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Yes - lawyers have just the downside. If something gets missed, blame the lawyer. As a result they get very aggressive on protection, and nitpicking. This be
by mathattack 13y ago
Yes - lawyers have just the downside. If something gets missed, blame the lawyer. As a result they get very aggressive on protection, and nitpicking. This behavior gets worse because they're incented on billable hours. They also don't share any upside. If a deal gets delayed by 2 months, they don't get hurt.
The willingness to skip the lawyer is a set of risk taking that separates entrepreneurs. If there's a 1 in 100 chance that there will be a problem, then it's better to worry about all the 1 in 3 problems that can bring down the company. Now if you have 1000 projects going on, then you have to worry about the 1 in 100s...