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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. Forms are printed documents with spaces where you can insert information. Forms have been created (by courts, self-help centers, legal aid organizations, and the like) to help people in their court cases. Forms typically will not explain the governing law to you, and they may not provide or cover all of the information necessary for the court to reach a decision. You should use legal forms as a tool in conjunction with the other written documents you prepare, information you gather, and research you do about the law governing your case.

Described below are a number of online resources where you might be able to find legal forms. Keep in mind, though, that not every form can be found online. If you cannot find a form suitable to your needs on the Internet, you may have to create a form using a sample, an outline, or instructions from a variety of resources. Your local law library will be a terrific resource and the place to start your research. Always use your legal name, current address, daytime telephone number, and a valid e-mail address. If you want your home address to stay private, you can use another address where you receive mail. If your address changes, file a change of address form with the court. Until you change the address you provided, the judge and court will assume you have received whatever legal papers were sent to you. If you need help filling out your forms, you may be able to get your questions answered at the Self-Help Center or by a private attorney (click Lawyers and Legal Help to learn more), a volunteer attorney at one of the Ask-A-Lawyer programs if your question relates to one of the Ask-A-Lawyer topics (click Free Ask-A-Lawyer Programsto learn more), or an attorneys at one of the free legal classes if your question relates to one of the class topics (click Free Classes to learn more). You can also go to your local law library and ask a librarian for books and resources to help you complete your forms.

The legal industry has been slow to make itself more efficient by using technology, but this is changing. New tools help lawyers automate processes, conduct research and even do contract reviews. Lawyers also use technology to make it easier for you to find a quality lawyer within your budget, or to do some of the legwork yourself. 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. Companies like Legal Hero provide businesses with a vetted network of quality lawyers who agree to work on projects for a flat fee. Sound impossible? Not really. Experienced lawyers know how long it takes to do various types of contracts and projects, said Annie Weber, co-founder and CEO of Legal Hero. Entrepreneurs and small business owners receive bids within hours for specialized projects. Or they can choose from typical legal projects for a flat fee. The company does intellectual property (IP) and immigration work on a national basis. For legal work governed by state law, Legal Hero currently operates in only four states Florida, Illinois, Massachusetts and New York.

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