Avoiding The Pitfalls of Old School Template Legal Agreements (Or No Agreements At All)…

Anna Margolis
4 min readNov 10, 2020

If you are serious about your new paradigm business, please do not think that template agreements (or no agreements) are the way to go.

Too many of us have learned this mistake the hard way.

For most people, this piece ends up costing tens (if not hundreds) of thousands of dollars in wasted legal fees and co-founder dispute settlements;

But worst of all, it all too often also costs the relationships we care about;

Because being in a legal dispute with someone you love(d), were co-creating with or that you really care(d) about — especially where all or most of your money is involved — is one of the most agonizingly painful and heartbreaking things you can go through;

Just ask any of the people currently going through a divorce.

So if you’ve had an inspired new paradigm idea;

You’ve attracted a handful of people who resonate deeply with it;

You have a enough resources to embark on the co-creative journey together;

And you know you need some kind of formal agreement now, because it’s time to get clear on who owns what, how resources get distributed, and how decisions get made;

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Anna Margolis
Anna Margolis

Written by Anna Margolis

As a former lawyer, Anna merges material world memories, tales of transformation and embodied experience in articulating the future of collaboration