idcee 2014: how to get a brilliant it lawyer when you have little money - mikhail pergamenshik...
TRANSCRIPT
How to get brilliant lawyerwhen you have little money
" I do not need a lawyer who tells me what I can not do. I hire him to know from him how to do what I want to do. "
- John Morgan
Stereotypes about each other
Lawyer VS Programmer
This is INVESTOR
This is YOU (startup)
This is your LAWYER
Fee
Hourly rates (blended rate, cap)
Fixed fee
Success fee
Mixed: success fee + fixed
Exmpl:1000 Eur + 5%2000 Eur + 3%
Retainer
In-house vs outsource
Odd job or permanent
Amount of work
Requirements to lawyer: high level of English, be great on intellectual property law, litigation, criminal law, establishment of foreign companies, structuring of business, transaction support, drafting contracts
1 person’s salary. vs fee for the work of the company1000 Euro vs. 1000 Euro
In-house vs outsource
In-house: “Using terms "calendar days" and "working days" in one contract isprohibited”
In-house: “I am against the contractor's right to terminate the contract, as itmay leave hardware unattended. In case of the client's refusal from thecontract, the contractor does not bear any risks”
In-house: “Finally, the text includes many spelling mistakes, but it's notcritical, I have fixed some of them ”
CLIENT: NO WORDS AT ALL.
In-house + outsource
Price vs. Quality
Expensive
For a long time
High quality
Free Consultation
Operation scheme:
Step 1. Free oral consultation
Step 2. Want more? Contact us and pay
Liability
The Contractor’s liability under theContract/Engagement Letter shall belimited solely to direct damage causedby the non-performance or improperperformance of its obligations underthe Contract/Engagement Letter, asestablished by court, in the maximumamount of the fees received from theClient with respect to the Servicespursuant to the provisions of theContract/Engagement Letter.
Contacts
Artem Afian
Attorney, Managing Partner atJuscutum Attorneys Association