Paul S.

CEO
Member Since: August 4, 2020
Cincinnati, OH

Paul S. is now available for hire

Summary info

Hourly Rate
$400
State License
CA, OH
Years Practicing
37
Insurance
Yes
General
Legal Packages
Client Feedback
Legal Answers
Biography
Platform Experience
Employment
Education
Project Preferences
Startup Formation
Startup Formation Package (single founder, Delaware corporation)

$1,000

7-day delivery

What's included:

  • Prepare and file certificate of incorporation
  • Prepare bylaws
  • Prepare initial board resolutions
  • Intellectual Property Assignment Agreement (standard template)
  • Filing fees not included
Startup Formation
Startup Formation Package (multiple founders, Delaware corporation

$2,000

7-day delivery

What's included:

  • Prepare and file certificate of incorporation
  • Prepare bylaws
  • Prepare initial board resolutions
  • Intellectual Property Assignment Agreement (standard template)
  • Restricted Stock Purchase Agreement with vesting (standard template)
  • Filing fees not included
Multi-Member LLC
LLC Formation Package (multiple members

$1,200

7-day delivery

What's included:

  • Prepare and file articles of organization
  • Prepare multi-member operating agreement with one class of members (standard template)
  • Additional provisions available for added price, depending on provisions
  • Filing fees not included
Single-Member LLC
LLC Formation Package (single member)

$500

7-day delivery

What's included:

  • Prepare and file articles of organization
  • Prepare single-member operating agreement
  • Filing fees not included
Master Services Agreement
Master Services Agreement Template

$500

7-day delivery

What's included:

  • Suitable for client or contractor
  • Includes confidentiality provision
  • Includes work-for-hire (IP ownership) provision
Corporate Governance
Corporate Governance Subscription Plan (monthly, 3-month minimum)

$200

Immediate Start

What's included:

  • Annual stockholder consent action, electing board of directors for upcoming year
  • Annual board of directors consent action, electing officers for upcoming year
  • Unlimited board resolutions throughout year, as needed
  • Assistance with filing annual report (if applicable)
  • Reminders when annual meetings and filings are due
Outside General Counsel
General Counsel Plan (monthly, 3-month minimum)

$2,000

Monthly Ongoing Services

What's included:

  • Includes everything in Corporate Governance plan
  • Unlimited phone calls and emails to address legal questions
  • Unlimited reviews of contracts and other legal documents
  • Coordination and oversight of matters handled by other legal counsel
  • Business planning & strategy
  • Industry news and legal updates

Client Feedback

13 Feedback Items Collected

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20 Questions Answered / 4 Recent Answers
August 4, 2023
A: It depends on the terms of the convertible note. If you don't want it to be transferable, then you should include a provision in the note prohibiting transfers, assignments, etc.
August 4, 2023
A: The LLC is a good starting point for asset protection. How you operate the LLC, and in particular the LLC's finances, is even more important. You should be careful to keep the business's finances separate from your personal finances - for example, don't pay the rent or mortgage on your home out of your LLC bank account. And of course, liability insurance is your first line of defense.
August 4, 2023
A: Probably the primary difference is that a convertible note is debt, with interest and a maturity date. I do a lot of work with startups, and I rarely see convertible notes used anymore, and never see KISS agreements used. SAFEs are much more prevalent. That being said, there are a lot of different variables in all these instruments, and you should never just download a template and use it without customizing to your needs and discussing it with an experienced startup attorney. There are also securities law considerations. Raising financing from investors is not a good DIY project.
June 27, 2023
A: Those are good questions, and one of the advantages of an LLC is that you have a great deal of flexibility in structuring its management and governance.