• July 2018
    M T W T F S S
    « Jun    
     1
    2345678
    9101112131415
    16171819202122
    23242526272829
    3031  

Is it bad to have too many legal documents for a tech startup?

“It depends” definitely fits here. Typically startups lack legal documents, which is much more of a risk than having too many. There are a few instances where legal documents can cause ill effects though:

-Asking investors to sign a non-disclosure agreement (NDA) before meeting with them. Investors are usually turned off by this, which is not a good first impression.

-Applying for a costly non-provisional patent rather than taking advantage of legal documents which protect IP, such as confidentiality agreements, IP assignment agreements, or provisional patent. Unless your startup is in the software or product world, applying for a patent is probably not necessary in the very beginning.

I’m sure there are other times that legal documents are unnecessary, but I’m unsure if they’re ever “bad.” Feel free to stop by LawTrades to speak with a startup attorney about your legal documents. We offer flat-fee pricing and end-to-end management so that your legal work gets done as planned from the beginning.

Sending
User Review
0 (0 votes)

Legal is hard. Let’s tackle it together.

Speak to one of our Legal Pros and discover how we can help.

Let's Talk

Comment

There is no comment on this post. Be the first one.

Leave a comment