Guest Post When I was a youngish “tech lawyer” in D.C., I discovered that every D.C. lawyer advocating for tech entrepreneurs thought they were full-blown tech lawyers. We were not. We were policy advocates. I learned this the hard way.
Samsung’s been a bad, bad boy. And I’m not just talking about creative ways to make its Samsung Galaxy S4 look faster than it is. In a court filing made public this morning, U.S. Magistrate Judge Paul S. Grewal says that Samsung’s lawyers inappropriately shared Apple-Nokia licensing agreements with Samsung executives.
“Software won’t eliminate lawyers, but it frees up our time to focus on what matters, which is winning,” Geof Vance, a partner at law firm McDermott Will & Emery told VentureBeat.
BriefMine, a startup launching today, is one of only a handful of legal tech companies that are using technology to push the boundaries of legal practice.
Three months before releasing a quarterly earnings report that slaughtered an already-decimated stock, Zynga executives and investors unloaded some of their stock, raking in more than $500 million dollars. Now, multiple law firms are investigating whether the company or its executives did anything improper.
[vimeo 33887254 w=640 h=360] Question and answer company Avvo, a competitor of Quora‘s that focuses on medical and law queries, is fighting off legal battles while developing its service. It has one goal: make these otherwise elusive professionals as accessible as possible.
A reader asks: We launched our company about six months ago, and we’ve been using a big Silicon Valley law firm to handle the legal work. The problem is, we’re getting killed with the fees. We just closed a $250,000 convertible-note financing, and the bill was almost $13,000. When I reviewed the invoice, I saw the partner was billing us at $740 an hour, a senior associate at $595 an hour and a junior associate at $350 an hour. We like them and think they’re doing a good job, but we just can’t pay this much for legal work. Could you please give us some advice on what to do?
Navigating the legal waters as you launch a business can be a perilous journey. Good attorneys are expensive and the temptation to cut corners and jump into product development is often a strong one.
Avvo is a new company that lets people find good attorneys, letting them seeing how others have rated the lawyers, and whether they have been disciplined. It lets users rate attorneys too.
Over coffee today, Silicon Valley lawyer Warren Lazarow was telling VentureBeat that merger and acquisition activity is “out of control….there’s more action right now than during the boom.”