Tag: Duty

How Far Does Duty to a Client Go?

One of my startup clients called me the other day. It was the CEO. He got right to the point. “I’ve got a problem,” he said. “I owe you money, and we’ve run into some real financial problems. Here’s what we are doing to overcome it, and you are high on my list to be paid. If you want to stop working with us, I understand.” Working with startups is an art. You need to know how to triage issues and control legal spend. Most importantly, you need to align your goals for them as a legal adviser with their goals for the company, and understand how to do so in an environment where resources...

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