lawyer cost for startup documentation

質問

One angel offered me a huge amount of money but wants all sorts of documentation. l am even required to hire a lawyer to create all the documentation. When I approached a couple of professionals recommended by the angel, the costs for creating the documentation at an international law firm would cost us close to USD10000. Is this what I should expect in any case? What shall I do?

回答: 2 公開 & 1 非公開

A70fd274ea
IPコンサルタント

Shop around -- if you can split the bureaucratic job into small easy pieces costs usually drop substantially. There are plenty of documents you can download a template for free or for US$5-10. Call me if you prefer talking to writing.

Headshot2 250px
弁護士

It really depends on how "huge" the money is, how the deal is being structured, and what kinds of documentation the angel is demanding.

If this is a Series A-type investment of multiple millions of dollars, then $10K isn't crazy. Those rounds usually involve a lot of paper, unfortunately: a whole set of interrelated contracts, amending the corporate charter, etc.

If it's a $10K or $100K investment, though, then you may be better off with a simpler deal structure, perhaps convertible debt. Take a look at the Series Seed documents (http://www.seriesseed.com/) for an idea of what a simpler deal can look like. One of those can be put together for $5K or less.

If you haven't actually incorporated, then you'd need to do that too (first).

最近の質問

Do people really steal invention ideas?

I sometimes see questions on forums like Quora about how to stop people stealing your invention i...

4 5386 2
Is interpretation of known historical facts protectable under copyright law?

I am looking for useful sources on protecting copyright. I am in the process of writing a book ba...

3 6115 2
Fair Use and news feeds

What is the current wisdom on compiling news feeds on a third party website so far as copyright i...

1 3962 0
Looking for good patent firm

How to find a good patent firm to help me apply patent in USA

3 4320 2
What constitutes 'prior disclosure'?

This might be a silly question but I’m a bit confused by ‘prior disclosure’ as it applies to pate...

2 4824 1

発明や知的財産について質問はありますか?
既存の質問を検索するか、専門家ディレクトリで専門家に直接お問い合わせ下さい。
(このページでは、新規の公開質問は受け付けておりません。)