Milgrom & Daskam Blog

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Real Estate Law

Mastering Commercial Lease Negotiation: A Tenant’s Guide to Success

Negotiating a commercial lease can be a daunting task for tenants, with significant implications for their business operations and bottom line. Whether securing office space, retail storefronts, or industrial facilities, tenants must navigate the complexities of lease agreements to maximize benefits and minimize risks. In this blog post, we offer

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Real Estate Law

Securing Tenants’ Obligations: Cash is King, Right?

Tenants often need to provide some financial assurance, commonly known as security, to ensure they fulfill their obligations under a commercial lease. Two widely used forms of security are the cash security deposit and the standby letter of credit.

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EMPLOYMENT LAW

Colorado Legislature’s Changes to the Employment Landscape in 2023

2023 saw Colorado’s legislature pass a series of new employment laws that have continued to shore up employee-friendly laws across the state. These include changes to the Colorado Equal Pay for Equal Work Act (CEPEWA), the Colorado Anti-Discrimination Act, the Colorado Healthy Families and Workplace Act (CHFWA), and the Colorado

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INTELLECTUAL PROPERTY

Will Artificial Intelligence Kill All the Lawyers?

A recent article in the New York Times reminded me that more than ten years ago, lawyers were considered an endangered occupational species as our livelihoods were the most at risk from advances in artificial intelligence (AI).
Has AI been reading Shakespeare’s Henry VI, Part 2, Act IV, Scene 2

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Intellectual Property Ownership Issues and Considerations 

Intellectual property ownership issues are quite common. Such ownership issues often arise when proper agreements are not in place from the very beginning of a business engagement. Without a written agreement, a third-party contractor or an individual hired to perform certain services may own intellectual property rights in any resulting

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BUSINESS & CORPORATE LAW

Business Transition Planning

As a member of the Baby Boom generation, I am advising more and more Millennials who are exploring business acquisitions; primarily involving companies owned or controlled by my Boomer peers. A majority of the estimated 15 million privately owned business in the United States are owned by people born before

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The Impending Corporate Transparency Act 

In the rapidly changing landscape of corporate governance, the Corporate Transparency Act stands out as a significant piece of legislation aimed at curbing illicit activities and enhancing transparency in company operations. For businesses, investors, and legal practitioners, understanding the Act is vital not only for compliance but also to stay

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REAL ESTATE LAW

Mastering Commercial Lease Negotiation: A Tenant’s Guide to Success

Negotiating a commercial lease can be a daunting task for tenants, with significant implications for their business operations and bottom line. Whether securing office space, retail storefronts, or industrial facilities, tenants must navigate the complexities of lease agreements to maximize benefits and minimize risks. In this blog post, we offer

READ MORE >>

Psychedelic Healing Centers in Colorado: Are Landlords Prepared?

In November 2022, Colorado voters approved Proposition 122, known as the Natural Medicine Health Act of 2022 (NMHA). This legislation decriminalized the personal use and possession of certain psychedelic substances, including psilocybin and psilocin mushrooms. Additionally, the NMHA established the legal foundation for healing centers – places where adults may

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MORE BLOGS

Is the End Near for the LSAT?

The “Test-Optional” movement for law school admissions is gaining ground, and the recent Supreme Court case eliminating affirmative action in higher education admissions practices could be playing a part in the change.

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A Last Minute Marital Agreement is Not in Your Interest!

Marital agreements, often called “prenups”, can be tricky to navigate. Love is in the air, but that doesn’t mean you have to leave discussions regarding your marriage up in the air, also. Often clients will contact our firm with questions about marital agreements. Below are some tidbits for thoughtful consideration!

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Entity Selection: How QSBS Could Save You Millions in Taxes

I often work with entrepreneurs starting new ventures. While there are multiple considerations for new businesses, the first important item to address is entity formation, governance, and finance/ownership. This is the starting point to get your venture headed in the right direction.

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Should I Consider an Ethical Will?

A Last Will and Testament seems to be on most people’s radar, especially individuals with young children, individuals who have lost a loved one, or just individuals who consider themselves to be “Type A” planners. But what about an ethical will? What is an ethical will and why might you

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Navigating and Complying with Colorado’s New Consumer Privacy Act

On July, 7, 2021, Colorado Governor Jared Polis signed the Colorado Privacy Act (CPA or “the Act”) into law. With that pen stroke, Colorado joined California and Virginia as the third state to enact comprehensive consumer privacy legislation. While the law does not take effect until July 1, 2023, Colorado

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When Shares are Not Cares

As attorneys representing startups, Milgrom & Daskam knows that early-stage businesses often have many needs and not much capital to meet them. This often results in startups bartering for services using whatever currency they have. Sometimes this results in interesting exchanges (two hundred pounds of Valencia oranges in exchange for

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Should You Seek Foreign Intellectual Property Protection?

If you plan to conduct business abroad or have an online business that reaches customers abroad, you should consider seeking international intellectual property protection. Intellectual property protection is often limited to the country where you conduct business and/or where you file for protection with the respective foreign intellectual property office.

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Not All Who Wander are Lost

When I joined Milgrom & Daskam at the height of COVID, I wasn’t sure what the future would look like for me or this relatively young firm. We were giving up our physical office space in downtown Denver and embarking on a new vision for remote workers. Up

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Estate Planning for Women: Helping with Control

Let me get it out of the way…the elephant in the room after such a polarizing title. Estate planning is for everyone. Period. Regardless of your age, your marital status, your perceived wealth, or your family size, everyone benefits from preparing for the unexpected, covering essentials, ensuring a lifestyle, and

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Dude, Diligence?

The due diligence process in the purchase and sale of a business can seem daunting and cumbersome. Any attorney or financial professional worth his or her salt will tell you that conducting adequate diligence is paramount and, despite what will almost certainly feel like an unnecessarily lengthy and intrusive process,

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DON’T GET NFTEASED

It’s 2022, and everyone from Snoop Dogg to the cashier at your local supermarket is creating or sponsoring their own NFT project, including many of our Firm’s clients. NFTs (non-fungible tokens) might be a revolutionary way for artists and collectors to control their work, but they are currently a Wild

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Running a Business – Remotely

About three years ago, I spent a year living and working remotely from Europe. My experience was unique and interesting enough that I was featured in a series called Digital Nomad Life in Croatia. Of course, many people had been working remotely for years, but it hadn’t really become mainstream.

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Trademark Symbols and When to Use Them

Given their constant presence in our daily lives, the symbols ® and TM are very familiar to most of us. But what do they actually mean? And as a business owner, how do you know when to use them?
Both symbols refer to U.S. federal protection granted to the logo

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LLC Member Bankruptcy and Automatic Buy-Out Provisions

When an LLC member claims bankruptcy, or otherwise becomes insolvent, it can pose problems for the LLC and other members. Many operating agreements contain provisions addressing this scenario, which often allow for the other members to immediately purchase the membership interests of the bankrupt or insolvent member. The buy-out process

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