Recent months have seen well-publicized developments in the legal industry as Axiom abandoned its IPO plans, and Atrium shut down. Meanwhile, investment continues to pour into LegalTech, and companies such as Linksquares, EverLaw and Eigen score large investment rounds to continue product development and expansion. What gives? Are there commonalities between these two groups? The … Continued
Michael Mills, the Co-Founder & Chief Strategy Officer at of legal AI company, Neota Logic, discusses a diagram that set him on a path to revolutionizing the in-house legal world.
Garages are so 1990s. Today’s startup is much more likely to get its start in an incubator, accelerator, or co-working space (such as WeWork). Getting cozy with other innovators may mean increased business opportunities, collaboration, and a whole lot more fun. The downside is you never know who’s listening to your plans for world domination. … Continued
We’re honored that EvolveLaw recently ran a guest blog on fundraising issues for startups from our CEO and Founder Noory Bechor. Noory’s looked at startups from both sides – initially as a lawyer for venture capitalists and other investors, and now as the CEO of LawGeex. As Noory writes: According to the management maxim known … Continued
Legal fees can burn through a startup’s resources fast when firms bill at $500+ per hour. Fortunately, there are alternatives. Your startup can save money on legal services. Some lawyers are willing to defer their fees until a startup is more solidly established, and others may be willing to work for equity in the company. We’re … Continued
No startup is an island. To succeed you’re going to have to form relationships with lots of other people and businesses: co-founders, investors, employees, vendors, customers, etc. To reduce risk and uncertainty, many of those relationships should be formalized with contracts. Here’s a short guide to the types of contracts your startup needs during the … Continued