SlideShare a Scribd company logo
Your Legal Team

Legal Issues In a
Startup

1
Breaking Ground

Your Legal Team

 Legal is only reactive

 Lawyers are “they”
 Complex
 Boring
 Only large corporates have them
 Know the law
2
Top 10 Issues (only and not
exhaustive)

Your Legal Team

 Legal form
 Inter-se understanding amongst founders
 Capital structure
 We need funding
 Agreeing to funding terms out of
desperation
3
…the

next lot

Your Legal Team

 Its urgent and hence sign or I know it

 The law firm might be big, but know your
lawyer
 Knowing when to ask.
 Get the legal folks engaged earlier on
 Non compliance, No
documentation, Don’t know
risks, Protection.
4
Your Legal Team

www.novojuris.com

@novojuris.com
info@novojuris.com

Contact Us
839, I floor, 2nd cross, 7th
Main, HAL II Stg, Indiranagar
(near Giria's on 100ft Rd)
Ph: 080 40924173 / 25270163
Bangalore.

5

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Legal issues that Startups face

  • 1. Your Legal Team Legal Issues In a Startup 1
  • 2. Breaking Ground Your Legal Team  Legal is only reactive  Lawyers are “they”  Complex  Boring  Only large corporates have them  Know the law 2
  • 3. Top 10 Issues (only and not exhaustive) Your Legal Team  Legal form  Inter-se understanding amongst founders  Capital structure  We need funding  Agreeing to funding terms out of desperation 3
  • 4. …the next lot Your Legal Team  Its urgent and hence sign or I know it  The law firm might be big, but know your lawyer  Knowing when to ask.  Get the legal folks engaged earlier on  Non compliance, No documentation, Don’t know risks, Protection. 4
  • 5. Your Legal Team www.novojuris.com @novojuris.com info@novojuris.com Contact Us 839, I floor, 2nd cross, 7th Main, HAL II Stg, Indiranagar (near Giria's on 100ft Rd) Ph: 080 40924173 / 25270163 Bangalore. 5