Why your startup needs a lawyer now, not tomorrow
- Startups often fail due to inadequate legal structure.
- Small companies spent an average of $5 million to settle legal disputes in 2017.
- Legal issues can arise at any moment; preparation is key.
The emphasis on legal preparedness in the startup phase is crucial, as many founders underestimate the complexities of legal compliance. A proactive approach to legal matters not only safeguards the business but also enhances its credibility with investors and partners. This topic warrants further discussion on how startups can effectively integrate legal advice into their growth strategies.
