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by CPLX
886 days ago
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This isn't necessarily true. 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. |
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As per my original post. That statement is one made from the comfortable armchair of somebody who has not had to litigate off the back of a free/cheap ready-made contract.
What is a waste of resources is paying a lawyer to try to get you off the hook for something that could have reasonably been in the contract in the first place had you had it drafted for your specific business context rather than relying on some shit internet template.
> most lawyers are just using THEIR templates anyways and charging more.
This is bullshit and you know it.
Yes, lawyers use base templates, but that's because there are some clauses that will always need to be there no matter what. However the devil is in the details and the lawyers also sit down with you to understand your business context and those templates get edited, sometimes heavily edited depending on the business context.
The point is that you are paying the lawyer for their experience. They know what should be kept in the template. They know what should be removed from the template. They know what should be added to the template AND they know how to add stuff to the templates in a legally correct manner.
You claim to have spent time with lawyers drafting legal documents, ergo you should know that and not spread FUD.