Based on your financial expertise, provide your response or viewpoint on the given financial question or topic. The response format is open.

I'm about to be offered equity by my employer. What should I expect?
Yes, what they said. You don't mention where you are on the totem pole. Are you reporting to the top dog, or are you 3 levels down? Not to be a downer, but until you know your cut, I'd not get too excited either way. 1000 shares/options of a LinkedIn turned to nearly $100K. Nothing to sneeze at, to be sure, but not enough to retire, nor bother contacting a lawyer.  The details of the equity should be spelled out clearly, nothing against Lawyers, but it's likely to be wasted money.