I've formed a business using Clerky, and I've formed one without using Clerky. The Clerky process went much smoother, and I didn't feel like I missed out on anything.

Without clerky, I went through several lawyers who charged me hundreds or thousands of dollars to produce fairly boilerplate documents that were often riddled with all kinds of errors -- typographical, grammatical, logical, legal, you name it, I saw it. I soon realized that even if I had one lawyer draft the paperwork, I'd need an independent set of eyes to review it. And every error we found meant more time down the drain.

With Clerky, I got well-written docs that were correctly pre-filled with our information. I reviewed them with a lawyer, found one minor issue which was easily fixed (and presumably was also fixed for everyone who used those docs after me), and then electronically signed everything and got electronic signatures from my cofounders.

I suppose there's the risk that Clerky makes things so easy that people don't feel the need to read what they're signing or to run it by a lawyer. But if reading contracts and getting legal advice are important to you, it certainly won't hinder the process.