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by syedkarim
1830 days ago
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I haven't had any luck with this approach. In some cases, the good-lawyer-you-know will respect the intellect of a lawyer from another firm that has a specialty in IP law. And then the referral will get passed down to an associate partner who is just overseeing the work of junior lawyers. In that scenario, the referral from the good-lawyer-you-know had no real value. The other scenario is that the good-lawyer-you-know has a personal relationship with a practicing (as opposed to managing) IP lawyer. This may be a solo practitioner. But the problem with this approach is the the good-lawyer-you-know is relying on an instinctual assessment of the IP lawyer (I like this person; they seem smart), since the good-lawyer you know has not had a need to defend or litigate IP matters. My experience comes from working with a dozen different lawyers, with many being rereferred. I have had $1200/hour partners provide me with factually incorrect information (wrong about actual black-and-white law). And I have had lawyers provide me with $20,000 legal briefs I did not authorize or order. When it comes to litigation attorneys, I have had some success finding a lawyer through other founders who had been fighting lawsuits for years and hired/fired several lawyers to finally settle on the most competent. I have also had luck in finding legal specialists by becoming very well informed on the subject matter (reading lots of case law) and then interviewing random lawyers, who I usually came across through legal blog posts. |
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Finding the 5% that are competent is harder than it looks.
And the hourly rate and/or physical location of said lawyer bares no correlation to competence level.
And once you find that person they usually get scooped up and become GC for some VC funded startup or whatever because word travels.