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Vault Law Resource Center

Emerging Companies & Venture Capital

Overview

An attorney in an EC/VC practice advises early-stage companies on every legal matter the companies face, from formation to several rounds of venture financings to a sale or an IPO. Emerging Companies attorneys are corporate generalists for the clients and often serve as “outside general counsel” for startup clients before the clients are large enough to hire in-house attorneys. They work with founders to choose the best corporate form (corporation, LLC, etc.), and draft the appropriate forms to create the company. They advise companies on how shares will be valued and divided among various stakeholders. Start-up lawyers help develop a company’s internal policies and procedures and serve as corporate secretaries. They work on the legal documentation for various rounds of private financing and ultimately help navigate an “exit event”—an IPO or acquisition. Junior lawyers often have a lot of client contact and responsibility from an early stage as startups can not generally afford to pay senior attorneys’ billing rates. The relationships with founders can often lead to an invitation to join the company when it is in a position to hire its first in-house lawyer. Startup practices are heavily concentrated in certain markets, including San Francisco and Silicon Valley, as well as Boston, New York (Silicon Alley), and increasingly in Southern California (Silicon Beach).

Top Ranked Firms



Practice Area Q&A’s

Goodwin

Michelle Knoop & Jae Zhao

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP

Aliya Sanders & Heidi Walas

Morrison & Foerster LLP

Stephanie Drumm & Murray Indick

O'Melveny & Myers LLP

Nate Gallon

Cooley

Matthew Bartus & Melissa Boyd

Cooley

Laurie Bauer & Jacob Hanna

Gunderson Dettmer Stough Villeneuve Franklin & Hachigian, LLP

Brittany Nicely & Laura Stoffel

O'Melveny & Myers LLP

Anthony S. Wang

Orrick

Aria Kashefi

Perkins Coie LLP

Aaron J. Dickinson

Advice from Vault Law

Practice Area Insights: The Exciting World of Emerging Companies

Practice Area Insights: The Exciting World of Emerging Companies

By Vault Law Editors