UK law firm Burges Salmon announced the launch of a new technology platform – BScale – which provides legal services for start-ups, scale-ups, founders and investors, to support fast-growth companies in the technology sector throughout their life-cycle.
BScale platform is built to support high-growth businesses through the sharing of knowledge, provide free of charge legal documentation through the BScale Document Generator as well as high-quality legal advice at a price point that is realistic for early stage businesses, and to enable Burges Salmon to build lasting and strategic relationships with exciting and innovative technology companies and their investors.
According to Burges Salmon, the dedicated BScale team is able to offer the depth of knowledge to work through mission-critical funding rounds, the inevitable regulatory, tax, employment and commercial challenges that come with scaling a business, and the expertise to protect value when the time comes to exit.
Alex Lloyd, a Director in the firm’s Corporate Finance team, said: “There is real value in high-growth businesses forming a long-term relationship with their lawyers. We recognise that we need to flex our pricing and invest our time, expertise and contacts on those early projects. We understand that is how we will build relationships with the most promising and exciting scale-ups in our core sectors. This is why we’re launching the BScale platform.”
David Varney, Director in our Technology and Communications team, said: “We are thrilled to launch BScale and continue to strengthen our relationship with emerging technology companies and their investors. BScale will enable us to grow with our technology clients as they scale and we are looking forward to forming strategic and long-term partnerships with some of the UK’s most innovative and progressive companies.”
The BScale Document Generator
As part of BScale, Burges Salmon is offering companies a range of legal documents for free, which can then be created and downloaded instantly from the BScale Document Generator.
Lloyd said: “We are fully aware that start-ups operate under significant financial constraints and for that reason, we’re delighted to provide a suite of automated legal documentation suitable for use by start-ups at no cost.”
Companies are able to use the firm’s BScale Document Generator to create any of the following legal documents:
- Subscription and Shareholders’ Agreement
- Articles of Association
- Disclosure Letter
- Founders’ IP Assignment Agreement
- Employment Contract
- Confidentiality Agreement
Burges Salmon’s BScale team is drawn from across the firm and includes senior lawyers from each of its core practice areas with a particular focus on supporting high growth businesses in the technology sector.