"Do I Need a Lawyer" Quiz?

Find out where you stand — and how legal counsel can help you level up

1. Have you officially formed your business entity?

A) Yes, and I have the formation documents handy

B) I filed something… I think?

C) Not yet — still figuring it out

2. Do you have a cap table showing who owns what?

A) Yes, and it’s up to date

B) It’s in a spreadsheet somewhere

C) It’s more of a group chat at this point

3. Have you promised or issued equity to anyone?

A) Yes, with proper documentation

B) We’ve made verbal promises

C) I’m not sure how equity works yet

4. Do you have signed agreements with co-founders or early hires?

A) Yes, including IP and vesting terms

B) Some of it’s in writing

C) Not yet — we’re still early

5. Are you thinking about raising money?

A) Actively raising or prepping

B) Considering it in the next year

C) Not planning to raise soon, but open to it

6. Do you have offer letters or employment agreements for team members?

A) Yes, with clear terms and IP protections

B) Working on it

C) Haven’t hired anyone yet

7. Have you heard of an 83(b) election?

A) Yes, and we filed on time

B) Heard of it, still figuring it out

C) No clue, but curious now

8. Is your website or app legally protected?

A) Yes — we’ve got a privacy policy and terms of service

B) We’ve used templates

C) Still on the to-do list

9. Have you signed or been offered any investment documents (SAFE, note, etc.)?

A) Yes, and we understood the terms

B) We signed, but it was a little fuzzy

C) Not yet

10. How confident do you feel about your legal foundation?

A) Pretty solid — just want to stay ahead

B) Decent — but I could use a second set of eyes

C) Honestly? I need help pulling it all together

Your Results:

Total up how many A’s, B’s, and C’s you selected. Then…

What It Means:

Mostly A’s – You’re Proactive & Prepared

You’ve already made smart moves. Now it’s about staying strategic and using legal counsel as a partner in growth.

Mostly B’s – You’re on the Right Track

You’ve got a strong foundation in progress — now’s the perfect time to tighten things up before raising or scaling.

Mostly C’s – You’re Building from the Ground Up

That’s totally normal. Early legal help saves time, money, and stress later. Let’s set things up the right way from Day 1.

Ready to move forward?

Whether you’re buttoning things up or starting from scratch, legal guidance tailored to your stage can make all the difference.