Lawyer advises startups to balance litigation risks and not fear a fight
Discussing how founders approach lawsuits, the lawyer said some entrepreneurs want to sue everyone, while others would shut down a company after receiving a demand letter. A counselor’s role, he said, is to help them find a balance between those extremes. Companies working on the technological frontier may face challenges from competitors, regulators who do not understand their work, or short sellers. His advice to founders: do not panic, and be prepared to defend your position when conflict arises.
