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Law firm takes stake in online legal services platform for SMEs

Law firm takes stake in online legal services platform for SMEs 22 February 2021 Rich: Shared desire Cambridge and London law firm Taylor Vinters is takingan equity stake in online legal services business LawBite as they collaborate to provide SMEs with international advice. LawBite’s International Legal Hub is aimed at helping SMEs tackle Brexit red tape as they expand and trade overseas. The investment – which we first revealed last September, although at the time LawBite declined to name the investor – will ensure “that the two companies are aligned as they develop the international business”, a statement said. LawBite offers SMEs a combination of legal documents and precedents, contract review, and access to lawyers through LawBriefs, which became an alternative business structure in 2015. Users can take out subscriptions or pay for ad hoc advice at £165 an hour.

Former X-Factor lawyer with scheme to help small firms deal with Brexit chaos

CLIVE Rich is keen to stress that he’s not against the legal profession. After 30 years as a lawyer for some of the world’s biggest companies including Yahoo and Apple, and for Simon Cowell’s Syco entertainment empire, he hardly could be. But he does think much of the business community, especially smaller firms, are ill-served by what he calls “Britain’s overpriced legal system”. His new venture lawbite.co.uk wants to fight for the six million.

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