When you’re focused on bringing your new idea to market and securing venture capital, hiring a lawyer might be the furthest thing from your mind. After all, you’re new product (probably) isn’t illegal, so what do you need legal counsel for?
But between city, state, and federal regulatory agencies and a slew of legal documents your startup is going to need, it’s probably a good idea to invest some time and money on legal advice. But how much? And should it be in-house?