What is a California benefit corporation? A California benefit corporations a legal structure for for-profit businesses that prioritize making a positive impact on society, employees, vendors, the community, and the environment, in addition to generating profit. Unlike traditional corporations that focus on shareholder primacy, California benefit corporations balance the financial interests of shareholders with the broader interests of those affected by the corporation's conduct and pursue public benefits identified in their Certificate of Incorporation. In other words, this structure allows a business to prioritize social goals alongside financial success.
Why do you specialize in California benefit corporations? I believe in the power of business to drive positive change. By focusing on this unique legal structure, I can help entrepreneurs and companies balance profit with purpose, ensuring their success contributes to the greater good. This specialization allows me to align my professional work with my personal values, making a tangible difference through the clients I serve. My goal is to empower businesses to achieve their social missions without compromising legal integrity.
What does an initial consultation look like? I offer initial 30-minute consultations without charge. I prefer in-person meetings but if that is impractical, then we can meet over Microsoft Teams or schedule a phone call. At the meeting, we will walk through the items you send ahead of time and discuss any other matters you want to. Assuming we are both comfortable moving forward, I will email you my fee agreement and once that is signed, we can begin working together.
How much will X cost? There are a lot of variables when it comes to attorney fees, including those outside of your control and my control. I am happy to provide estimates before beginning work and I can work within budgets (monthly or project-based). I offer fixed fee, limited scope, and subscription-based services.
What do you value most as an attorney? I value the opportunity to make a meaningful impact on both my clients and the broader community. My primary focus is on providing legal guidance to businesses, to assist them achieve their goals but also uphold their commitment to social and environmental responsibility. This dual dedication to legal excellence and ethical practices allows me to contribute to a more just and sustainable world, which I find incredibly fulfilling.
What is your response time? I try to answer emails within a few hours, or at least acknowledge receipt. I turn around most tasks within 2-5 days but that varies with the complexity, time of year, and how busy I am. When it comes to buying or selling a business, the process typically takes 2-3 months from the date both parties commit to getting something done.
Why should I work with you? As a solo attorney passionate about California benefit corporations, I offer a unique blend of expertise and dedication. I understand the specific needs and values of businesses committed to social and environmental impact. You will receive personalized, responsive service, with timely communication and tailored legal solutions. My commitment goes beyond legal advice - I am genuinely invested in supporting your success and positive impact. I aim to help visionary companies achieve their fullest potential, making a meaningful difference in our community and the world.
Learn more here about Shawn Peddycord and his practice areas.