Author: Friederike Heine
29 Jul 2010 | 10:47 | 1 comment
Nabarro has rolled out a new entrepreneurs group within its corporate practice, with the aim of targeting more start-up companies.
The firm will offer fixed fees and start-up packs to growing companies, advising them on a range of topics including venture capital, company law, commercial law, debts, disputes, employment and intellectual property.
As part of the launch, the City firm is introducing a so-called ‘Incubator Initiative', which will advise companies on funding. It will include an initial consultation to discuss the business and its objectives as well as providing tips on what to include in a business plan and a suggested structure and guidelines on lawfully issuing a business plan for a venture capital fundraising.
To support the launch, Nabarro has signed a deal with Entrepreneur Country - a community of entrepreneurs, investors, corporate partners and media - which will see it exclusively provide legal advice and services to its network. Entrepreneur Country is backed by 53 leading global entrepreneurs, including the founders of lastminute.com, Hotmail, WorldPay and Betfair.
Corporate partner Graham Steadman, who is leading the effort, said: "The legal landscape for growing companies is complex and many fledgling ventures can stumble. The initial approach is typically driven by a desire to raise capital, but shortly following this we frequently see a need for businesses to access other types of support, which is why a cross-firm approach is so important.
"The initiative formalises our longstanding commitment to advising growing companies with strong business models and enormous potential."
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Helping hand for Start Ups
A good move from Nabarro, but how better to help a start-up than offer the Startupdonut.co.uk and Lawdonut.co.uk?
Progressive law firms around the country are forming a core group of syndicators for this new suite of business advice websites.
It’s delivered by a specialist publisher and backed by Google.
How does it work? The Law Donut syndicates with regional law firms, while Start Up Donut and sister site Marketing Donut, syndicate with Chambers of Commerce, Councils, other Professional Services and Enterprise Agencies.
All the sites feature oustanding practical subject-specific resources for the time-stretched SME and are linked and governed by postcodes captured in registration so creating expansive local networks of start-up and SME business opportunities for those involved.
To check out how the Law Donut puts law firms in front of clients and prospects, link through to the massive legal resources on offer at the Andrew Jackson or Shulmans websites that you’ll find alongside the smiling faces of the fee earners.
Mike Owen -04 Aug 2010 | 11:54
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