How to Find the Best Startup Legal Service for You

If you are wanting to run a startup, you will likely have a very long to-do list! And one of the top things on your list should be finding a startup legal service!

It is important to have a trusted partner for your new business that will give you confidence and peace of mind that you are in compliance and doing everything you need to be doing to legally and successfully launch your company!

But in today’s world, a startup legal service extends beyond needing to have an actual lawyer on your payroll. In fact, many companies are opting for digital startup legal services, where they can select the breadth and depth of services their company needs.

However, whether you are wanting an in-person startup legal service or a digital one, there are several key things you should do to ensure you’ve got the best startup legal service for you.

1. Have a proactive service

You don’t want a startup legal service for when you are in trouble, like getting sued. Instead. You want a legal service that takes a proactive approach in protecting you and preventing trouble for you. Digital legal service platforms provide all-in-one programs that help you form your startup correctly from day one, from formation and structure to financing. These programs also allow you to choose between products you can use to do it yourself or a professional legal service team to help you out.

2. Chat to other startups in your industry

Word of mouth is still one of the best ways to find a service that is right for you. Chat to other startups in your industry who have already gone through this process and see what worked well for them and what they learned. You’ll likely get some great recommendations of legal services for you to look further into as well!

3. Research experience and expertise

Before you commit to a startup legal service, you want to do your research and ensure they understand both your industry and individual needs. You also want to make sure they are reliable and have clients that are similar to you. Don’t rush with the research, it is important to find a legal service that really is the right fit for you.

4. Make sure you have the budget for their fees

Startup legal services range in fees depending on who you engage with. Often the online platforms that offer startup legal services tend to be more budget-friendly. As a new company, it is very likely you will be short on cash, so make sure that you can truly afford the service you are paying for.

5. Communicate timelines upfront

If you are going for an in-person legal service team, you’ll need to respect their time and the fact they have other clients. So unless they are a full-time member of your team, you need to have clear timelines and availability for sessions in place upfront. For those that go with the online services, you can choose to do what you have time for or an understanding for and engage with the professionals on a case-by-case basis. The latter option works better for many startups as it allows them to save costs and get access to help that they need on much shorter notice.

Finding a startup legal team that is right for you is super important. With these five tips, you’ll be able to feel confident in your choice and get your business going the right way from the very beginning, whether that be with an in-person on the online legal service team. At the end of the day, it comes down to the needs of your business and your budget.