Why Founders Trust Startup Legal Experts for Long-Term Business Stability
Founders do not engage lawyers because they believe that there will be trouble. Actually, many businesses operate for several months, sometimes even years, without having to face any significant legal problem. However, the founders who eventually establish strong businesses capable of being funded all share a common trait: they solve legal questions prior to experiencing them. This may explain why startup legal services in India tend to get engaged at an early stage of development. Most Startup Problems Don't Start as Legal Problems A founder disagreement rarely begins with a legal notice. It usually starts with a misunderstanding. A consultant develops a valuable feature for the product. Everyone assumes the company owns it. Years later, during due diligence, someone asks for the intellectual property assignment agreement. Nobody can find one. A co-founder leaves. There was never any discussion about what happens to thei...