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A Startup Knows It Needs a Lawyer When:

ithacaVC

Lawyer time required (including vesting agreements for founders): 3 to 6 hours. 2. You need (or think you need) a stock option plan: granting stock options (and other forms of equity compensation to employees like restricted stock) should be done under a written equity incentive plan. Lawyer time required: 1 to 3 hours.