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Key Considerations When Selecting a Corporate Attorney for Your Startup

selecting a business attorney

In this interview with Jeremy Glaser, who is a partner at the law firm Mintz Levin and also serves as Co-Chair of the firm’s Venture Capital & Emerging Companies Practice, we discuss key considerations for hiring an attorney for a young startup that is raising early rounds of financing, including convertible debt and preferred stock. At a minimum, your business law attorney should have experience in exits for startups including selling companies in a Mergers & Acquisitions (M&A) transaction and in an Initial Public Offering (IPO).

Jeremy says, “All of these issues are looking toward the ultimate exit. That is an IPO or an M&A. Whatever term you use to do these deals, you want to make sure that the attorney has also done initial public offerings and M&A selling companies. Without knowing how those transactions work out, they could potentially make some serious mistakes in negotiating the terms, whether it’s that convertible note or, more importantly, the terms of your preferred stock financing. That’s a really important thing to ask when you’re going to work with someone.” However, finding an attorney can often be an overwhelming process, but thankfully, there are sites like Find An Attorney which can make the selection process a lot easier.

If you’d like to get a complementary assessment of your business plan or investor presentation, or you’d like to register for one of our virtual coaching workshops, please contact us at , or to QuestFusion Virtual Coaching to learn more about virtual coaching and to register for a workshop. At QuestFusion, we love working with entrepreneurs, and we will work hard to help your company become the next great startup success story.

This is Patrick Henry, CEO of QuestFusion, with The Real Deal…What Matters.