tag:blogger.com,1999:blog-14170016.post4003140972345713120..comments2023-02-22T02:46:00.102-07:00Comments on Musings From Scott Converse: The Trouble with Venture LawyersScott Conversehttp://www.blogger.com/profile/11097112139314050031noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-14170016.post-9756747483119724332008-06-04T21:36:00.000-06:002008-06-04T21:36:00.000-06:00I have learned the hard way on both sides. Hired ...I have learned the hard way on both sides. Hired a cheap lawyer and got bad advice. Hired an expensive lawyer paid $15k to write a contract for a $100k deal.<BR/><BR/>After years of going through lawyers like maids at my house, I have one that is middle of the road and understands my business and sends us templates for a nominal fee, or tells us if something will be expensive. <BR/><BR/>Still, I am always careful before raising an issue to an attorney. Always seems like lighting money on fire.Anonymoushttps://www.blogger.com/profile/07068582285293823703noreply@blogger.comtag:blogger.com,1999:blog-14170016.post-8599800546349305922008-06-03T17:07:00.000-06:002008-06-03T17:07:00.000-06:00As was noted in the comments to Jason's blog, smal...As was noted in the comments to Jason's blog, small firms offer significant savings. There is surely alot of good talent available at small firms (even in NY) at substantially less than $500 an hour.<BR/><BR/>And outsourcing is already “here”. Here in Israel, there are a number of US expatriate lawyers, educated and trained in the US, serving US startups. (Disclosure: I am one of them.) Israel has a thriving startup market and Israeli legal fees are higher than those in India. Still, the savings for US startups can be dramatic. And it is not unusual for a US startup to enjoy a consigliere relationship with its US counsel located in Israel.Saul Liebermanhttps://www.blogger.com/profile/07399120227171316267noreply@blogger.com