August 11, 2022
There’s no getting around it, you will have to contend with uncertainties at the outset of your new company adventure. Many of these will relate to the legal and financial standing and operations of your company. This is why partnering with the appropriate New York startup lawyer is a necessary early step in safeguarding your firm from the start.
If you’re just getting started, there’s no better time to get a startup lawyer involved. If you are still in the planning stage, then this is a great place to learn about and choose the finest New York startup lawyer for your company.
Why Does a Startup Company Need a Startup Lawyer in NYC?
In New York, financial strategic planning also will likely involve hiring a startup attorney. The law occupies a complex and diverse landscape, and hiring a New York startup lawyer is one of the first steps a startup needs to take to navigate this. A startup lawyer in NYC can help you understand and guide you through the legal matters that impact your business. Instead of seeing them as a financial burden—consider them your business’s legal partner.
Benefits of a Hiring Startup Attorney in New York
You may well have fantastic ideas. But for unbiased and important legal advice relating to these ideas, you’ll need a startup lawyer.
Some reasons you need a New York startup lawyer include:
- They can help you select the proper company form for your needs—an LLC has less liability risk than a partnership or sole proprietorship. Your lawyer will aid you in avoiding unneeded legal complications.
- They can keep your intellectual property safe. Depending on your demands, a startup lawyer in NYC may help you with filing a trademark, copyright, or patent and preserving your legal rights.
- Being proactive in your legal affairs might lessen or even avoid litigation. A startup lawyer in New York may also assist you in staying in compliance with state and federal laws.
- They clarify contractual agreements and assist you in drafting quality legal contracts with your employees, customers, vendors, etc.
- A startup lawyer in NYC may also help you with real estate issues—they will go through all the small prints and advise you appropriately.
- Some firms can also connect you with the proper angel investors and professionals from the beginning and negotiate the most acceptable contract to help you reach your objectives.
To help you get started, we’ll look at the top 10 firms for startups below.
- Forward Thinking Legal
Forward Thinking Legal specializes in and focuses on serving startups and entrepreneurs. When you first start, they will aid you in designing your company’s structure and preparing you for the early phases of corporate management and compliance. They also aid with employment issues and equity compensation. If, on occasion, you might need help understanding a contract or creating clear agreements tailored to your company's needs, Forward Thinking Legal can help with that. As startup lawyers in NYC, they also prepare and lead entrepreneurs and investors through fundraising to protect their rights and interests in venture investments.
- Cohen Schneider Law
Cohen Schneider Law takes satisfaction in providing excellent legal counsel to entrepreneurs. To fulfill the pressing demands of new firms, they have created a fixed-fee launching package. This package allows you access to their seasoned startup lawyer in NYC and professional personnel. Their specialists can help you begin your firm on a sound legal foundation for a set fee that you can budget for ahead of time.
- Buchwald & Associates
Buchwald & Associates is proud of its unique approach to legal practice. They believe in putting their clients first. They don’t believe in complicated and unfamiliar legal jargon; their strategy is to help startup customers understand their legal options, alleviate anxieties, and manage their legal work without confusion. They also know that startups lack the financial resources of giant corporations, so they offer businesses transparent flat-rate packages.
- Romano Law
Romano Law, a startup lawyer in NYC, specializes in incorporation, LLC law, and offering legal guidance to entrepreneurs. Their startup lawyers are well-versed in corporate law and can help their clients make the most of their liability shield. This startup attorney in New York advises clients to decide which company entity best suits their needs, whether C-Corp, B-Corp, or an LLC. Every business is unique, and Romano Law provides tailored legal support with this in mind.
- Dilendorf Law Firm
Working with each client, Dilendorf Law Firm seeks to understand their unique business needs, objectives, and long-term goals. They can build personalized and effective solutions for each customer based on their experience in business, tax, and corporate laws. This New York startup lawyer advises new startups through the complete business cycle, from formation to venture capital, and builds successful methods to aid fledgling businesses in growing. One of their offerings is a flat-fee startup kick-off bundle geared toward the immediate demands of a company in the process of launching.
- NYC Counsel
NYC Counsel, a startup attorney in New York, has helped over a hundred startups create and develop. Offers include a complete legal startup package for companies in their first year, including formation documentation, employment, and consultancy agreements, company capitalization, and intellectual property arrangements. They give startups an allotment of hours they may use at their discretion to solve issues like employment, leasing offices or stores, and creating and executing commercial or personal agreements. They will also discuss day-to-day legal issues that may emerge in a business.
- Fridman Law Firm PLLC
Through a partnership with Fridman Law Firm, entrepreneurs can access a startup lawyer in NYC who knows the complicated challenges of entity structuring and creation, raising financing, taxation, and securities law. They have an extensive network of expertise in dealing with startups. They may also recommend startup clients to trustworthy advisers and professionals who are knowledgeable about startup companies' opportunities and problems.
- Benemerito Attorneys at Law
The attorneys at Benemerito Attorneys at Law recognize that entrepreneurs need a team of people working toward the same goal. Their vast network includes CPAs, website and app developers, marketing professionals, startup investors, and wealth management advisors. As a startup attorney in New York, they also offer several flat-fee packages to aid startup companies.
- The Law Firm of Ekaterina Mouratova
The Law Firm of Ekaterina Mouratova provides expert guidance to companies, exchanges resources, hosts seminars and conferences, and networks with like-minded individuals by creating its Startup Law Center. This startup attorney in New York offers a variety of tailor-made flat-fee packages that offer companies all the tools they need to succeed.
- Lowenstein Sandler
Lowenstein Sandler closes roughly 500 venture capital deals each year as a legal practice focusing on startups and other legal matters. They understand startup requirements and mindsets and the importance of early-stage financing. This startup lawyer in NYC represents venture funds and businesses seeking funding; they are often the link between seed investors and entrepreneurs. Their specialized Tech Group assists companies with unique solutions.
A Final Word about Startup Lawyers in NYC
For any startup in NYC, accurate financial and legal papers are critical to keeping everything above board and frictionless. Choosing a startup lawyer in NYC that knows your firm's demands and has access to an extensive network will allow you to establish your company without fear of ending up on the wrong side of the law.
Having all your legal bases covered is one of the most important areas of a startup to focus on early. While this is something best left to the experts, at least your financial documents don't have to be.
Creating accurate and dependable financial predictions for your company is one way to keep the startup process smooth, and this task can be made simple with ProjectionHub—we've created over sixty distinct financial projection templates to help you get a head start on your financial modeling project. Whether introducing a new startup lawyer to the ins and outs of your project or even working with them to hunt for the right investors, accurate projections demonstrate the worthiness of your ideas.