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The United States is notorious for its litigious nature. From Europe, it appears that everyone is suing everyone else.Or so it seems...

Today we are back in Austin, Texas, and what a lovely day it is to be back. We head to a local law firm to meet Joe Fulwiler, a Texan lawyer who specializes in small business law.


He gives us a quick beginners guide to American law and how it affects someone who’s moving their business over to the states.


From minimum wage increases to litigation and intellectual property rights, he gives us a great rundown on the crucial legal matters that you need to know.


”People are sometimes surprised at how complex the legal system is.”


– Joe Fulwiler


 


Time Stamps:

1:41 – What you need from a lawyer when moving a business to America.


3:15 – The differences between state and federal law


5:19 – Benefits that running a business in Texas has compared to other states.


8:25 – The possibility of the minimum wage rising in Austin.


9:30 – The differences in setting up a business in Delaware compared to Austin.


11:03 – How litigious America really is and the possibility of getting sued.


15:33 – How it works if you’re sued by someone in another state.


16:40 – How large legal firms are set up in America.


17:27 – The type of law that Joe specializes in.


19:43 – The advantages Joe has from his experience of being a CPA.


20:40 – The most common legal form to use in America.


22:27 – The intellectual property rights and laws within Texas.


24:20 – What taxes businesses need to pay in the States.


25:37 – The first legal issues you need to consider when moving your business to America.


 


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