For founders & startups
The corporate lawyers founders call
From incorporation to your first cheque, we build the legal foundation your company is built on — founder-friendly, investor-ready, and priced for a startup. Bay Street experience, handled personally.
Why founders choose us
Investor-ready from day one
A clean cap table, founder-friendly shares, and the paperwork investors and accelerators expect — so your first raise doesn't stall on legal clean-up.
Bay Street calibre, founder rates
An ex-Fasken corporate lawyer handles your work personally. You get the same rigour as a big-firm deal, priced for a startup.
Fast, plain-English, on your side
No jargon and no runaway bills. We move at founder speed with fixed quotes and a monthly retainer option when you need a lawyer on call.
What we do for founders
Legal foundations for your startup
From incorporation to your first cheque, we're the corporate lawyers founders call. We handle startup incorporation, founder agreements and vesting, SAFEs and seed financing, and cap tables and stock options — the legal foundation your company is built on.
Free founder tool
Free co-founder equity calculator
Splitting equity with a co-founder? Use our free equity-split calculator to model a fair division based on contribution, risk, and role — then talk to us about locking it in with a founder agreement and vesting.
How it works
A simple, transparent way to work with a lawyer
No mystery, no runaway bills. Here's exactly what to expect from the first call to the finished work — and the three ways we charge.
- 01
Free consultation
We start with a no-obligation call to understand what you're building and what you actually need. No jargon, no pressure.
- 02
Scope + a clear quote
We scope the work and give you a fixed quote for defined matters, or propose a retainer for ongoing counsel — so you know the cost before we start.
- 03
Engagement letter
We put the scope, fees, and terms in a plain-English engagement letter. You sign, and we're officially your lawyers.
- 04
We do the work
We handle the drafting, filing, negotiating, and closing — keeping you updated and answering questions along the way.
- 05
Done — and still a call away
You get the finished work and a lawyer you can call again the next time something comes up, without starting from scratch.
How we charge
We match the fee structure to the work — so the way you pay fits the kind of help you need.
Defined work
Flat fee
For clearly-scoped matters — an incorporation, a founder agreement, a contract — you pay one fixed price agreed up front. No hourly surprises.
Fractional general counsel
Monthly retainer
For startups and growing businesses that need ongoing legal support, a flat monthly retainer gives you a lawyer on call — like a fractional general counsel, at a fraction of the cost of hiring one.
Open-ended matters
Hourly + deposit
For open-ended or unpredictable work, we bill hourly against an initial deposit, with regular updates so there are never any billing surprises.
Trusted by founders
Bay Street experience, in your corner
“The team at Lamba Law was incredibly knowledgeable and responsive throughout the entire process. They made what could have been a stressful experience smooth and stress-free. Highly recommend.”
Manraj
“Trustworthy and professional from start to finish. They were upfront about fees, provided clear explanations at every step, and always made themselves available when I had questions.”
Nikki G.
“Lamba Law handled our business closing with exceptional professionalism. Their attention to detail and reasonable fees made the entire process seamless. Would absolutely use them again.”
Kalyan Paul
Gagan Lamba
Founder & Principal Lawyer
- JD, Queen's Law
- LSO Member
- Ex-Fasken
Former Corporate Associate at Fasken Martineau DuMoulin LLP (a Bay Street firm), 2021–2023. Bay Street calibre, handled personally — not a filing mill.
FAQ
Common founder questions
Do I need a lawyer to incorporate my startup?
You can incorporate yourself, but founders raising money almost always end up re-doing a DIY setup. We incorporate you with a founder-friendly share structure, room for an option pool, and a clean cap table from day one — so you're investor-ready and don't pay for expensive clean-ups later.
What's the difference between a SAFE and a convertible note?
A SAFE (Simple Agreement for Future Equity) is not debt — there's no interest or maturity date; it converts to shares at a future priced round, usually with a valuation cap or discount. A convertible note is debt that also converts to equity, but carries interest and a maturity date. We review and negotiate both so you understand the dilution and control you're agreeing to before you sign.
When should co-founders sign a founder and vesting agreement?
As early as possible — ideally before or right after incorporating, while everyone is still aligned. A founder agreement with vesting (typically four years with a one-year cliff) and IP assignment protects the company if a co-founder leaves, and it's something investors will require before they fund you.
How much does startup legal work cost?
Defined work like an incorporation or a founder agreement is offered at a fixed, up-front price. For ongoing needs, founders can put us on a flat monthly retainer that works like a fractional general counsel. Book a free consultation for a clear quote with no hidden fees.
Building something? Let's get the legals right.
Free consultation — no obligation. We'll map out exactly what your startup needs and give you a clear, fixed quote.