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#entrepreneurfail The Truth about Startup Lawyers

 

In your first startup venture you may not think be thinking about the about the legal implications of what you are working on.  Your only aim is go and launch.

However, when startups are large enough to afford an attorney, the good news is that it means the business is large enough to afford an attorney, but also large enough for dire consequences if something goes wrong.  Many small startups work with services like LegalZoom, but others prefer seeking out dedicated legal counsel.

Working with an attorney can sometimes be frustrating, as it seems the default response from him/her is “No! No! Not possible. Not legal. Too risky.”  The wait to go around this is to ask your  attorney the “What is the risk of not obeying their recommendation?”  Then you can make an executive decision on what to do next.

Let us know about your experiences working with startup lawyers. 

This was originally created by Kriti Vichare for #entrepreneurfail: Startup Success.


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Kriti Vichare Kriti Vichare
(@kritter2b)