By On Feb 22, 2018 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.
While your frugal sensibilities may also be used to steer clear of uncharted waters to avoid risk, lawyers who have navigated these seas before can help you maneuver around legal pitfalls—and guide you to greater payoffs. This could include drafting your articles of incorporation, invoice terms or even how you budget. In today’s market, finding and paying for legal advice has become much easier.
Some sites provide a wider range of legal services, from filing a trademark, creating a living trust, to forming an LLC, among others. However, these services are rather straightforward, and if you have a specific requirement that is somewhat specialized, these services may not be for you.
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