what every startup should know about hiring a business lawyer in new york

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Page 1: What Every Startup Should Know About Hiring a Business Lawyer in New York

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!