Startup Lawyer

Startup Lawyer

Key Takeaways

Full Text

For new companies, having a good startup lawyer is critical. Many legal risks can be mitigated with planning and early advice. Legal counsel can help set up a strong legal framework for a startup while helping to familiarize founders with the lay of the land. Issues can be flagged before they become bigger to ensure that everything is done properly from the beginning. This provides protection for nascent businesses and can create greater long-term efficiency, safety, and success.

A good startup lawyer should have experience working with startups. They should be familiar with the process of incorporation, as well as equity compensation, contracts, term sheet negotiations, licensing, and regulatory matters. It is also important that startup lawyers be familiar with financing and fundraising issues. A strong candidate should also align with the financial capacity of new startups. Often, firms will have special rates for startups, or lawyers themselves will offer discounted hourly rates for their smaller startup clients.

When deciding which startup lawyer or firm to partner with, it is vital to have a number of conversations in order to survey the market for services available to you. In these conversations, inquire about the lawyer’s experience with startups, their firm’s culture, their pricing, and topics which can give you a sense of their personalities and values. As founders will work closely with their startup lawyer, having a good fit on all fronts is essential.

As always, should you have any questions about anything contained within this blog post, don’t hesitate to get in touch with us via call, text or e-mail using the contact details listed in our site footer, or via the form below.

Disclaimer: Please note that the information provided in this blog post does not, and is not intended to, constitute legal advice. Rather, all of the information, content, and materials available on this and every other page of our website is made available by us for general informational purposes only. The information in this post or anywhere else on this website may not constitute the most up-to-date legal or other information, and should not be relied upon for making any decision, acting, or refraining from acting. All liability on the part of Chatterjee Legal, P.C. and any and all of its attorneys and/or other professionals with respect to decisions made, actions taken or actions not taken based on the contents of this blog post, this page, or this website is hereby expressly disclaimed. The contents of this blog post, this page and this website are provided on an “as is” basis, and no representations are made that such content is free from errors. Our content contained within this post or elsewhere on our website may link to websites, content or other resources belonging to third parties. We present these links only for convenience purposes, and we make no representations or warranties of any kind with respect to any such third-party websites, content or other resources. Access to and/or use of this blog post, this page, or this website does not create an attorney-client relationship between you and Chatterjee Legal, P.C. or any of its attorneys or other professionals.

Share This Article

Related Articles

Accelerator Incubator

Incubators vs. Accelerators

For startup founders, it is important to understand the distinction between startup incubators and startup accelerators. The key characteristics of each are discussed below.

Read More

This site uses cookies to provide you with more responsive and personalized service. By using this site, you agree to our use of cookies.

For more information, click here to review our Cookie Policy.