Do startups need to find lawyers as legal advisers?

Startups should have legal advisers.

Everything is difficult at the beginning. In the beginning of the company, will encounter a lot of legal issues, such as the company's structure to choose: limited liability company, even the partnership, self-employed businesses are possible alternatives, which choice is more appropriate? For example, the company's funding structure (shareholding structure) how to arrange more reasonable? is the form of corporate capital financed only by pure currency or by receiving land, plant, intellectual property or even labor?

Many entrepreneurs do not understand the true meaning behind these different options. Casually making a choice may cost a lot more to make up for it in the future.

I'll just throw in a chestnut, for example. If the company accepts only pure money, then if a founder promises to invest 200,000 yuan, but he can only invest 50,000 yuan or 100,000 yuan, what about the remaining vacancies? Is it a capital reduction or is it for other founders to fill in? If the money is reduced, will it have a negative effect on the reputation of the company (others may think that the company's poor operating conditions only to reduce the money), if the other founders to fill in, the other founders are not comfortable?

If the company allows Non-monetary Capital contribution, take the land as an example, the income of the land is slowly appearing in the future, but the transfer registration deed is about to be handed over, this money may not be small number, how to solve? Intellectual property contribution, the value of intellectual property who to measure, will someone feel that they suffer? Therefore, any problem to be considered is a lot, and it is very complicated, and it is necessary to "make a private order" according to the situation of the start-up enterprises.

In addition, at the beginning of the company, there are many relations to deal with, a lot of formalities to do. Many entrepreneurs are actually technical curtilage, in a certain area of expertise, although have their own unique insights, but in the "communication with people," this is relatively immature, this in the young entrepreneur embodiment is particularly prominent. It would be difficult for them to deal with the business and tax affairs. These are not mentioned, it is not easy to talk about renting (leasing contract), hiring (labor contract) or something. Is it much better to have a legal advisor?

When the company is on the right track, the legal problems are different. Of course, this is based on the company's specific business scope, the different companies encountered legal problems are not the same, here is not to elaborate.

Some of the cases I've dealt with, many are because the company in the initial stage of the project does not value the lawyer, the project's legal relationship to make a mess, to the end of the economic interests of the parties suffered a lot of losses, out of the matter to find that the law does not protect themselves, this loss may be N billion level. This kind of case has the individual name, is called "the historical problem", believed that the lawyer hears these six words to be careful the liver to tremble a bit ...

Of course, for start-up companies, the legal fees are not low, how to say a year also need a tens of thousands of yuan. But I think if you find the right lawyer, that money is not a loss. Because he may be helping to deal with legal issues, but also can use his social resources to help the company solve some of the more difficult problems. A lawyer may be one of the widest occupations in the circle of communication ... Oh, OH. Furthermore, if the consultancy fees are really difficult to bear, we can talk about the way of charging, for example, the first two years of free or low-cost services mentioned by students, and after two years, according to the normal standard, I think it is a very good model. Even if both sides really agree on it, it is possible to directly recruit lawyers into one of the business partners.