What are the alternatives,
and why do they fail?
Early-stage startups usually handle legal one of four ways — a law firm at $700 an hour, a formation tool, a general-purpose LLM, or legal AI built for lawyers — and each fails a founder differently.
Good startup lawyers exist. They run $700 an hour, take days to turn around a basic document, and the best of them are already retained by the people across the table from you. So you choose: burn cash and wait while your new hire's offer sits unsigned, or handle it yourself tonight and hope.
Most equity mistakes aren't carelessness. They're what slow and expensive does to people in a hurry.