Ethos Business Law

In a post a few weeks ago found here, I discussed the advantages and disadvantages of some legal self-help tools.  In the last few weeks, some new and interesting tools have shown up.  For example, Wilson, Sonsini, Goodrich and Rosati developed a Term Sheet Generator.  The description of the tool from the website is as follows:

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Unfortunately, many private companies don’t pay close attention to the importance of a strong board of directors, including who to put on the board.  Owners often think of this role as perfunctory and/or not necessary.  On the contrary, a strong board of directors can be vitally important to a small, medium or large company and depending on the size of the company, the board can play different roles.

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