In this episode of the Thoughtful Entrepreneur, your host Josh Elledge speaks with the CEO and owner of NEXT.Law, Anthony Millin.
According to Anthony, Next.law’s new model offers a solution to one of the challenges that startups often face: the lack of predictability and sustainable legal fees. By productizing legal services and offering fixed prices, Next.law aims to make the cost of legal services more predictable for startups. This can help startups budget for legal expenses more effectively, and avoid unexpected costs. Additionally, by making legal services more accessible and affordable, Next.law’s new model can help to ensure that startups have access to the legal support they need, without breaking the bank.
Anthony explains that early startups typically have typical engagements such as the steps needed when one founder leaves, seed financing, and protecting their intellectual property. He states that business owners should cover these legal needs to derisk their businesses. By covering these legal needs, startups can reduce the risk of legal issues arising in the future and help ensure their long-term success.
Key points from the Episode:
- Key points:
- Overview on what Next.Law is about
- Services offered by Next.Law
- 5 most common engagements for early start ups
- The benefits of working with Next.Law
- C-corp versus LLC