Great Legal Advice

Ask the Wizard has some great legal advice for all you new startups out there:

Referencing the Wizard’s first rule of legal representation, one of the reasons you want people who’ve worked in this area before is that they can end up costing you a lot less money, even at a much higher hourly rate than other attorneys, to get pieces of business done. In the past, we’ve seen very expensive attorneys get financings, patent filings, contracts, and other work done for companies at 1/4 the total cost of similar work by another legal team and the resulting work is likely a lot more thorough if the firm’s had lots of experience in this area.

Honestly this is really dead on. A lot of this stuff I’ve learned the hard way (like Dick) so don’t repeat history – just read this blog post.

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