Our survey results demonstrate that startup companies are exposed to a wide variety of legal needs from an early stage: when attorneys associated with the Startup Legal Garage were asked to handle a company’s most pressing legal needs, the average startup received assistance with over three distinct legal matters over the course of a thirteen-week academic semester. These issues often spanned multiple categories. Although matters frequently touched on a variety of topics within companies, strong similarities emerged in the types of issues faced by all startups in our sample. Almost 90% of the legal matters addressed by Startup Legal Garage teams fell within the categories of general corporate formation, contracts, and nonpatent intellectual property.
Armitage, Alice; Frondorf, Evan; Williams, Christopher; and Feldman, Robin
"Startups and Unmet Legal Needs,"
Utah Law Review: Vol. 2016
, Article 1.
Available at: http://dc.law.utah.edu/ulr/vol2016/iss4/1