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The Legal Checkup

Dentists typically recommend that a person’s teeth be cleaned every six months and that oral x-rays be taken at least once every year. Internists recommend that a person receive a physical examination annually. Pets visit the veterinarian for vaccinations and well-care appointments. Vehicles need oil changes and regular maintenance. Your personal and business legal affairs are no different and require regular “legal checkups.” Much like going to the dentist, the idea of meeting regularly with your attorney is probably not going to excite you; but now more than ever, periodic communication with your lawyer is essential. This is even more true for online and adult business operators. Unfortunately, far too many web entrepreneurs wait too long and ultimately reach out to their attorneys when trouble has already come their way. In many instances, the legal problems encountered could have been prevented had a “legal checkup” taken place. The law in the United States and throughout the world is constantly changing. It is naïve to think that just because a certain activity was legal in 1998, that it is still legal in 2017. In my experience, adult entertainment business operators can be stubborn and unintentionally engage in conduct that may have…

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Adult Business Attorney, Corey D. Silverstein – 2017 Phoenix Forum Speaking Schedule Announced

On February 12, 2017, the Law Offices of Corey D. Silverstein, P.C. announced that porn lawyer, Corey D. Silverstein would be attending this year’s Phoenix Forum. It is with great excitement to report that adult industry attorney, Corey D. Silverstein, has been invited to speak at the Phoenix Forum on multiple seminars/workshops. Here is a schedule of the seminars that adult industry lawyer, Corey D. Silverstein has accepted: Business 101 panel With extensive experience and backgrounds spanning the industry, esteemed panelists offer a glimpse into what it takes to own, operate, and optimize an adult online business in today’s diverse environment. Topics include legal issues, mobile strategies, effective billing, and payment services. When: Thursday March 23, 2017 – 12:00pm – 1:00pm Where: E – Classroom Sweets with Security panel With hackers making news each month, content, passwords and login information, credit card data, all the bits of information that reside on your site are up for grabs, unless you’ve conducted penetration tests and secured every door and window. How do you protect your consumer while protecting your business? Consumer protection and privacy are leading the conversation and can make or break your business with consumers. Panelists will discuss the best…

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Adult Business Lawyer, Corey D. Silverstein, Speaks About Understanding Laws & Regulations

Adult Business Lawyer, Corey D. Silverstein, Talks About Understanding The Laws & Regulations That Can Affect Your Bottom Line. This past January 16, 2017, adult business attorney, Corey D. Silverstein was invited to present at the 2017 Internext tradeshow in Las Vegas, Nevada. For those of you that missed this incredible educational opportunity, here is the video of the complete presentation. This is a great opportunity to hear from adult industry lawyer, Corey D. Silverstein himself, and his thoughts on some of the biggest developments in politics and the laws that affect the adult industry. As always we encourage you to contact adult industry attorney, Corey D. Silverstein by visiting our contact page.

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Let’s Talk Digital Marketing and Law

We had the pleasure to sit down and talk with Corey, owner of the Law Offices of Corey D. Silverstein, P.C.. Corey has extensive knowledge in the digital marketing field. When we asked Corey what he saw as the biggest errors for those just starting out in digital marketing make, he was quick to answer. You Need an Agreement This may seem a matter of common sense in most businesses, but Corey indicates people sometimes underestimate the need for a good agreement in their excitement over opening a digital business. He cautions that it is still a business and must be thought of as such. When asked what type of information is necessary in a good agreement, he named several factors: *Profit/Loss distribution - Everyone gets excited about the prospect of earning money and often don't consider how the profits will be divided. What is even more likely to cause conflict is deciding how a loss will effect each member of the deal. In regards to any business, Corey cautions, even family members need a legally binding agreement when money is involved. *Ending of partnership - What terms are in place if one partner decides to pull out of the…

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Law Between the Sheets: Independent Contractor or Employee?

All too often, adult business operators spend so much time focusing on things such as obscenity, record-keeping and intellectual property that they neglect some important corporate issues, including taxation and employment law, which can have a tremendous impact on a business owner. Make no mistake about it, adult business operators need to be concerned with obscenity, record-keeping and intellectual property, but at the same time, they should not be forgetting about some other very important areas of corporate law. Every year around tax season, my office receives numerous telephone calls from clients (individuals and businesses) with concerns related to their own worker status or the worker status of someone providing services on their behalf. The classification of a worker as an employee or independent contractor is very important and any misclassification can create numerous issues. As you read through this article, it is essential to remember that you should always consult with your own attorney and accountant when it comes to employment law and taxations issues. Additionally, the IRS’ website, IRS.gov, contains a library of material that should be used as a resource for employers, employees and independent contractors. Please note that this article is based on U.S. federal tax…

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Acquiring Online Businesses

2013 was a busy year in the online adult industry; especially in terms of business purchases, sales and mergers. Online businesses were purchased at record prices in 2013 and I expect that 2014 will continue the trend. This is the first of a series in which I will discuss some of the more important do’s and don’ts when purchasing an online adult business. This article is not meant to replace the services of an attorney nor is it meant to be an inclusive list of everything that a purchaser should do. Part 1 will focus on a purchase from a buyer’s perspective while Part 2 will focus on a purchase from a seller’s perspective. Keep watch for Part 2 in XBIZ World. Due Diligence I am always amazed by how many purchasers contact my office in the course of purchasing an online business and have no idea what they are buying. The seller of an online business or any business for that matter is always going to present its business in the most favorable light in order to attract more potential buyers and obtain a better purchase price. As the saying goes “don’t buy a book by its cover;” do…

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Let’s Talk Content and Licensing Agreements

As I write this column, the holiday season has arrived and with it the end of the year. And when the new year rolls around, the adult industry enters into one of the busiest trade show schedules of the year. In the month of January alone, AVN presents an array of shows in Las Vegas: the AVN Adult Entertainment Expo—both the B2B show and the Fan Fest—the Adult Novelty Expo, the AVN Awards Show, and InterNext. Also in the month of January, XBiz presents XBiz 360. Trade shows are a fantastic way to network, learn, improve and grow as a member of the adult industry community, and I urge you to take advantage of the many benefits of the trade shows. I have been attending AVN-sponsored trade shows for over a decade and I am continuously amazed by the great seminars and speakers put together by the AVN team. There is a good chance that you are reading this article while you are at one of the trade shows mentioned above and I encourage you to attend as many seminars as possible. Don’t be afraid to step into a seminar that you don’t think affects your particular business; you never…

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The Adult Industry and Contracts

Would you buy a house without a deed? Would you buy a car without getting its title? Or do you blindly sign every document that shows up in the mail promising free money? I'm assuming that you answered all of those questions with a "no." So why is it that most people are smart enough not to engage in the ridiculous examples mentioned above, yet when it comes to contracts and people in the adult industry, I find myself dealing with clients every day who either rushed into an agreement without a written contract, didn't consult with a lawyer prior to making a contract, and/or didn't understand the terms of a contract before they signed it? First, a simple definition of a "contract:" a contract is an agreement between two or more parties that is enforceable by law. While many contracts are in written form (and very much should be), many states only require that certain types of contracts be in writing. The legal term "statute of frauds" generally governs which types of contracts must be writing. Traditionally, the statute of frauds applies in the following circumstances: contracts in consideration of marriage, contracts that cannot be performed within one year,…

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