Startups typically hire their first in-house lawyer around 150-200 employees.

That is too late - here is why...🧵
👷 Skills.

Lawyers are smart (yes, I’m biased). Good ones can handle your legal work and also take lead on other projects - a highly capable group IMHO. Tons of super smart lawyers would kill for this type of cross functional role. Give it to them.
🏊🏼 Talent pool.

Biglaw firms have hundreds of associates - many are miserable and would jump in an instant to join your startup. Top legal talent is disproportionately allocated to large law firms. Doesn’t need to be this way and lawyers don’t want it to be.

Associates at firms get paid lockstep based on class yr. Waiting until your co is more mature means you probably will be hiring someone more senior who is used to earning $300k plus. Why not bring on someone more junior, pay them less and let them grow?
Lawyers are the last person most founders / builders want in the room. Part of that is cultural in that lawyers aren’t perceived as additive (I know, u think we r all🩸suckers). Hiring lawyers earlier on will keep them away down the road - don’t sleep on legal talent.

• • •

Missing some Tweet in this thread? You can try to force a refresh

Keep Current with Drew Morris

Drew Morris Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!


Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!

This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!