Legal Fees for Startups Seeking VC

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May 19, 2022

by a searcher in Portland, OR, USA

Hi everyone, I'm working with an attorney friend and was discussing strategies for deferring legal fees until close. We're curious if anyone has a general template for legal fees that startups use to cover attorney fees when seeking venture capital.

It's not a great comparison, but it would be insightful and helpful for my friend. If anyone has anything on how legal fees are paid by the startup entrepreneurs to their attorneys please let me know and I'll reach out.

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Reply by a searcher
from ESADE in Barcelona, EspaƱa
Usually legal fees can be negotiated to be paid after closing and rage differs depending on round size but somewhere from 18 to 30K for Seed/Series A would be ok.
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