Workflows / Document Drafting & Automation / Correspondence & letters / pp-0037 pp-0037 Startup corporate paperwork — board consents, stock certificates, option grants, funding round documents — is templated text with variable fields, but lawyers charge $500-2,000 a task or £5,000+ a round to fill them in 2 vendors roles affected 2 practice areas 1
Also reported as UK startup founder closing a £500K seed round needs a shareholders' agreement, articles of association, board minutes, investor consent letters, and SEIS/EIS advance assurance — traditional solicitors quote £5,000-15,000 and 4-8 weeks, which eats into the raise and delays closing while investors get cold feet Who feels this pain
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