frequently asked questions
what is stock option counsel?
Legal services for individuals. Attorney Mary Russell counsels executives, employees and founders who want to evaluate, negotiate and monetize startup equity. This includes equity compensation matters such as evaluation and negotiation of equity offers, sales of pre-IPO stock and negotiation of severance terms and post-acquisition employment agreements. She also counsels individual founders and executives to secure their interests during company events.
what is the process to start working together?
The first step is to schedule a brief phone call with Mary Russell to introduce yourselves and see if your project is a good match for Stock Option Counsel services. Please call (650) 326-3412 or email email@example.com to schedule an intro call. The office hours are Monday-Friday, 8:00 a.m. to 4:00 p.m. Pacific.
what can i expect for fees?
Mary Russell can estimate fees on an intro call after learning about your needs. You can expect fees ranging from $1,500 depending upon the scope of the engagement. Estimated fees are paid in advance to a trust account to be applied to invoices or returned after the engagement.
when can we start?
Tight timelines are common for offer evaluations and other time-sensitive matters. If there is availability for the project, the first steps can take place on the first business day after an engagement letter signed via DocuSign and advance fees are received via LawPay, an online credit card payment service for attorneys, or by check. As a general matter, the process of offer evaluation counsel usually takes about a week from initial engagement to final offer depending on the responsiveness of the company to your information requests and negotiation steps.