The Mavacy Five: How We Live Our Values Every Day At Mavacy, culture isn’t a poster on the wall. It’s the daily standard that guides how we work, how we serve others, and how we treat each other. Culture shows up in actions, not words. That’s why our values are clear, practical, and lived in […]
In the demanding world of legal practice, attorneys often find themselves overwhelmed by non-billable tasks, administrative duties, document management, and client communications that detract from their core legal work. This not only hampers productivity but also affects work-life balance. The Hidden Costs of Non-Billable Work A Bloomberg Law survey revealed that attorneys spend over […]
For clients with significant wealth, traditional financial planning strategies often fail to address the full scope of their needs. Rising tax rates, market volatility, and the looming reduction in estate tax exemptions make it increasingly important to explore advanced tools that can protect assets, enhance after-tax growth, and ensure wealth is preserved for future generations. […]
Every morning, in the professional world, leaders step into arenas where decisions carry weight, relationships define outcomes, and reputations are built or broken in a moment. The instinct in those high-stakes moments? Show confidence. Project control. Never let them see you sweat. It’s what we’ve been taught: vulnerability is dangerous. But neuroscience, psychology, and the […]
As a business owner, having a clear understanding of your legal needs—and how best to work with an attorney—is essential. When a lawyer fully understands a client’s business operations and challenges, they can provide tailored guidance that defines the scope, budget, and timeline for legal work. Establishing these parameters not only helps manage expectations but […]
It’s no secret that there has been growing pressure surrounding law firm succession planning. Are you panicking or proactively planning? Thomson Reuters as well as the American Bar Association (ABA)’s latest reports indicate that while the urgency of succession planning for law firms is increasing, many still struggle to prioritize it due to other immediate […]
Practicing radical transparency is the best way to ensure your succession plan’s successful integration. Are you ready to lay it all out there? Yes, there are other tactical components to a successful integration including due diligence, financial structuring, client onboarding, and more. However, without a foundation of complete honesty, mutual trust, and clear communication, the […]
Bringing up succession with your team can feel uncomfortable. You’ve built trust, loyalty, and momentum and the last thing you want to do is cause confusion or concern. But here’s the truth: your team can handle it. More than that, they want clarity. When you approach succession the right way, the conversation builds trust, aligns […]
What used to be seen merely as a one-time exit strategy for founding partners is now recognized as a critical opportunity to prove that there is growth and prosperity in your firm’s future. So, is there? The rigid constraints of traditional internal buyouts or forced external sales are an old and tired model that fails […]
There’s a myth in the legal world that you’re supposed to work until you drop. That succession equals retirement. That no one else can serve your clients like you do. That mindset isn’t just outdated, it’s limiting. And it keeps too many great attorneys stuck. Here’s the truth: succession planning isn’t about stepping away. It’s […]
You’ve spent years building your firm. You’ve served clients, hired a team, and driven results. But here’s the truth: most law firm owners wait too long to think about succession, until they’re exhausted, someone quits, or life throws them a curveball. Succession planning isn’t about stepping away tomorrow. It’s about protecting your future, preserving your […]
You’ve spent years building something meaningful. You’ve fought for clients, grown a team, and made a name for yourself. But here’s the hard truth: if you don’t have a succession plan, your firm’s future might be entirely dependent on your presence and that’s a risk. Succession planning isn’t just about retirement. It’s about control, legacy, […]
At Mavacy, we believe legal counsel should not only protect your business but be a powerful tool to drive your growth and success. Navigating venture capital funding is a defining moment for any entrepreneur, and it all starts with one critical document: the term sheet. Let’s dive into how understanding and negotiating your term sheet […]
Let’s face it – business isn’t just about strategy and execution. It’s about people. And when you’re building something alongside other co-founders, partners, or investors, hard conversations aren’t optional. They’re inevitable. At Mavacy, we work with entrepreneurs who are bold, visionary, and growth-driven. But we’ve learned that no matter how smart or strategic you are, […]
Share the Post: In today’s high-speed, high-stakes work environment, team meetings often feel more like task lists than opportunities for connection. But what if one intentional adjustment could shift the entire tone – and effectiveness- of your meetings? At Mavacy, we’ve seen firsthand the cultural shift that happens when meetings begin with team members sharing […]
As an entrepreneur and attorney who has had the privilege of advising hundreds of startups, scaling companies, and visionary founders, I can tell you with confidence: you can build the best product, land major clients, and still have it all unravel – because you didn’t put the right legal structure in place. Let’s talk about […]
Some of you may have heard that data is the new currency. If not, don’t get caught up on it. The real game-changer in today’s world? Speed. Speed is the world’s new currency. It makes complete sense—time is limited, and if you don’t move fast, someone else will. Whether in business or running a household, the […]
In the whirlwind of running a business, it’s easy to overlook some of the more mundane aspects of operations—contracts being one of them. Yet, contracts are foundational to business success and stability. A well-negotiated and carefully drafted contract clarifies relationships, expectations, and protects your business from significant risks. Conversely, a poorly constructed contract or oral […]
As a business owner, you rely on your lawyer for sound advice on various legal and business matters. However, may be instances when the guidance you receive falls short of your expectations. It’s crucial to distinguish between a a misinformed opinion and potential malpractice. Here’s how to distinguish between well-intentioned guidance and a genuine lapse […]
Defining Legacy What do you want to be remembered for? At Mavacy, we believe a legacy is more than just a footnote in history—it’s the enduring influence or contribution you leave behind. It’s your indelible mark on the world, shaping the future through your innovative actions, decisions, and approaches that set you apart from the […]
As attorneys, we dedicate our careers to serving our clients, upholding justice, and ensuring that the rule of law prevails. However, we must also prepare for the inevitable transitions in our professional lives. Unfortunately, so many attorneys fail to think about this – similar to the proverbial tale of the cobblers kid’s shoes being the […]
This article is part of a series of articles regarding the Corporate Transparency Act (“CTA”). You may have recently heard a lot about the CTA, this article highlights some of the frequently asked questions we receive regarding the CTA. What is the CTA? In 2020, Congress passed the Corporate Transparency Act (“CTA”). Under the CTA, […]
In the world of law, the image of the high-powered attorney effortlessly juggling cases while living a life of luxury is a common trope. However, the reality is far less glamorous. The practice of law is often grueling, taking a heavy toll on lawyers’ well-being and, consequently, the quality of service they provide to their […]
Navigating Equity Grants and Section 83(b) Elections for Startups When launching a business, it is common for founders and employees to receive equity grants and stock options as part of their compensation packages. These equity incentives allow recipients to share in the company’s growth and success. However, understanding the tax implications of equity grants and […]
For privately held companies, raising capital is a crucial step towards achieving growth, expanding operations, and meeting long-term goals. However, this process can be fraught with challenges and regulatory complexities. In this article, we delve into the critical factors influencing a privately held company’s fundraising efforts and the guidelines for compensating individuals who assist in […]