News

Law Firms Offer Discounts, Play Matchmaker With Cash Tight, Lawyers Give Start-Ups Creative Payment Options, Opportunities to Hook Up With Potential Investors

Faced with cash-trapped clientele, some big law firms that cater to start-up companies are looking for ways to make their services more enticing.

Firms including Cooley LLP and Wilson Sonsini Goodrich & Rosati LLP in Palo Alto, Calif.; DLA Piper LLP in New York; and Venable LLP in Washington are offering more creative payment options, and are making a bigger effort to hook up their entrepreneurial clients with angel investors and venture capitalists, some of which are also clients of the firms.

Wilson Sonsini for the first time this year began offering legal advice for a flat fee to certain clients, rather than billing at the traditional hourly rate in the hundreds of dollars per hour.

By SCOTT AUSTIN

Full Story: http://online.wsj.com/article/SB10001424052748703453804575479650072184066.html?mod=WSJ_hpp_sections_smallbusiness

News Catrgory Sponspor:


Dorsey & Whitney - An International business law firm, applying a business perspective to clients' needs in Missoula, Montana and beyond.

Leave a Comment

You must be logged in to post a comment.