what every startup should know about hiring a business lawyer in new york
TRANSCRIPT
WHAT EVERY STARTUP SHOULD KNOW ABOUT HIRING A BUSINESS LAWYER IN NEW
YORK
Hiring and working with a lawyer can be daunting, but when you have chosen to become an entrepreneur, these
services are crucial for the survival and viability of your business enterprise. This is even more so when you are
starting a business in NYC and need to hire a lawyer to help you navigate the initial maze of legal formalities to set
up and register your enterprise. This is a critical step on the lifecycle of your business which should not be taken for
granted. In this blog post series we will attempt to touch on a few basic points that every start up should know about
hiring a business lawyer in NYC.
Looking for the right fit
A startup firm has very specific types of needs that the lawyer should understand in detail. Professionals who have
worked with large corporations might not fully appreciate the factors that are important in the life of a startup
entrepreneur. This is where your choice of the right legal expert counts. First and foremost, look for “fit” (i.e.,
someone you trust, get along with, enjoy working with, feel has an interest in you and what you’re working on, and
can relate to you). Referrals are often the best place to start. Competency and experience in your specific type of
industry is also a must. Seniority in the field is a dicey affair as most NYC business lawyers who have extensive
working experience tend to charge higher rates of professional fees. You will have to be very wise here to make the
right decisions.
Stay tuned for our next blog post on the topic!