Yohanan Law

Meet Levi Paris, a Jewish musician and social media superstar whose music has captured the hearts of fans and reminds us that the magic lies not only in the music but also in the story built around it. Stay tuned for our full podcast episode on the Yohanan Law YouTube channel soon! #nyclawyer?#NYClawyer?#businesslaw #podcast #singer #jewishmusic

Does your M&A lawyer have a background practicing as a leveraged finance lawyer? Usually, the answer is no. Why is this? Because at the best private equity law firms, the clients demand to work with the best debt finance lawyers available on their leveraged buyouts. Clients don't want to work on complex creditor arrangements with M&A lawyers who merely dabble in debt. Debt finance is serious stuff. It involves bankruptcy law, UCC Article 9, and complex financial covenants. Most M&A lawyers, with exceptions, lack meaningful experience with leveraged finance. As a result, they lean heavily on their lev fin colleagues to advise clients on debt issues related to M&A transactions. In SMB M&A, this is not a factor, because most leveraged buyouts are backed by vanilla SBA loans. However, I predict many SMB buyers will eventually move on from using vanilla SBA loans, and they will start relying more on complex customized debt structures instead. When that happens, SMB M&A lawyers will be expected to act as lev fin lawyers. What do you think? Will the SMB M&A market start to move beyond vanilla SBA loans? Will the private lending sector come down to serve the lower SMB market? Yohanan Law - SMB NYC You get the information you need, in terms you can understand and act upon.

This week on the YohanTok: Retail M&A, specifically coffee shops. ? ?? Here are the 4 legal keys to buying and selling coffee shops: 1. Real Estate 2. IP and Branding 3. Taxes 4. Supplies, Workers, and Equipment

One critical piece of advice: Make sure the sale is a life-changing amount of money. Whether sustaining you through the next chapter of your life or pulling you out of financial hardship, the deal must improve your future. #BusinessExit #Entrepreneurship #FinancialPlanning #nyclawyer #NYCLawyer #BusinessLaw #lawyer #brooklyn

We're grateful for the kind words from our ATL-based financial advisor client! It’s always a pleasure to provide top-notch, cost-efficient legal support. We look forward to being your go-to firm for corporate legal needs in NYC! If you or someone you know needs legal assistance, don’t hesitate to reach out to our team Yohanan Law: You get the information you need, in terms you can understand and act upon. Free Strategy Session in the comments. Attorney advertising. Prior results do not guarantee a similar outcome.

Tell me if this is something that drives you crazy about lawyers: Some of them are SO SLOW. They'll disappear and ghost you for days like it's nothing! And once you finally connect with them, they talk SO MUCH. About nothing! Seriously, you paid money to receive actual answers to your questions, and all you got in return was long winded intellectual mumbo jumbo. Instead of talking about legal theory, lawyers should talk about the effect on your bottom line. Remember that law practice is not a liberal arts thesis presentation. It’s a service industry, just like all the other service industries. Lawyers are here to serve. So, if you are a young lawyer, remember these three mantras of client communication and you will get your own clients eventually: 1. Speed kills. 2. Get to the point. 3. Follow the money. Yohanan Law - SMB NYC

This week on the Yohanan Letter: Retail M&A, specifically coffee shops. ? ?? Free strategy session in the comments.

Safe Notes vs. Convertible Notes: Key Differences ?? Convertible notes start as debt, which converts to equity, and they accrue interest. ?? Safe notes don’t accrue interest—you’re only getting the right to acquire equity later. Big takeaway: Convertible notes offer more security with real debt, while safe notes are riskier. Yohanan Law: You get the information you need, in terms you can understand and act upon. #ConvertibleNotes #SafeNotes #BusinessLaw #YohananLaw #nyclawyer #NYCLawyer #BusinessLaw #lawyer #brooklyn #newyork

AI is Revolutionizing Contract Drafting Did you know AI can help lawyers draft contract provisions in just seconds? What used to take hours can now be done in minutes, giving attorneys more time to focus on what matters—strategy and client needs. By tapping into AI’s vast library of legal language, lawyers can ensure their contracts are backed by solid precedent and tailored to perfection. With AI tools already built into platforms like Microsoft Word, the future of transactional law is here. ???? #LegalTech #LawInnovation #BusinessLaw #nyclawyer #NYCLawyer

A big threat to AI, as a business model, is the rise of offshoring in professional services. Many AI products are targeted specifically at professional services. The idea is that certain parts of the process would be automated with the help of AI, thus saving the services provider an amount equal to the following: (A) price of getting work done with humans MINUS (B) price of getting the same work done with AI. The prices for AI products are constrained by this calculation. AI prices generally cannot go higher than the price of getting the work done by humans. Therefore, if AI is replacing expensive human labor, like BigLaw associates, the pricing of those products could be quite high, and customers would be happy to pay. For example, if you can stop paying a couple $350k per year associates, why should you care about a $50k SaaS contract to secure the best AI products possible for the associates you have left? However, the problem for AI pricing arises when you look at categories of work that are proven to be performed very well by virtual workers, e.g., financial analysis, sales, content creation, research, etc. Will companies pay big premiums to replace those categories of work? Probably not. Therefore, AI margins are constrained in those areas. Ultimately, I think futuristic SMBs should think hard about their appropriate combination and integration of (1) AI products (2) offshore talent and (3) not to be forgotten, a few highly skilled and carefully deployed US residents. What do you think? Are AI and offshoring indirect competitors or are they serving totally different purposes?