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: Legal Pad | LA

The fine art of dealing with startup entrepreneurs in a fragile economy

By Richard Binder

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As the recession threatens to take down a whole slew of startups, corporate lawyers are trying to avoid being left with unpaid bills. But in Silicon Valley, attorneys are caught between their law firms' demands for revenue and the need to work agreeably with venture capitalists and serial entrepreneurs the lawyers hope to work with again.

It's a fine line to walk when those clients' latest ventures are falling apart.

With more than one economic downturn under their belts, veteran startup lawyers have tried to figure out ways to handle the sticky situation as venture capitalists decline to venture any more capital in a crashed economy. Read about their various strategies at The Recorder.

Full post as published by Legal Pad | LA on April 03, 2009 (boomark / email).

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