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Sue your old counsel? They will probably settle.

• austenallred 7y ago
  The thing about running a startup is you have enough problems to solve you really don't want to create new ones.
  • bufferoverflow 7y ago
    It's the job of your attorney. It's possible all it takes is one strongly worded letter and they will settle.
    • codegeek 7y ago
      May not be that simple. Attorneys understand the "send a threat letter and hopefully they will settle" model well. Also, their current attorney will probably charge just to send that letter.
      • Alupis 7y ago
        > Also, their current attorney will probably charge just to send that letter. Surely not $75,000 for a letter. A few hundred, yes. Recouping even $5,000 (in a "f u, go away please" payment) would be a big win for a scrappy startup, no? Their old law firm probably would prefer not to be drug around town making it known they gave very wrong, and very costly advice. They'd prefer the matter just went away. Those conditions are ripe for a quick settlement.
        • deleted 7y ago
          [deleted]
• pnw_hazor 7y ago
  Giving advice that turned out to be wrong is a long way from proving legal malpractice.
  • jschwartzi 7y ago
    Otherwise you could sue your lawyer every time you lost a case.
  • deleted 7y ago
    [deleted]
  • vkou 7y ago
    No, but if you are a law firm with a reputation for giving wrong legal advice, you're going to have a harder time getting customers.