs. corporations.

A strong brand is an important asset to a business and can be critical in attracting consumers and establishing a unique identity.  A catchy name, logo, or slogan can help you stand out from your competitors, and positive connotations established by branding efforts can often mean the difference between failure and success

Bringing on a team is an exciting part of starting your own business. It’s great to share your passion with other people — and to be a part of supporting them and their families. But it can be complicated to decide what kind of team member they are.

At Parsus Law, our California M&A attorneys support businesses of all sizes and across all industries during every stage of the M&A (Merger & Acquisition) process, with a focus on early & strategic planning

A confidentiality agreement, often called a Non-Disclosure Agreement or NDA, is a legal agreement that protects discussions between parties by specifying what information will be considered confidential and how such information should be used by the recipient.

If your business provides services to clients or hires service providers on an ongoing basis, a Master Services Agreement (“MSA”) can be a valuable tool for managing your business relationships. In this article, we will outline 7 key provisions that should be included in an MSA to ensure a successful and mutually beneficial business relationship.