While James Alonso has operated at huge law office for much of his profession, he’s been dealing with start-ups the whole time. He’s likewise an engineer by training– and by practice. He just recently established a brand-new startup-focused law company ( Magnolia) that integrates file automation software application ( Docasaurus) that he built himself and also licenses to other law office.
On start-up law
” It simply sort of is who I am. I have actually been a programmer and have worked on my own companies considering that prior to I was an attorney, so I naturally gravitated towards representing this sort of company. Being part of the start-up neighborhood and helping founders browse high-stakes concerns is just enjoyable and I’m fortunate that this is what I get to do.”
On his method
” It’s all based on comprehending the customer’s viewpoint. They desire actually professional legal recommendations, however the way most companies provide and package that suggestions is simply not what the clients require. It’s not just the outrageous costs, but even the way they communicate and overcomplicate things.
” James has helped me with several business formations, financings, worker conflicts, and lots of other issues. He’s remarkable.” Derek Andersen, Palo Alto, founder, Start-up Grind
I desire to be the legal representative who you’re not afraid to call (or text or slack) due to the fact that you’re stressed that every minute is developing up to an insane bill. And on the innovation side, I actually do think that if it can be automated, it should be automated and I put that into practice. That suggests that for typical offers like developments or early stage fundings, I spend barely any time in fact preparing the documents. Which is terrific for everybody since the client gets the high quality advice they desire without being forced to pay for a side of unneeded drafting. “.
On common startup legal issues
” Possibly half of the advice I give early phase companies has to do with how to avoid errors that will slow down or threaten your next round of funding. The majority of mistakes are fixable, but you are simply so far better off if we resolve them early on instead of awaiting your investor’s counsel to find them in the middle of a round. The truly bad ones tend to relate to stock alternatives or anything with permanent tax effects like missing an 83( b) election.”
Below, you’ll discover more founder evaluates about James, the complete interview, and more details about his rates and cost structures.