Posts Tagged ‘New York’
Should I Use My Investor’s Lawyer?
by Scott Edward Walker on August 31st, 2011Introduction
This post was originally part of the “Ask the Attorney” series which I am writing for VentureBeat (one of my favorite websites for entrepreneurs). Please shoot me any questions you may have in the comments section – or feel free to call me directly at 415-979-9998 (San Francisco) or 310-288-6667 (Los Angeles). Thanks, Scott
Question
We’re a startup based in Palo Alto, and we just received a Series A term sheet for a $725,000 investment. The investor is kind of insisting that we use his lawyer at a big Valley firm to represent us. He said that he doesn’t need a lawyer, and this will save us a lot of money. We’re first time entrepreneurs, and we don’t know if this is standard practice and what we should do. Any advice would be appreciated.
Doing Deals – 3 Tips for Entrepreneurs (Part 3)
by Scott Edward Walker on August 25th, 2011Introduction
I’ve been doing deals as a corporate lawyer for 17+ years, and there are certain fundamental mistakes that I’ve seen entrepreneurs make over and over again. Accordingly, I thought it would be helpful to share three basic tips in connection with doing deals. This is part three of a three-part series, which was originally posted on Forbes.
In part one, I discussed the importance of being careful with letters of intent, creating a competitive environment and using your lawyer as a “bad cop.” In part two, I discussed the importance of checking your emotions and remaining disciplined, not blinking first and leaving some chips on the table.
What’s It Like Working at a Major New York City Law Firm?
by Scott Edward Walker on January 26th, 2011Introduction
About once a week, I receive an email or phone call from a law school student asking for career advice and specifically inquiring what it’s like working at a major New York City law firm (as I did for nearly eight years). I discuss below the good, the bad and the ugly.