Junior Linklaters lawyer bags the firm a major tech relationship
The magic circle firm has secured an exclusive legal relationship with a crowdfunding platform after one of its lawyers started building tech links in a shared office
February 04, 2019 at 07:37 AM
2 minute read
Linklaters will advise companies that receive finance through UK tech company CrowdCube after building on a relationship one of its junior lawyers developed while working in a WeWork office.
The magic circle firm will have a 12-month exclusive legal relationship with the crowdfunder platform, best known for financing high-profile UK fintech outfits including Monzo and Revolut.
The relationship developed out of an initiative by the firm to have a practice development lawyer, Laurie Ollivent, operate from a WeWork office space in order to develop closer ties with tech startups. Ollivent was also involved in founding the firm's TechLinks portal – which provides basic employment guidance to startups.
Linklaters will be the only law firm to provide advice to selected companies that receive post-funding support from CrowdCube. Linklaters employment partner Nicola Rabson will be the key partner involved.
She said: "The partnership provides a fantastic opportunity for both Linklaters and Crowdcube to establish longer-term relationships with the most exciting emerging technology companies. It will also provide the type of broader support that these companies need to establish themselves at the earliest stages in their development, in order to give them the best chance to flourish and grow into the tech giants of tomorrow."
Linklaters will offer a range of support to successful companies, including workshops and legal training on company structure, employment and incentive issues, IP and data protection.
Companies will also have access to the firm's 'client knowledge portal', a content subscription service, and its online service TechLinks, which provides articles and documents for startup companies.
Linklaters partnered with CrowdCube earlier this year for its Thrive for Fintech competition, which offered companies the chance to win investment backing.
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