When I wanted to file a patent. I wrote the provisional myself and thought I could just hire an attorney to file to convert that to a utility filing. Turns out you can, but it won't be awarded. To get one that's awarded, you have to have the attorney file the whole thing. It's an ugly but widely known secret of the patent law industry.
Bootstrapping with co-founders? I've had lawyers straight up tell me it's probably not worth hiring them to setup the LLC / operating agreement. Just DIY.
Getting outside investment, signing a high value contract, receiving threats of legal action? I would consult one immediately.
I think it's a fear tactic of the legal cabal. I've had a judge tell me that I can't help my wife fill out a legal document because that could constitute "practicing law" or "providing legal opinion". It's super ridiculous, but that's how they operate.
When I wanted to file a patent. I wrote the provisional myself and thought I could just hire an attorney to file to convert that to a utility filing. Turns out you can, but it won't be awarded. To get one that's awarded, you have to have the attorney file the whole thing. It's an ugly but widely known secret of the patent law industry.
Bootstrapping with co-founders? I've had lawyers straight up tell me it's probably not worth hiring them to setup the LLC / operating agreement. Just DIY.
Getting outside investment, signing a high value contract, receiving threats of legal action? I would consult one immediately.
I am not a lawyer; this is not legal advice.
> I am not a lawyer; this is not legal advice.
Why do people say that? Does that imply all other comments without the “not a legal advice” note, are legal?
I think it's a fear tactic of the legal cabal. I've had a judge tell me that I can't help my wife fill out a legal document because that could constitute "practicing law" or "providing legal opinion". It's super ridiculous, but that's how they operate.
Last startup I worked for, they had a paralegal/trainee lawyer in house and an external lawyer on a fractional basis.
When the cost of the fractional lawyer exceeds the annual salary to hire one is when you employ one.
Suspect most startups will need a in-house finance team before they need a full time lawyer.
The second you have a cofounder/business partner you need a lawyer