So you've probably seen a few disclaimers that read like this 'legal information, not a substitute for legal advice'. We use a disclaimer like this ourselves on our downloads.
This post will help you know the difference between legal information and advice and the importance of the difference.
Legal information is generic. It explains a process, a definition or provides a framework for how something should work.
Non-lawyers may also provide information.
So, if you are a startup searching the internet for useful resources to use (like this very article or even template downloads) - that's information.
Information is NOT built for your startup’s situation, it's generic.
Now, on the other hand, legal advice is for your startup and typically given by a qualified lawyer.
Legal advice can be written, verbal or a combination.
To qualify as advice, the lawyer needs to know your situation, the problem, query or your ideal outcome. And, with this knowledge, a lawyer will give you legal advice or tailor a document based on your startup's situation.
Below are some examples.
Here are some things to know about legal information. It may include:
Below are some examples of legal advice.