I don't know Carolynn but I would assume she has some significant business skills in addition to legal skills. From my experience it typically wouldn't make sense to make a partner out of a legal adviser for this type of business (as opposed to a business where you may be regularly fighting legal battles) and certainly not in the same percentage as a non-legal skills partner. Once again I don't know this particular situation. But a mistake I have often seen entrepreneurs in IRL make is becoming partners with their attorney or teaming up with an attorney in a business dealings. Attorneys tend to frame everything in legal risk which can often get in the way of certain risks you inevitably need to take in business.
One example might be the tendency that I have seen for a company to present a sales prospect with a multi page legal document to sign for even the smallest of dealings. This creates friction and isn't always necessary for small transactions and it gets in the way of closing deals. Every situation is different of course.
One example might be the tendency that I have seen for a company to present a sales prospect with a multi page legal document to sign for even the smallest of dealings. This creates friction and isn't always necessary for small transactions and it gets in the way of closing deals. Every situation is different of course.