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Yes, I have done startups in Silicon Valley for nearly three decades. You have hit upon the core principle of using legal resources wisely, as needed, and with
by grellas 17y ago
Yes, I have done startups in Silicon Valley for nearly three decades.
You have hit upon the core principle of using legal resources wisely, as needed, and with a practical focus. The flip side is that your lawyer needs to have a similar practical focus, which in practice typically translates into working with an experienced partner whose philosophy is consistent with your own (as you state in your piece).
I don't think I would add anything to your main theme (related themes would include try to get estimates for specific projects, or negotiate fixed fees for discrete projects for which this makes sense; monitor how projects are staffed so as not to incur significant double-billing; don't let green lawyers get themselves educated at your company's expense, etc. - but these are all really just a part of what works itself out routinely and easily if you once have a solid working relationship with a trusted partner and are thus subsumed under your broad theme, which you nicely articulated).