By On Jan 22, 2019 Form Template
Startups in Silicon Valley raising their first round of funding can spend upwards of $80,000 on legal fees, according to VentureBeat. Neither the entrepreneur nor the investor wants to see that kind of dough diverted from product development and marketing to lawyers. Enter iDisclose, co-founded by Georgia Quinn. “It takes a TurboTax-like approach, enabling entrepreneurs to do 80% of the work using an online tool that walks you through every step of writing legal agreements with investors,” Quinn says. You still, however, need a lawyer to review the document.
Some websites help you find vetted lawyers who will undertake specific legal projects for a flat fee, which can include drawing up a contract or acting as general counsel for a certain number of hours per month. Other websites allow entrepreneurs to draft contracts that attorneys then review or to prepare and manage intellectual property. Still other websites provide diagnostic tools that identify gaps in legal coverage that open businesses to risk.
The standard form is immediately recognized by all parties in a transaction and the county clerks,” said Daniel Price, president and CEO of OneTitle National Guaranty Company, who deals with real-estate transactions using powers of attorney frequently. “If you presented them with anything other than the standard form…there is no guarantee that the clerk would accept and record it.
88 out of 100 based on 941 user ratings
410 Facebook Shares
210 Twitter tweet
553 Pinterest Pins
254 Google+ Shares
241 Thumblr Shares
105 Linkdkn Shares
© 2011 - 2019 Feverlinks.info. All rights reserved.