MSP Law

MSP Law Tom also specializes in estate planning and business law. Tom has served hundreds of technology related companies in his 28 years of practice.

Tom and his team function similarly to the way a general counsel team operates at a Fortune 500 company—but specifically for MSPs, focusing on technology-related and general corporate law. Managed Services Providers (MSPs) face many unique issues resulting from the remote management of a customer’s IT infrastructure, especially due to the proactive nature of the services delivered, the method of d

elivery and transmission as well as the subscription model of receiving revenue. In addition, the remote delivery of services over use of interstate wires, crossing state boundaries, involves access to sensitive personally identifiable information and confidential information from third parties, risk of loss from customer inappropriate use of software, copyright Issues and underestimating labor requirements associated with services. Additional pressures exist in the market place due to national private equity group acquisitions in the space. Tom has served as subject matter experts for national peer group organizations, has had many national speaking engagements relating to issues set forth above and has been a featured guest on many dedicated MSP podcasts and MSP Radio programs. Tom’s team has lawyers licensed in multiple jurisdictions and has developed a national network of local attorneys he works with to deliver legal and business consulting services. Tom and his team have worked with Managed Services Providers for two plus decades, modeling the general counsel like function of a Fortune 500 business but only for several MSPs. While other firms provide MSP focused counsel on technology issues, we are not aware of any other team that provides general legal counsel to MSP firms together with the issues that are unique and particular to MSPs. We offer subscription and flat fee billing arrangements too – just like our MSP clients! Tom and his team provide a complete and total general counsel like function for MSP companies – technology related law and general corporate law. Tom and his team provide services to the MSP that a legal department of a large corporation might provide, i.e. IP issues, tax planning, federal compliance with employment law issues, and MSP issues, i.e. MSAs, NIST, PII and federal privacy requirements. If you are an MSP, you have probably used a general business attorney and, perhaps, sought advice from an MSP or technology focused lawyer. Since Tom built a large team, he has the ability to meld both the MSP and technology issues with the general corporate.

06/27/2023

In the final episode of his four-part series on Tax Planning Strategies for MSPs, Tom Fafinski discusses different ways of shifting income and lists some tax credits to help reduce your overall tax burden.

06/20/2023

Part 3 of Tom Fafinski's four-part series on Tax Planning Strategies for Managed Service Providers delves into an important aspect of tax planning: deductions.
Learn how to maximize deductions to benefit you as the owner of an MSP.
You won't want to miss the fourth and final episode in this series. Part 4 will further explore some specific tax strategies, namely shifting income and utilizing tax credits. Don't forget to subscribe!

06/13/2023

In Part 2 of Tom's four-part series on Tax Planning Strategies for MSPs, he explains how a tax attorney differs from a CPA, and why a tax attorney is absolutely essential to implement the best tax planning strategies for your business.
Stay tuned for Part 3: Maximizing Deductions to Benefit MSP Owners.

06/06/2023

In the first episode of a four-part series on Tax Planning Strategies for Managed Service Providers, MSP law expert Tom Fafinski explains why tax planning is so important for MSPs, and what the focus should be centered around to achieve the best results.
Be sure to subscribe so you don't miss Part 2 of the series: "Isn't That What My CPA Does?"

In the first episode of a four-part series on Tax Planning Strategies for Managed Service Providers, MSP law expert Tom ...
06/06/2023

In the first episode of a four-part series on Tax Planning Strategies for Managed Service Providers, MSP law expert Tom Fafinski explains why tax planning is so important for MSPs, and what the focus should be centered around to achieve the best results.

In the first episode of a four-part series on Tax Planning Strategies for Managed Service Providers, MSP law expert Tom Fafinski explains why tax planning is so important for MSPs, and what the focus should be centered around to achieve the best results. Be sure to subscribe so you don't miss Part 2...

With cyber threats constantly evolving, it's essential to add that extra layer of protection with cyber insurance—for bo...
06/06/2023

With cyber threats constantly evolving, it's essential to add that extra layer of protection with cyber insurance—for both you AND your customers. Listen in to find out why.

As an MSP, you take many steps to secure your clients' data from breaches. But with cyber threats constantly evolving, it's essential to add that extra layer of protection with cyber insurance—for both you AND your customers.

You've probably heard the term "indemnity," but what does it mean for you as a Managed Service Provider, and why is it i...
06/06/2023

You've probably heard the term "indemnity," but what does it mean for you as a Managed Service Provider, and why is it important in a Managed Services Agreement? Listen to find out.

What happens when a disgruntled ex-employee or a customer decides to use your materials without your permission? Listen ...
06/06/2023

What happens when a disgruntled ex-employee or a customer decides to use your materials without your permission? Listen to find out.

Successful MSPs have defined processes and procedures, training manuals, scenario sequences, design schematics, strategies for implementation which combine various solutions and other material. This information, whether internally disseminated or distributed to customers themselves, provide the MSP....

In this episode of the MSP Law Podcast, I give a brief overview of how MSPs should adapt and modify client contracts in ...
06/21/2022

In this episode of the MSP Law Podcast, I give a brief overview of how MSPs should adapt and modify client contracts in the wake of Microsoft’s NCE rollout—and how the new platform could actually be beneficial to the MSP.

Tom Fafinski of MSP Law gives a brief overview of how MSPs should adapt and modify client contracts in the wake of Microsoft's NCE rollout—and how the new platform could actually be beneficial to the MSP.

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