An article from Cornell Tech outlines that “Brick-and-mortar regulation can dampen innovation” for tech companies. Thus, lawyers representing new innovation minded companies need to be defining new legal frameworks rather than applying the old ones.
Here are the three reasons tech companies need a different kind of lawyer:
1. Tech Companies Employ Unique Business Models
2. Tech Companies Have a Different Culture
3. Tech Companies Pivot When Necessary
See the full article here.
If you find yourself and your company need a new kind of lawyer with a new kind of thinking, please click here to schedule a consultation with EMSigma Law today or call (205) 208-9636.
Many startup businesses fail because they begin seeking legal counsel right before the crash instead of prior to the launch.
Legal counseling is necessary to ensure that businesses think realistically about how to best organize a company with legally attainable goals and plans in mind.
A company must be practical in its needs. A startup needs basic guidance, like choosing a location; should you buy, rent, or get free space in return for services; loans, intellectual property rights, and essential paperwork that keeps your business running smoothly.
These are just some of the basic questions that EMSigma Law covers at an initial consultation prior to building a successful plan of action.
For more information on planning for business success, contact Attorney Eric Martin Scott today.