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Monday, Oct 3, 2022
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LAW—Legal Arts Multimedia Draws Lawyers’ Attention



Tax Costs of Running A Limited Liability

Company Are Rising

It’s been a busy year for Legal Arts Multimedia, which serves attorneys by providing visual elements , like illustrations, charts, animation, video editing and interactive presentations , for trials. The past 12 months have seen Downtown-based Legal Arts open an office in Washington, D.C., and acquire firms in Mission Valley and Los Angeles.

Jim Gripp opened the company as a one-man shop in April 1979. He received a graphic design degree and private investigator’s license around that same time. Gripp, who is president of Legal Arts, now has 21 full-time employees. Legal Arts opened a Palo Alto office in late 1997. Work there led to jobs in the Washington, D.C., area, where they opened an office last December. Then the Los Angeles office “kind of fell into our laps,” said Gripp. The Trial Design Group of Wilshire Boulevard was looking to expand and joined with Legal Arts. Finally, the company acquired Best Evidence, Inc. of Mission Valley in February, the same month it opened an office in the University Towne Centre area. “We go where the work is,” Gripp said. “We haven’t opened anything on speculation.”

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LLC Caution: The tax costs of running a limited liability company are rising. So says a notice from San Diego-based Luce Forward Hamilton & Scripps LLP. “Given the dramatic increase in these tax rates, parties that have formed or are considering forming LLCs that do business in California may want to consider other entity types,” says a client bulletin from the firm. “This is particularly true if the existing or proposed LLC will have significant gross revenues.” It wasn’t always that way. The gross revenues tax rates for LLCs started relatively low, the company statement said.

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Limited liability companies only started forming in California during the 1990s. As of this year, the state permits single-member LLCs.

MegaLaw.com Branches Out: San Diego-based MegaLaw.com launched a new service at the end of last month. Its MegaDepos.com site aims to help legal professionals find court reporters and schedule depositions. Visitors to the site can search by city and find additional information on court reporting firms there. MegaDepos staff conducts background checks on its court reporters, according to a statement sent out by the company. Robert Harkins is president and CEO of LegaLaw.com. Charles Evendorff is its vice president of sales and marketing. Both are local trial attorneys. “We have been growing MegaLaw to include everything lawyers use every day,” Harkins said, “and this is a major advance over other sites on the Internet.”

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Letterhead changes: Downtown’s Klinedinst, Fliehman & McKillop has announced three new associates: Randolph L. Rhett, Mark H. Nys and Maurine P. Travis. Items for this column may be sent via E-mail to bgraves@sdbj.com.

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