What to Look for in Startup Lawyers
Experience with venture transactions: Ask specifically about SAFE notes, convertible equity, and multi-jurisdiction structures. If they’ve never seen a YC SAFE or don’t understand why you might need a Delaware holding company, keep looking. Speed and responsiveness: Startups move fast. A lawyer who takes a week to review a simple NDA will become a bottleneck during fundraising. Test their responsiveness during initial conversations. Fixed-fee structures: Avoid lawyers who only work on hourly billing for routine startup tasks. Good startup lawyers offer packages for incorporation, employee agreements, and standard fundraising documents. International connectivity: If you plan to raise international capital, your lawyer needs relationships with US or UK firms who can handle cross-border transactions. Ask about their international network before you need it.Questions to Ask Potential Lawyers
- How many MENA startups have you helped incorporate in the past year?
- What’s your standard fee for setting up a dual structure (local + Delaware)?
- Can you handle our first funding round, or will we need international counsel?
- How do you typically structure ongoing legal support for growing startups?
- What’s your average turnaround time for reviewing investment documents?