Peter Smith

Managing Attorney

About Me

I love going to the office, and the reason is simple: my clients do amazing things! From manufacturing cookstoves for the developing world to building software that runs autonomous vehicles, I have the pleasure of working with people who are dead set to make a dent in the universe. 

My practice focuses on for-profit and nonprofit corporate governance, meaning I draft and review bylaws, shareholders agreements and other documents for an entity’s stakeholders. I also practice in intellectual property as nearly all of my clients’ legal needs include understanding and protecting intellectual property. 

I am most helpful during times of transition.  This includes starting up; buying or selling a business; adding investors, shareholders, or other partners; and even winding down.  It is these situations of transitions where I find the most joy i as I guide clients through the decision-making process and protecting their interests as best I can. 

Finally, I have a passion for education.  I have taught the nonprofit law clinic at Seattle University and the University of Washington. I also write and speak, mostly about legal issues facing social entrepreneurs.  These issues include hybrid entities like the social purpose corporation or benefit corporation and tax-exempt organization law.

Practice Areas

Startups & Formation

  • Forming for-profit and nonprofit entities with state and local agencies;
  • Drafting and managing convertible note rounds;
  • Drafting and managing early stage fundraising; and
  • Drafting and managing employee stock option plans.

Business Transactions & Services

  • Drafting vendor and customer facing agreements;
  • Drafting and negotiating letters of intent;
  • Drafting and negotiating asset purchase agreements;
  • Drafting and negotiating equity purchase agreements;
  • Employment matters for standard employees and independent contractors;

Nonprofit Corporations

  • Drafting vendor and customer facing agreements;
  • Drafting and negotiating letters of intent;
  • Drafting and negotiating asset purchase agreements;
  • Drafting and negotiating equity purchase agreements;
  • Employment matters for standard employees and independent contractors;

Intellectual Property

  • Filing trademark applications;

Speaking Engagements & Publications

  • Nonprofit Entities: Formation, Governing, and Tax Considerations 
  • Nonprofit Law Institute 2017 – Mission Driven Commercial Ventures
  • The Social Purpose Corporation: How is it different from nonprofits and for-profits? 
  • WA SOS Mt.Vernon Nonprofit Conference
  • Advanced Nonprofit Techniques
  • WayFind’s Social Purpose Corporation
  • Wayfind’s Nonprofit Transitions
  • Advising the New Tech Startup Business Entities
  • Brown Bag Lunch’s The Social Purpose Corporation
  • Hot Topics in Business Law
  • Internal Controls for Nonprofits
  • Healthcare Hospitality House Network National Conference
  • King County Bar Association – What every lawyer needs to know about corporate law and an introduction to the social purpose corporation.
  • Washington Society of CPAs’ Social Purpose Corporations
  • Brown Bag Luncheon at Van Ness Feldman on Social Purpose Corporations 
  • Co-authored “Tips for Successful Nonprofit Board Service” in the NW Lawyer Volume 6, Number 3 (April/May 2014).
  • Co-authored “Not a Performing Bear: The Supreme Court’s Decision in Lummi Indian Nation v. State” in the Environmental & Land Use Law Newsletter Volume 37, Number 3 (December 2010).

 

Education

  • Seattle University School of Law – J.D. summa cum laude
  • University of Washington – Bachelor of Arts, Political Science & Classical Studies

Bar Admission

  • Washington State Bar, 2010

Volunteering & Community Groups

  • Housing Justice Project Volunteer 
  • Communities Rise Nonprofit Legal Clinic Volunteer 
  • Adjunct Professor at Seattle University School of Law, Nonprofit Law Clinic

Outside Activities/Accomplishments

  • Running
  • Hiking and Climbing (summited Mt. Rainier August, 2019) 
  • Parenting 

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