I love Fred Wilson’s blog. Sure, he’s a smart VC, but he also writes well and believes in sharing his knowledge. I always learn something from his posts. A little more than a year ago, Fred issued a challenge to startup lawyers: to keep legal fees down for startup investment transactions. Way down. In his […]
Here’s a lawyer secret: we recycle our documents. Over and over and over. We even have a fancy word for it – “precedent.” For the most part, the use of precedent is efficient and benefits the client. Few would want to pay for their agreements to be drafted from scratch, when a document from a […]
Lawyers, by nature, are a conservative lot. That’s a good thing up to a point. You don’t want your attorney to be one of those people who goes off half-cocked. But when lawyers reflexively follow bad habits handed down from one generation to the next, it can be a problem. Look no further than a […]