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The Perils Of Legal Self-Help Websites For Entrepreneurs

Case in point: recently, a potential client was seeking information regarding a business she had founded with several partners. Since starting up, she and her colleagues had infused large amounts of both time and capital into the venture. The business was beginning to see some real success, but she was concerned about the lack of formal agreements among the owners. Two years prior, she and her partners had used incorporation services from a legal self-help website, and hadn’t given the business’ legal needs another thought since. So she was understandably unhappy to hear that they faced a multitude of unforeseen issues as a result.

Peter I. Minton

Full Story: http://www.forbes.com/sites/theyec/2012/07/06/the-perils-of-legal-self-help-websites-for-entrepreneurs/

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