Navigating NIL: Why High School Athletes Need a Strong Support Team
For the first time, student-athletes can earn money from endorsements, sponsorships, and other opportunities tied to their personal brand. While this presents an incredible opportunity for young athletes, it also brings new responsibilities and legal challenges. To maximize their earning potential and protect their rights, athletes must build a strong support team early—starting in high school.
Why Estate Planning and Legal Preparedness Are Essential for College and Professional Athletes
Once athletes turn 18, they gain legal independence, which makes certain legal documents indispensable, such as appointing their own powers of attorney.
The Importance of Estate Planning: Protecting Your Legacy and Loved Ones
For anyone who has spent years building wealth and securing a future for their family, failing to take the simple steps of Estate Planning needed to protect those efforts is a mistake that can have lasting consequences.
How to Choose the Right Attorney or Law Firm: Aligning Strategies with Your Values
Your attorney is not just a legal expert but a person with a specific set of skills, experiences, and perspectives. To ensure a successful partnership, you need to align your values, goals, and approach with the firm or individual attorney you choose to work with.
Trademark Strategy: Protecting Your Business from Day One
Once your trademark is registered, it’s up to you to monitor and protect it. Without enforcement, your trademark risks losing its exclusivity and value.
Intellectual Property: Protecting the "Special Sauce" of Your Business
One of the most important questions businesses face is whether they should trademark their intellectual property. The decision often comes down to assessing the uniqueness of the IP and the scope of protection the business requires.
Reinventing Legal Services for High-Performing Businesses: The Role of a Fractional General Counsel
Our goal at Jacobs Counsel was to create a different experience, one that provides real value without the unnecessary overhead of a large law firm.
The Role of Geofencing and Geolocation in Gaming and Sports Betting Compliance
Geolocation technology allows gaming operators to pinpoint the location of a user attempting to access their platform. This is particularly important in the U.S., where gambling laws differ significantly across state lines.
Navigating the Legal Maze of Skill-Based Gaming in the United States
The skill-based gaming industry in the United States operates in a complex and fragmented legal landscape. Gaming operators must navigate a web of state-level regulations to determine whether their game can legally operate in the U.S. market.
The Importance of Short-Term Sacrifice for Long-Term Success in Legal Decisions
One of the biggest mistakes individuals and businesses make is signing agreements or entering legal arrangements without fully understanding the implications. Rushing into a deal for immediate gain, or skipping the step of hiring professional advisors, can lead to significant problems in the future.
Why High School Athletes Need Professional Support for NIL Success
One of the most common pitfalls for athletes entering NIL agreements is failing to understand their tax obligations. When athletes sign six-figure contracts, they’re not just receiving income—they’re also incurring tax liabilities. Without proper guidance, this can quickly become a serious problem.
Protecting Your Name, Image, and Likeness: Avoiding Long-Term Sacrifices for Short-Term Gains
Athletes must be cautious about how they leverage their NIL rights, ensuring they’re not sacrificing long-term potential for short-term financial gain.
Protecting High School Athletes: Choosing the Right Legal Support in a Predatory Landscape
Predatory behavior, disguised as support, is a real concern, especially for young people who may not yet have the experience to discern between genuine advisors and those seeking to exploit them.
The Rise of Collectives and NIL Contracts
The evolution of Name, Image, and Likeness (NIL) rights has transformed athletes into individual business entities with significant value. While this presents exciting opportunities, it also exposes athletes to a wave of predatory contracts and agreements that may not align with their best interests. Now more than ever, athletes must recognize the importance of building a team of advisors, including attorneys, to protect their rights and ensure their long-term success.
Meet Drew Jacobs: Attorney with a Background in Sports and Passion for Innovation
Playing at a competitive level taught me invaluable lessons—discipline, resilience, teamwork, and the importance of showing up, no matter the challenge. These experiences have directly translated into my approach as an attorney, enabling me to serve clients with the same commitment and determination that I brought to the court.