A Startup Knows It Needs a Lawyer When:
JUNE 20, 2011
Lawyer time required (including vesting agreements for founders): 3 to 6 hours. And each award to a given employee requires a separate grant agreement laying out the terms of the grant. You need a lawyer to create the plan and grant agreements (on the grant agreements, once you have the form, you can probably use it for other future grants of the same type). 4. You are raising money: raising funds requires documentation regardless of type of financing.