I'll pay going hourly rates for the initial advice, if the idea turns out to be a flyer I will then need some standard Ts&Cs drafted.

The idea is likely to be on the edge of the law and is certainly morally reprehensible (only bankers will get hurt though) so the lawyer needs to have a very good in-depth knowledge of the subject and relevant precedent.

Look for a small firm Paddles, having worked for a global law company, not as a lawyer, I can tell you that they will rob the idea off you by pushing it into a ddle sized firm and then back into their business. If you go with a smaller one, it’s cheaper and it will take them longer to get the idea away and setup the reward structure, give them a big enough part profit carrot and they may even keep the idea secret

‘Knavel’ is a legal type. He might know someone who could help

EDIT: Link to Knavels profile

http://www.greenenergyinvestors.com/index.php?showuser=1765

Thanks chaps.

I feel fairly sure I can protect the idea; I've got a NDA I can get the lawyer to sign before spilling the beans. In addition, time to implement will be short and my experience of big business is that speed is not their key attribute.

Searching for a good insolvency lawyer


WE HAVE a lawyer member of GEI who may be able to help you.
If not himself, then maybe he can refer you to the right person.
I will bc to him a copy of this posting.

Keep us posted, if you can, as you make progress.

I think this may help to illustrate the value of a GEI skills bank, which is a concept I am playing with.

Is the focus on European companies? If so, which countries?

Specifically UK.

I passed a note to the GEI member who is a UK_based lawyer.
Have you heard from him yet?

Negative, Ghost Rider.

Lawyers do not sign NDAs. They are under a professional duty of confidentiality.

In any event, ideas are a dime a dozen. It's the execution that matters.

Good ideas aren't a dime a dozen. And a good idea doesn't truly become good unless it has a good execution strategy alongside it so I agree with your point there. So many people lose their life savings on attempting a bad idea or an average idea with bad execution. Other people have no savings but a good idea with good execution and get very successful.

Usually it takes a bit of vision to determine what a good business idea even is, which leaves most people out. Then it takes confidence and good marketing skills to realise it.

I can guess Paddles idea is advising people how to forgo paying their bank charges

I am developing something based on "an idea".
I have to sell the idea to the (only) company that can execute it, and try to convince them
that my services will help them execute it.

They may just take the idea and run with it. That's a real possibility.
But I think since I brought it to them, and can see it so clearly, they may want to hire me
as a consultant gto help implement it.

There's no way they would PAY for the idea, but they may pay for help.

This is the third good idea that I have had in six months. One of them will work out.
Or I will come up with more ideas.

Sorry, only indirectly connected there but good expertise available for D, I, NL, SO, SL... (exit strategies for owners, checklists - trustee services etc.). It's a very sensitive field and good advise hardly available from within the respective legislations due to obvious reasons.

really very interesting thread

It has gone a bit "cold" for now.

I wonder how it worked out for Paddles?