We help fast-growth Innovation, tech, SaaS and e-commerce businesses get ready for a fundraising round. We’ll make sure you’re prepared, confident and credible before you step in front of investors.

Legal Services

Specialist legal advice for entrepreneurs and business owners

Starting a business can be a thrilling adventure – but it can also create a to-do list that leaves you with no time to think about anything else. And if this is your first start-up, it can be a struggle to work out what kind of legal advice and support will help you achieve your ambitions.

Our team work with start-ups (including tech ventures) and high-growth businesses to identify their legal priorities. This enables our clients to manage their cash flow efficiently and focus their efforts on what’s most important.

We can also advise you on international matters, including investing in UK or overseas business ventures and how English law applies to cross-border and multi-jurisdiction transactions. As always, our own priority is on building a long-term relationship, so once the business is up and running, we will support it through every stage of its growth and future expansion.

Many of our startup and scale up clients are led by entrepreneurs (who have left corporate roles in industry) and Academics (university spinouts and other student-led enterprises) with a focus on technology ventures, operating across a broad spectrum of sectors including:

  • Micro-electronics
  • Digital media (including mobile applications)
  • Environmental and “clean” technology
  • Medical devices and digital health technology
  • Advanced engineering technology
  • Education technology

Our expert support for startup companies 

Unfortunately, many start-ups decide to put off taking legal advice, either seeing it as too expensive or simply placing it low down on the list of priorities. Although many will have the intention to deal with the “legals” at some point, it is often too late. 

Our mission is to develop a long-lasting, ongoing relationship with our clients and to ensure that we are seen not as a necessary evil but as a sounding board who can be turned to for general advice whenever it is required.

Together with our business advisers, we offer a range of services to help your new or developing business. From support with writing your employment contracts to in-depth legal advice on setting up an EMI (Enterprise Management Incentive) scheme – we have the experience that you require. 

Here are a few of the areas we can support you with:

Our startup legal services

  • Setting up a Company
  • Pre-seed and seed funding advice
  • Shareholder Agreements
  • Setting up an EMI scheme (or other stock option plans)
  • Cross Option Agreements to protect the legacy of your business.
  • Website Terms and Conditions
  • GDPR Privacy Notice
  • Employment contracts
  • Employee handbooks
  • Non-disclosure agreements
  • Advice on post-termination restrictions to protect your startup.
  • Contractor Agreements with appropriate intellectual property assignments
  • Immigration advice for Startups and Entrepreneurs
  • FCA Authorisations, Compliance and Disputes services

Creative

Innovationly’s legal advice and services can help you focus on innovation by taking care of legal and regulatory issues that can distract you from your core business. By doing so, you can create a more innovative and creative environment that will help your business grow and thrive.

Strategic

Innovationly’s startup legal advice and services can help you be more strategic by providing legal guidance that supports your business objectives. By working with Innovationly, you can ensure that your business is on solid legal footing, giving you the confidence to execute your strategic plans and achieve your goals.

Why do you need startup legal advice?

Starting a new business is an exciting yet challenging endeavour. While you may have a great product or service to offer, navigating the legal details can be overwhelming. Making mistakes can be costly and there are many potential pitfalls at this early stage. This is where a startup lawyer can provide valuable support, from selecting the right business structure to ensuring compliance with employment laws when hiring staff.

The UK legal system is complex and constantly evolving, so seeking the right startup advice early in the process is crucial. For instance, if you’re hiring staff for the first time, you’ll want to ensure your employment contract is legally compliant. If you’re seeking investment, you may want a business structure that qualifies for investor-friendly schemes like SEIS and EIS. It’s also important to ensure that your business owns any intellectual property created by contractors working for your startup.

At Innovationly, our team of startup lawyers, HR professionals, and business advisers can provide expert assistance in these and many other areas. By working with us, you can be confident that you have the legal support and guidance you need to build a successful startup.

Who can our startup lawyers and professionals support?

We have been supporting startup businesses of all sizes, including UK Tech Startups, Scaleups and Growth Companies for many years. Our experienced startup lawyers have worked with startups on shareholder agreements, equity arrangements, employment contracts, immigration requirements and HR support for growing teams as well as in many other areas. Our experienced team understand the terrain.

If you are an Entrepreneur, Lean Tech Startup, Growth Company, Scaleup, Angel Investor, Venture Capitalist, or a company based internationally that wants to set up in the UK, we can support your business. Wherever you are in your entrepreneurial journey, we can offer sound legal and business advice.

How can Innovationly’s legal advice help you?

Innovationly’s startup legal advice and services can help you be more strategic by providing legal guidance that supports your business objectives. By working with Innovationly, you can ensure that your business is on solid legal footing, giving you the confidence to execute your strategic plans and achieve your goals.

  • Identifying legal risks and opportunities: Innovationly can help you identify potential legal risks and opportunities that can affect your business strategy. For example, they can advise you on the legal implications of different business models, partnerships, and funding sources.
  • Drafting contracts and agreements: Innovationly can help you draft contracts and agreements that reflect your business strategy and protect your interests. This includes employment contracts, vendor agreements, and customer agreements.
  • Intellectual property management: Innovationly can help you develop an intellectual property management strategy that aligns with your business goals. This includes protecting your company’s intellectual property, licensing your technology to others, and enforcing your intellectual property rights.
  • Regulatory compliance: Innovationly can help you ensure that your business follows applicable laws and regulations. This includes advising you on compliance with data privacy regulations, environmental regulations, and employment laws.
  • Business structuring and planning: Innovationly can help you structure your business in a way that supports your strategic goals. This includes helping you select the right corporate structure, creating a business plan, and developing a growth strategy.

Services

Drafting Contracts & Agreements

 Innovationly can help you draft contracts and agreements that reflect your business strategy and protect your interests. This includes employment contracts, vendor agreements, and customer agreements.

Regulatory compliance

Innovationly can help you ensure that your business is in compliance with applicable laws and regulations. This includes advising you on compliance with data privacy regulations, environmental regulations, and employment laws.

Protecting your Intellectual Property

Innovationly can help you protect your company’s intellectual property by filing patents, trademarks, and copyrights. This can give you the confidence to invest more in innovation, knowing that your ideas are protected.

Navigating Legal Regulations

Innovationly can help you navigate the legal regulations that apply to your industry, which can help you avoid legal issues that can slow down your innovation efforts.

Structuring Your Business

Innovationly can help you structure your business in a way that supports creativity and innovation. For example, they can help you set up employee agreements and contracts that protect your company’s intellectual property and encourage employees to develop new ideas.

Identifying Funding Sources

Innovationly can help you identify and secure funding sources, which can give you the financial resources you need to invest in new technologies and ideas.

Attain Genuine Business Growth With Innovationly’s Business Specialists.
We will do our best to respond to each and every message we get. If your message is urgent. Please contact us here or call our office on 0203 535 8059.

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