Founders Agreements

When a company is formed, the founders typically retain a law firm to advise them in connection with setting up the company. Most law firms that advise founders will require that they sign an engagement letter acknowledging that the company and not they are the client. This means simply that the founders do not have…

When a group of entrepreneurs go into business together, one of the first things they should do is consider drafting a Founders’ Agreement. While a Founders’ Agreement is not always legally binding,  it does provide some protection to founders who later find themselves at odds with one another. The agreement is documentation that you were once…