Re:What Start-ups Should Know About Hiring a Lawyer
by oregonspanish on Tuesday September 18, 2012 @01:29PM
(#4539388)
Do you think that other startups would be interested in this type of in-house counsel-as-a-service?
This would give teams the benefit of having single source that knows all your issues and goals, but could also negotiate effective rates with specialists.
It might not apply if your investors have their own legal muscle that they can introduce. But, if you are <10 employees, it is insanely expensive (manpower-wise) to deal with finding, retaining, and managing decent legal counsel (to say nothing of replacing them due to a sudden conflict of interest, when you unexpectedly find yourself facing a huge firm like Apple/J&J/Halliburton/etc, who seemingly contract 99% of all law firms).