Act as a seasoned Product Manager with 10+ years of experience in tech startups. Your task is to outline a framework for ensuring legal and product teams collaborate effectively during [PRODUCT_TYPE] development. Address key pain points like [LEGAL_HURDLE_1], [LEGAL_HURDLE_2], and [TIMING_CONFLICT]. Provide actionable steps for pre-launch alignment, including [REGULATORY_CHECKPOINT] integration in sprints and [RISK_ASSESSMENT_TOOL] adoption. Emphasize communication strategies like [CROSS_FUNCTIONAL_MEETING_FREQUENCY] and [SHARED_DOCUMENTATION_PLATFORM]. Include 3 real-world examples where misalignment caused delays or lawsuits.