Company Overview
Waldrop \& Colvin PLLC is a business law firm that positions itself as the outsourced law department for entrepreneurs, franchises, and growth-oriented businesses. Their mission centers on providing tailored, proactive legal solutions to support business development from startup through maturity, with a particular emphasis on the franchise sector and ongoing operational needs.
Services Offered
- Franchise formation, disclosure document (FDD) drafting, registration, and compliance
- Outside general counsel services for franchisors and franchisees, including dispute resolution and transactional support
- Business entity formation, mergers \& acquisitions, contracts, and IP protection
- HR support, employee best practices, and incentive program legal structuring
Value Proposition
- Industry Specialization: The firm specializes in franchising, providing legal expertise for both franchisors and franchisees across multiple sectors; also serves general business clients and entrepreneurs.
- Key Benefits:
- Delivers franchise-specific compliance and disclosure solutions, reducing regulatory risks.
- Offers predictable, fixed-fee legal support that allows franchises to budget confidently for legal expenses while scaling operations.
- Provides customized legal advice that supports growth through efficient entity formation, trademark protections, HR best practices, and ongoing compliance.
- Franchise Expertise: The firm features attorneys with franchise law experience, case studies in creating FDDs, and longstanding relationships as outside counsel to growing franchise systems evidenced by ongoing partnerships and tailored legal resources for franchisors.
Company Snapshot
Year Founded
2022
Headquarters Locations
Virginia Beach , VA
Key Executives
Derek A. Colvin, Partner
Number of Locations
1-10
Public Contact
7576513490
derek@thelawdept.com