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by traceroute66
886 days ago
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> Where can I find good legal documents? A lawyer. A lawyer. A lawyer. A lawyer. END OF STORY. And I'm saying that from a perspective of someone who used to use free/cheap template docs a long time ago. The hard reality is that free/cheap ready-made docs are highly unlikely to be suitable for your business context for one or more of the following reasons: - Jurisdiction of you or your clients
- Insurance requirements from your insurer or your clients insurer
- Clauses not there that should be there
- Clauses there that are not good enough
- Clauses there that should not be there
Free/cheap docs are all fun and games until the shit hits the fan and you need to rely on them. Its at that point you'll find yourself wishing you ponied up for a lawyer. Trust me, been there, done that, got the postcard, never again.Paying a lawyer to help you with legal documents is a necessary business expense. Just like paying taxes, either you pay upfront or you pay the penalty later. |
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I've spent six figures on legal fees easily, and I also use templates and off the shelf stuff all the time. Clerky is a good resource and is fine for most core stuff.
You just can't pay lawyers every time you do everything, it's a waste of resources for small simple businesses that may never go anywhere. And the other issues is EVEN IF YOU DO that doesn't guarantee anything, most lawyers are just using THEIR templates anyways and charging more. If you don't know what to ask for you and don't yet understand the business dynamics you really get almost no value add from having an actual lawyer.
I'm currently paying a law firm about $20k to rewrite a bunch of docs that I used templates for about 5 years ago. I consider that a success, the business now has millions in revenue and can afford it and it's fine. That's a pretty normal sequence of events in business.