We are extremely passionate about startups. In fact, our firm grew from a particular knack for successfully and efficiently assisting and representing startups. The various startup clients we represent span the United States, Europe, and the Middle East.
As legal consultants to numerous startups with several entrepreneurs among our own ranks, we understand the particular challenges building a business may entail. Because we are keenly attuned to the fact that startups operate under immense internal and external pressure, they often function under high uncertainty, and they must be agile and flexible to thrive, you can be assured that our legal team will work in sync with your team.
While each startup is unique, they all evolve and experience distinct phases during their lifecycle. Whatever stage your startup is in—whether it’s in the Development, Launch, Growth, Acceleration, or Maturity stage—we can help.
In the very first phase of the business lifecycle, often called the Development stage, founders have a business idea and are ready to take the plunge. At this stage, we can assist you with preliminary legal matters including drafting a written agreement between the founders, deciding the best type of legal entity to suit your startup, creating the appropriate legal entity and the necessary corporate documents, and protecting the business’s intellectual property.
At the Launch stage, while you and your team are busy developing your minimum viable product (“MVP”) and preparing it for release into the market, our legal team will work to ensure proper founder agreements are formed, initial investment documents are properly drafted, and independent contractor agreements (“ICA”), non-compete agreements, and non-disclosure agreements (“NDA”) are ready. We will also take the necessary legal steps to make sure the startup’s trademarks and/or patents are safe and secure.
During the Growth phase of your startup, the business is typically generating a consistent source of income and has a regular flow of new clients. It may still be identifying product market fit. There may be some marketing going on now, but cash reserves are limited. While revenues are relatively consistent, spending outpaces incoming revenue. At this phase, we can assist with drafting financing documents, creating Terms of Service (TOS) agreements, and drafting customized customer contracts.
Next, startups usually experience the Acceleration phase. At this stage, the business has firmly established its presence in the industry and clients are clearly defined. Marketing plans are fully developed, business development is in full force, and revenues are increasing. Here, our legal team can serve to support financing rounds, provide option plans, and manage your cap table.
The Maturity stage is the final phase of the business cycle and it is often awaited with bated breath. This is the gratifying phase where a fully developed sales department is in place and the startup achieves profitability. The business might now focus on broadening its horizons with expanded offerings and entry into new geographies. We can assist with drafting partnership agreements and general corporate contracts. This is also the phase where litigation issues may arise. If and when they do, we are here for you. Our firm has an entire litigation department dedicated exclusively to commercial litigation, with a particular focus on intellectual property litigation and technology law. Whatever the commercial litigation matter is with your startup, we have you covered.