Tom’s practice includes regulatory compliance, licensing, HR policies, and a broad and deep range of contract negotiation and drafting. More recently, he was After serving as General Counsel to a niche recycler in Eastern Long Island. With the closing of that business, Tom has decided to bring his skills and experience closer to home, establishing a solo practice that’s targeted to small- and mid-sized businesses.
A Trusted Resource & Speaker in the Community
Tom is frequently invited to speak at business events, workshops, and community gatherings as a go-to resource for legal updates that directly impact small business owners and entrepreneurs. While many business owners aren’t yet aware of new laws taking effect, Tom stays ahead of the curve breaking down complex legislation into plain language so his community is always informed and protected before it becomes a problem.
Whether it’s a change in contract law, new business regulations, or shifts in corporate compliance requirements, Tom shows up not just as a lawyer, but as an educator and advocate for the communities he serves.
646 262 5352
A. TMFLO has both brick-and-mortar and e-commerce clients. TMF makes a regular habit of visiting his clients’ operations making “house calls”.
B. Tom Farrell has been a member of the
Board of Directors of at least 1 not-for-profit agency for the last 21 years.
C. TMFLO is affiliated as an Instructor with the following organizations, whose mission is to support SMBs, partly with free information about legal matters:
A. TMF Law Offices, P.C., formed November, 2016, is a New York Professional Corporation, with Tom Farrell
its only shareholder.
B. Office: 61-43 186 th St. Fresh Meadows,
NY 11365; phone number: 646-262-5352;
and the website is
www.tmflawoffices.com
C. Pertinent Codes and Data
St. John’s University School of Law, Juris Doctor (JD) – 1995
St. John’s University, Bachelor of Arts (BA) in Literature – 1993
Thomas M. Farrell has a business law practice, representing organizations of various sizes and sophistication, ranging from small and family-owned enterprises to medium-sized, well-established businesses. My mission is to bring sophisticated legal services to these entrepreneurs at an affordable rate, protecting both the owners’ personal assets and the business’s assets.
For start-up ventures and locally oriented businesses, I provide advice on both immediate concerns and on long-term planning. The formation and maintenance of legal structures for doing business — corporations, limited liability companies and other entities — are matters I handle regularly. In addition, government filings, licenses, and individually crafted shareholder or member agreements will also come into focus. My careful analysis of real estate leases, franchise documents, and other complex legal documents will contribute to the long-term growth of the enterprise by highlighting long-term obligations and enabling appropriate planning.
To further contribute to my clients’ growth, I will structure or negotiate financing arrangements, ranging from traditional-source loans to the use of equity and debt securities; explore and explain venture capital financings; and give advice regarding stock and asset acquisitions (sometimes involving mergers). I am well-versed in assisting management with reports to State and Federal regulatory agencies; my experience enables me to anticipate regulatory issues peculiar to each client, and assist in designing and implementing compliance programs.
For clients of all sizes, I will draw upon my 20-plus years of experience to negotiate and draft a broad array of agreements, including sale or purchase of a business, non-disclosure agreements, contracts between suppliers and customers, and intellectual property licenses. Issues affecting employee training, executive compensation, employment contracts, manufacturing, and franchising opportunities are also regular parts of my practice. Critical internal matters such as protection of Confidential Information will be addressed proactively, turning potential trouble spots into support for the bottom line.
As small clients grow and established clients’ needs become more complicated, I will suggest ways to implement effective corporate governance programs. These programs will be tailored (as only a solo practitioner can) to meet each individual client’s needs, addressing policy issues ranging from discrimination, privacy, and Internet-related matters, to sexual harassment and other issues. Governance advice can also relate to good “corporate citizenship” for those companies interested in participating in or contributing to community life; in this respect, my clients will benefit from my considerable experience with not-for-profit corporations.