Title: Lawyers in US demanding millions of dollars: BYJU’S Co-founder
The Indian edtech startup BYJU’S, founded by Divya Gokulnath and Byju Raveendran, is currently facing a crisis, and its co-founder, Divya Gokulnath, has spoken out about the challenges the company is facing. In a recent interview, Gokulnath revealed that BYJU’S does not have the funds to hire lawyers in the United States, and that lawyers are demanding “millions of dollars” in fees to represent the company in US courts.
Gokulnath’s comments come as BYJU’S faces a number of legal challenges in the US, including a lawsuit filed by a former employee who alleges that the company failed to pay her overtime wages. The lawsuit is currently pending in a California court, and BYJU’S has filed a motion to dismiss it.
In the interview, Gokulnath expressed frustration and confusion at the high fees being demanded by lawyers in the US. “If we truly had hundreds of millions of dollars, we would’ve had no trouble affording legal representation,” she said. “Where do I get…million dollars from?”
Gokulnath’s comments have sparked a debate about the high cost of legal representation in the US, and the challenges that startups and small businesses face in accessing legal services. The issue is not unique to BYJU’S, as many startups and small businesses in the US struggle to afford legal representation due to the high fees charged by lawyers.
The high cost of legal representation in the US is often attributed to the country’s adversarial legal system, which encourages lawyers to seek high fees for their services. In addition, the high cost of legal services can be a barrier to access for many people, particularly those who are not wealthy.
Gokulnath’s comments have also highlighted the challenges that startups and small businesses face in accessing legal services in the US. Many startups and small businesses lack the resources to hire full-time lawyers, and may not have the funds to pay for legal services on an hourly basis.
In response to Gokulnath’s comments, some legal experts have suggested that startups and small businesses may need to consider alternative legal structures, such as hiring lawyers on a part-time basis or using online legal services. These alternatives can provide startups and small businesses with more affordable access to legal services, and may be more suitable for their needs.
In conclusion, the comments made by BYJU’S co-founder, Divya Gokulnath, highlight the challenges that startups and small businesses face in accessing legal services in the US. The high cost of legal representation in the US can be a barrier to access for many people, and may require startups and small businesses to consider alternative legal structures or online legal services.
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