In my last post, I made a comment about startups not needing 45-page LLC agreements. I guess there’s even worse being perpetrated out there. A friend, who also represents startups, reports the following: Apropos of your point, I am in the process of negotiating a 2-member, early stage operating agreement which spans 70 pages What […]
Take a look at this recent NYTimes piece, reporting that many attorneys are leaving big law firms and opening up practices of their own. Not sure this really qualifies as news at this point, but okay… To me, the more interesting issue is how many of these newly self-employed attorneys will perpetuate the standard hourly-billing […]
The idea occurred to me recently that if you are the founder of a startup or the president of a small company, you should find a lawyer who rides his bike to work. I’m not sure what triggered this random thought, but as I have considered it, I have come to feel that it has […]