Resource: QuickLaunch Legal for Startups

Entrepreneurs want to know exactly what’s necessary from a legal standpoint and how much it costs. And attorneys are notoriously bad at providing that kind of information. Enter Thompson Hine’s new legal resource for startups: QUICKLaunch.”Entrepreneurs are the business equivalent of artists – and often starving artists,” says David Willbrand, partner at Thompson Hine and chair of the Early Stage & Emerging Company Practice.  QUICKLaunch packages the typical legal services required by startup companies into a low fee that is spread over time, helping entrepreneurs finance their legal needs.The QUICKLaunch program provides filing of articles of organization with the state to form an LLC, a tax ID from the IRS, a nondisclosure/confidentiality agreement for use with third parties, an operating agreement for governance, documentation of founders equity, documentation of employment and contractor relationships (including compensation, equity, non-competition, etc) and a high-level trademark search.The bottom line: for $3,000 ($500 paid up front and $2,500 when the company has financing or revenue), startups get all the initial legal help they need.”I love working with startups because I love the passion of entrepreneurs,” Willbrand says. “They are fully committed. It’s not just a job. When you work with people who care so deeply about what they are doing, who are living it and breathing it, you can’t help but get swept up by that energy. It’s awesome.”