I am working on a internet startup, living in New York City. I am planning to setup a company and I am looking for a good Lawyer to help me with the following:
a) Setup the company (prob Corp)
b) Write Terms & Conditions
d) Website usage Disclaimer
I went to a lawyer in Manhattan, NY referred by SCORE (http://www.score.org/index.html )
but she said the cost would be up to 10K (5 times the cost of my website)
Can some one suggest how to go about on this...
Your best bet is to look at some of the online places to setup a company. I used http://www.nolo.com for a California LLC and it worked great.
For b thru d, I would go find a site you like and see what they have. This stuff is not that hard, you just have to do a lot of digging and research.
10k is really high for this stuff. It's pretty boiler plate for an Internet Startup. Definitely shop around.
Sounds a bit ridiculous for something that is basically several template draft docs tweaked to fit your needs.
a) with so much information here and opensourced by law firms, you can get it done yourself just fine (otherwise you can ping my friends at http://www.vcreadylaw.com ) My gut tells me the most cost effective route is to stick with NY corp
I am "allergic" to legalzoom and nolo, since I have seen their docs and you can get better quality by spending some time on Scribd.com (that is where many private practice guys/gals tend to get their drafts from).
Lastly, recently there was a great article on the subject by Mark Suster: How to Work with Lawyers at a Startup. Good read, though I don't agree with couple of minor points.
If you were in CA, I would provide the services you are seeking for about half the price you were quoted. I believe that part of the problem is that you went to a lawyer in Manhattan, where everything is too expensive.
You might be able to get away with forming the corporation on your own, using a book from Nolo, if there never will be any other shareholders and you will not be issuing shares to employees or independent contractors. Please see Can I form an LLC without a lawyer? (discusses LLCs, but similar considerations for corporations). (I consider this information and forms provided by Nolo to be better than those provided by online services.)
Disclaimer: This post does not constitute legal advice and does not establish an attorney-client relationship.
I used this company based in NY for contract work and found them very reasonably priced. Their business model is built around lowering the cost of legal services and work with a lot of tech startups.
Here is the link:
http://www.generalcounselsolutions.com The person I worked with was Gregg Schor, I believe he is the founder.
Best of Luck,
I think the big question is "why do you need all these things?"
It comes down to: if you have little to protect against, or nothing to protect, then go cheap. If you have real assets, or real risks, then you gotta spend what you gotta spend. ($10,000 sounds very high, still, though.)