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LegalBooks Blog

Company legal, explained by lawyers.

Lawyer-authored posts on the legal questions founders actually face — from fundraising rounds to first hires. No legalese.

23 posts

Featured

SAFE or Priced Round? How to Make the Case to Your Investor

Why most early-stage founders should raise on a SAFE, when a priced round is genuinely the right call, and how to make the argument to an investor.

The LegalBooks Team · May 2026 · 7 min read

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  • The LegalBooks Team · Apr 2026 · 7 min read

    Is Your Lawyer Overcharging You? Signs Founders Should Know

    How Ontario startup founders can recognize when legal fees are unreasonable — from vague invoices and block billing to scope creep — and what to do about it.

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  • The LegalBooks Team · Apr 2026 · 6 min read

    Searches for "Delaware Incorporation" and "Stripe Atlas" in Canada Hit Five-Year Highs During YC Policy Shift

    Google search interest in two terms tied to U.S. startup formation climbed to five-year highs from November through January, coinciding with Y Combinator's temporary removal of Canada from its accepted countries of incorporation.

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  • The LegalBooks Team · Mar 2026 · 10 min read

    How to Negotiate Down a Legal Bill in Ontario: A Startup Founder's Playbook

    Got hit with a surprise legal bill? Learn how Ontario founders can challenge unreasonable legal fees, request itemized billing, and negotiate a reduction.

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  • The LegalBooks Team · Mar 2026 · 8 min read

    How Tech Startup Founders Can Find the Right Investors and Stay Legally Ready to Raise

    Learn how tech startup founders can find the right investors, avoid fundraising mistakes, and get legally ready for SAFEs, term sheets, and diligence.

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  • The LegalBooks Team · Mar 2026 · 7 min read

    Cap Table Hygiene for Startups: What Founders Must Fix Before Raising Capital

    Learn how to clean up your startup cap table before fundraising. Avoid dead equity, structure ESOPs, use vesting, and get investor-ready for due diligence.

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  • The LegalBooks Team · Mar 2026 · 7 min read

    What Is a Corporate Minute Book? How to Make One for Your Startup

    Learn what a corporate minute book is, what goes inside it, why investors care, and how founders can make and maintain one properly.

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  • The LegalBooks Team · Mar 2026 · 8 min read

    What Is a Vesting Schedule? Startup Founder Guide

    Learn what a vesting schedule is, why founders should set one up on day 1, and how vesting works for founders, employees, and advisors.

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  • The LegalBooks Team · Mar 2026 · 10 min read

    What to Do After Incorporating a Company: Legal Steps for Founders

    Incorporated your startup? Here's what to do next on the legal side, from issuing founder shares and board resolutions to vesting, option pools, and IP assignment.

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  • The LegalBooks Team · Mar 2026 · 8 min read

    Startup Due Diligence Checklist: What Investors Look For

    Learn what investors review before funding your startup, including financials, cap table, IP ownership, legal diligence, customer contracts, and your startup data room.

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  • The LegalBooks Team · Mar 2026 · 8 min read

    How to Set Up an Employee Stock Option Plan for Startups

    Learn how to set up an employee stock option plan for your startup, size your option pool, get board approval, set vesting, and prepare for investor due diligence.

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  • The LegalBooks Team · Mar 2026 · 9 min read

    What Legal Documents Does a Startup Need? A First-Time Founder's Guide

    First-time founder? Learn what legal documents a startup needs to protect ownership, assign IP, hire properly, sign customers, and raise capital without legal mess later.

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  • The LegalBooks Team · Mar 2026 · 6 min read

    Founder Equity Split: How to Structure Startup Equity Right

    Learn how to structure a founder equity split, set a vesting schedule, and avoid startup ownership mistakes that can hurt fundraising, hiring, and team alignment.

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  • The LegalBooks Team · Mar 2026 · 6 min read

    How to Structure a Startup Pilot Agreement with an Enterprise Customer

    What should go in a startup pilot agreement, when to push for payment, how to define success metrics, and why free pilots that don't lead anywhere are a trap.

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  • The LegalBooks Team · Mar 2026 · 8 min read

    Should You Give Equity to an Accelerator for Mentorship?

    When accelerator equity is worth it, when it's a bad deal dressed up in community language, and what questions to ask before you sign anything.

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  • The LegalBooks Team · Mar 2026 · 7 min read

    Canadian Founders Raising in the US: What Actually Changes

    Why Canadian founders pursue US venture capital, what actually changes about the process, and why flipping to Delaware is almost never the first move.

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  • The LegalBooks Team · Mar 2026 · 6 min read

    Warm Investor Introductions: Why Most Go Nowhere and How to Fix That

    Why warm investor introductions fail even when the company is good, how to earn introductions that actually convert, and what legal readiness has to do with it.

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  • The LegalBooks Team · Mar 2026 · 7 min read

    Why a $300K Angel Round Is Often Harder Than a $3M VC Round

    Small rounds sound safer but often create more work for worse outcomes. The structural reason small angel rounds are strategically harder than larger VC-led seed rounds.

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  • The LegalBooks Team · Mar 2026 · 5 min read

    Incorporate in Delaware or Canada? A Practical Guide for Canadian Startup Founders

    Should a Canadian startup incorporate in Delaware or Canada? Learn how founders should think about QSBS, SR&ED, US investors, fundraising, and startup legal structure.

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  • The LegalBooks Team · Mar 2026 · 6 min read

    Startup Advisor Equity: How Much to Give and When

    Most founders give away advisor equity too easily. This guide covers how much to give, when it makes sense, and how to protect your cap table.

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  • The LegalBooks Team · Jun 2025 · 5 min read

    How to Register for an HST Number in Canada (For Startups)

    When Canadian startups must register for GST/HST, how to actually do it, the voluntary registration case, and why the $30,000 threshold matters more than you think.

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  • The LegalBooks Team · Mar 2025 · 6 min read

    Why Enterprise Deals Stall in Legal: 4 Contract Mistakes Founders Make

    Enterprise deals rarely die in the demo. They die in legal. Learn the 4 contract mistakes founders make and how to speed up enterprise approval.

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  • The LegalBooks Team · Mar 2025 · 9 min read

    From Service Business to Venture-Backable Service-as-Software

    How founders and entrepreneurs turn labor-intensive service businesses into venture-backable companies using AI, workflow automation, and the right legal infrastructure.

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