About Richard Stevens

Richard C. Stevens’ practice emphasizes business and transactional law for a variety of industries, including computer software and hardware, and commercial real estate.  Richard attended Wichita State University, graduating in 2000 with a major in management information systems and a minor in accounting.  For more than five years, he worked in the information technology field.  In law school, Richard earned a Certificate in Business and Transactional Law, which focused on linking a client's financial and business needs to effective legal planning.  Richard’s education and experience in business and technology provide him with a distinctly valuable perspective on advising business people.  Understanding and speaking the language of technology also helps Richard clarify complex transactions for his clients.

Startups & Entrepreneurial Law

Helping startups and new businesses sometimes means moving fast and focusing on what is essential when resources are scarce.

Richard knows from advising businesses in the early stages that entrepreneurs and founders are often born risk-takers.  Lawyers, of course, are not.  But, he does know that you and your company need protection from all directions.  So, he can help you prioritize your legal needs so you can focus your work on building your company.

If it’s time to find outside financing from investors, he can help there too.  Venture capitalists, angels, and even “friends and family” all require different approaches to keep you out of legal trouble now and in the future.  Don’t just take investor money without counsel.  Get advice first.  For angel money, super angel money, seed series, or A, B, and C rounds, your business needs to be strategic.  Some things you may only do once or twice; so, do it right.

Intellectual Property & Information Technology

Richard assists clients with their technology law needs, including filing trademark applications, copyright consultation, trade secret protection, and preparation of licensing agreements. Richard helps his clients evaluate their intellectual property and strategically protect it through the most appropriate methods.

Business Practice

Richard represents clients on a wide range of business matters, including the formation and registration of corporations, LLCs, and partnerships. Richard also counsels clients regarding operating agreements, asset purchase agreements, and in the selection of entities and their various tax treatments. As part of his business practice, Richard advises individuals and business owners regarding their estate planning needs, including the preparation of wills, trusts, and power of attorney documents.

Real Estate

Richard represents clients involved in the purchasing, selling, leasing, and financing of real estate. Richard also handles various negotiations and disputed real estate matters related to mechanics liens or security interests. Additionally, Richard’s practice includes determining title to real estate, minerals, and oil and gas lease interests.


Education

  • Washburn University School of Law, J.D., Dean's Honors, 2007
  • Wichita State University, B.B.A., 2000

Bar Admissions

  • Nebraska, 2016
  • Kansas, 2007

Professional Affiliations

  • Wichita Bar Association, Young Lawyers Section & Business Law Committee, Member
  • Kansas Bar Association, Member
  • American Bar Association, Member
  • Wichita Independent Business Association, Member
  • Software and Information Technology Association of Kansas, Member

Civic / Social Involvement

  • Federalist Society, Wichita Chapter, Member
  • Young Professionals of Wichita, Member

Published Articles / Presentations

Awards & Recognition

Kansas Super Lawyer, 2015

Notable Experience

  • IP Asset Purchase Lead for $25+ million sale of manufacturing business with significant IP assets.
  • Lead Counsel for Asset Purchase $8 million purchase of manufacturing business with real estate.
  • Lead counsel for Asset Purchase of regulated independent service company with real estate.
  • Team coordinator for attorney team of four as local counsel firm in $600+ million exit financing transaction.
  • Successful use of UDRP in favor or Trademark rights owner.

  • Numerous registered TM applications prosecuted and management of business TM portfolios.

  • Counsel for buyer in asset purchase of license-based business from exiting founder with hardware and software products.
  • Numerous title opinions for various oil and gas and real property interests.
  • Multiple mechanics lien filings and negotiations.
  • Negotiated TM coexistence agreement for startup client with long-standing TM rights owner.
  • International license agreement for tech startup in excess of $800,000.
  • Outside general counsel to multiple startups in tech, software and other industries.
  • Negotiated exit package for executive in national corporation in excess of severance agreement.
  • Structured generation one to generation two transfer of family service and sales business.
  • Planned and executed orderly dissolution of failed energy company startup.
  • Multiple Copyright registrations for institutional clients.
  • Multiple franchisee document reviews and related entity formations.
  • Numerous entity formations for LLC, S-Corp, 501(c)(3), and corporations with buy-sell considerations and exit planning.
  • Advised startup on exit of equity-owning developer partner/employee.
  • Structured “shadow” stock employee ownership and compensation plan.
  • Negotiated stock option acquisition for startup founder/employee with company in C-round fundraising.
  • Technology contracting training for aviation company internal buyers and contract managers.
  • Multiple successful intellectual property take-down activities under DMCA and related law.
  • Commercial real estate sale of various property types in multiple industries.  
  • Provided counsel to university on equity position in startup.
  • Multiple large and small estate plans for business owners. 
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