Member Spotlight: Gallun Snow Interior Design Gallun Snow Becomes Employee Owned! Gallun Snow Interior Design became employee owned on October 1st. The company began in 1988 and is now a nationally recognized Healthcare Interior Design firm. They have an amazing team and are excited to be able to maintain what they have built over the …
Restructuring a business
New Models for #platformcoop Design, Part 5: Reciprocal Ownership
In this series so far, we have analyzed the potential for a sistered for-profit entity and cooperative entity to separately optimize for financing and member-orientation. Since publishing this series, I’ve received some good feedback from readers. Some have asked about additional terms and benefits that could be designed into the TechCo – Cooperative “pre-nuptial” agreement. …
New Models for #platformcoop Design, Part 4: Option B – The TechCo and Co-op Marriage
Click here to read the previous post in the series, Part 3: Option A – The Integrated Tech/Data Cooperative In light of the design and practical challenges that face certain kinds of #platformcoops, we have re-incarnated a traditional private equity strategy that houses different operational functions within separate legal structures. I call this the “TechCo …
New Models for #platformcoop Design, Part 3: Option A – The Integrated Tech/Data Cooperative
In the previous blog post, I used real estate development as an analogy to illustrate a #platformcoop. In this #platformcoop model, the technology architecture is developed, funded, and deployed within the same legal vessel as that which processes, distributes, and monetizes the throughput data. The tech platform is owned by the same stakeholders as the …
Employee Ownership Models
8/10 baby-boomer owned businesses has no succession plan. Nationally, less than 25% of businesses valued at less than $1M can find a buyer. We are living through the largest wealth transfer in human history. In this presentation, Jason Wiener explores the structures and mechanics of converting a small business to employee ownership. The presentation focuses …
The New Trusts: Democratic Ownership Beyond the ESOP
This webinar on emerging explorations on trust structures—their promise and their problems features Nathan Schneider (University of Colorado Boulder), Christopher Michael (Christopher Michael P.C.), Camille Kerr (Upside Down Consulting), Derek Razo (Purpose Ventures), Sara Stephens (Sustainable Economies Law Center), and our very own Jason Wiener (Jason Wiener | p.c.). A new generation of lawyers, investors, …
Women in the Law
It is common knowledge that women outnumber men in law school enrollment, but they aren’t sticking with the profession. While women are well represented at associate levels (approximately 46%), there is a sharp decline in the senior ranks. Only nineteen percent of equity partners are women. For every one hundred women promoted to partner, one …
PR: Francisca Pretorius Joins Firm Full Time
FOR IMMEDIATE RELEASE September 20, 2018 CONTACT: Jason R. Wiener 720.445.6860 jason@jrwiener.com www.jrwiener.com Linda D. Phillips 303.355.0401 linda@jrwiener.com www.jrwiener.com Francisca Pretorius Joins Firm Full Time Jason Wiener|p.c., a public benefit corporation, is pleased to announce that Francisca Pretorius has joined the firm in a full-time capacity. She will hold the dual roles of …
New Law: How investment in culture and people fosters innovation, collaboration and client service
Originally published on September 5, 2018 on Medium. How does a law firm, known largely as a stagnant institution, nurture a culture of trust, openness, entrepreneurship, resilience and collaboration? Read on to learn how we are liberating ourselves — from the clock and the obligations of client matters — to focus on the meaningful and necessary work of building …
Tax Advantages of Selling to a Worker Cooperative
Why Try a Worker Co-op Business owners should think carefully and develop a strategic plan for exiting a business. You, the business owner looking to sell, can leave your business by selling it to family members or third parties, merging it into a larger organization, selling it to employees through an employee stock ownership plan …