reports Corrs Chambers Westgarth
is bankrolling a new specialist legal service for entrepreneurs called CorrsEdge, in line with previous moves to support local start-ups.
The service will give cash poor start-ups access to experienced lawyers as well as Corrs’ own Smart Platform, which helps start-ups flag and deal with their nascent legal requirements.
According to The Australian
, the platform includes access to 30 legal documents across areas including employment law, IP protection, fundraisings and day-to-day legal and compliance.
Partner Jonathan Farrer told the paper the offering was ‘compelling’ for start-ups given it provides user-friendly legal documents as well as the backing of a law firm like Corrs.
Farrer stated that the firm has already gained feedback from start-up clients that had made use of CorrsEdge and that capital raisings had been completed using the platform.
Through the platform, start-ups can create bespoke legal documents, and downloadable guides are provided to help start-up teams understand these documents and when they are needed.
A law firm is reported to be financing a tailored legal offering for start-ups, in a bid to get closer to the present and future of Australia’s bourgeoning entrepreneurial ecosystem.