I've had top SV lawfirms whos partner charged our company $2000/hr and still couldn't get the right docs in the signature packet. and another getting share counts wrong during raise.
frustrating that law firms have no liability for these mistakes
no, but they are responsible for all work being done under them. What is the point of paying a partner $2000/hr if the work of their subordinates is wrong?
Most interactions with big tech firms involve 4-5 people so a basic phone call is $5k-10k. It shouldn't be unreasonable to expect after paying $80k for a financing round that they issue the right docs to the right people.
hansonkd · · focus · HN ↗
frustrating that law firms have no liability for these mistakes
I welcome ai law
d0odk · · focus · HN ↗
hansonkd · · focus · HN ↗
Most interactions with big tech firms involve 4-5 people so a basic phone call is $5k-10k. It shouldn't be unreasonable to expect after paying $80k for a financing round that they issue the right docs to the right people.