How Many Lawyers Does it Take to . . . ?
Fed up with lawyers who overlawyer, Jason Mendelson, a lawyer turned venture capitalist, struck back. He vented his frustration with a blog posting and it generated a lot of feedback.
Interestingly, the feedback was positive from entrepreneurs and negative from law firms. The dichotomy suggests that there is room for improvement in the relationship between law firms and their clients. Mr. Mendelson promises to post some updates in the coming weeks with suggests for how venture capitalists and lawyers can work together more effectively.
In the meantime, my own contribution for how lawyers can add more value to the client relationship, can be found my article appearing in the current issue of ABA’s The Young Lawyer.