The Katz Law Firm announced this week a program to provide legal services to socially conscious business ventures in southeast Michigan. The Birmingham law firm will waive its fees for counseling and advising investors and entrepreneurs involved in an enterprise using a low profit limited liability company (“L3C”) for their start-up venture.
The program is designed to provide much needed legal counsel to those companies playing a vital role in the communities they serve. The firm will counsel these clients to assist their compliance with state laws, maximize tax efficiencies where necessary, and help them develop an ownership structure compatible with the company’s mission in accordance with Michigan’s Limited Liability Company Act, which governs L3C enterprises. All legal fees for services involved in counseling and planning will be at no cost to the startup.
“Everyone needs a hand when starting a business venture,” says Donald Katz, the firm’s managing member. “By assisting worthy causes with legal and tax issues related to their startup, we also benefit our community and contribute to supporting business development in southeast Michigan.” Katz says that investors and startup entrepreneurs willing to tie social responsibility with business success are deserving of his firm’s support and expertise.
For additional information, visit www.donaldkatzlaw.com.
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