Incorporation · Legal

Should I use a law firm to incorporate or

Misha Britan

April 22nd, 2015

Should I use an online site like that one?
Or a friend, with a discount?

For a pretty standard incorporation for a start up.

Peter Harvey CEO Intelli-Global

April 22nd, 2015

do it on your own.  no attorneys needed.  It's so simple that if you use and incur the cost of an attorney you'll kick yourself later

Anthony Lewis Attorney, Startup Advisor, Explorer

April 22nd, 2015

I've also heard of people being satisfied with You can post jobs and attys will bid on the project (think eLance for lawyer projects). They have user reviews, etc. so you can vet them. They also have standard pricing for incorporating in DE ($700). Another benefit is that you may connect with an atty that you particularly like and can work with going forward. UpCounsel also has a money back guarantee. I've never personally used them, but my friend did and was impressed with the service. 

Stefan Gomez Entrepreneur, Engineer & Product Builder

April 22nd, 2015

David Schwartz Multi-Platform (Desktop+Mobile) Rapid Prototyping + Dev, Tool Dev

April 22nd, 2015

A LegalShield membership would allow you to fill out paperwork, then discuss your situation with them and have them review it and give you feedback to let you know if anything substantive is missing.

I've heard some horror stories about people who used standard forms and templates without having them reviewed before filing them, and assumed everything was fine until they ran head-first into a brick wall when they discovered they had been doing stuff that they assumed was allowed by their forming docs but wasn't.

Just say'n ... I believe it pays to have a lawyer review your docs before filing them, which is why it's good to pay a little more up front to work with a law firm that does this kind of thing regularly. Best case is, they'll look things over and give you a green light. But if your situation is even slightly non-standard, their insight can keep you from shooting yourself in the foot.

Joe Milam CEO AngelSpan, Inc.

April 23rd, 2015

Don't overlook DLA Piper.

They have a program called NEST that will do a full startup package for about $2500, presuming everything is pretty standard.

More than Clerky, but you do get a live body for some initial counsel. 

Having done it myself, I wish I knew about DLA's program.

Heidi Hutchison Managing Director, Tau Consulting Group ❖ Outsourced Marketing Expertise ⇨ Driving Business Growth

April 23rd, 2015

I will be attending a conference in Atlanta from Wednesday, April 22 to Saturday, April 23. I will have limited access to emails. If this is urgent, please call me on my mobile or text me at (858) 245-7003. I will be back in the office on Monday, April 27. Cheers, Heidi

Dan Oblinger Founder at AnalyticsFire

April 24th, 2015

For a pretty standard incorporation for a start up.

If it is standard, then is a great choice -- especially if you are tempted to follow Peter Harvey's advice to just do it yourself.  We used and also a lawyer, just a bit.  Clerky's forms have been updated w. many clauses that are optimized for startups.

the cost is only a couple hundred dollars... worth it.

MaxBlox/Founder Institute Director, Chennai Area at The Founder Institute

April 22nd, 2015

Definitely some online service rather than lawyers for a basic incorporation.  We have used

Brandon Shapiro CEO & Founder at BridgeHaul

April 22nd, 2015

CooleyGo is hands down better than all those services like LegalZoom.  Cooley is a top tier firm in Silicon Valley and they provide automated document preparation for free. 

There are about 12 different documents you can create including bylaws, stock issuance, employee agreements, contractor agreements, etc.  The actual act of incorporating is just filling out a form with your bylaws attached and paying a fee or at least that is what process is for Delaware.

L. Marshall-Smith

April 22nd, 2015

There is also