Even worse

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 can one say?


Categorised as: Lawyering, Startup Stuff