Linklaters has launched an innovative platform aimed at helping tech entrepreneurs turn their small business into a company with the potential to grow. TechLinks, a new online resource, will offer a select number of small and start-up technology businesses access to key employment documents and resources from one of the leading magic circle firms, providing them with vital company guidance on how to legally protect and enhance their business when building a workforce.
TechLinks offers an interactive site where tech businesses can download employment contracts and other resources which are the essential building blocks of a secure and stable company. It will also provide insights and trends on the current market and a glossary of terms to make it accessible to those without a legal background.
David Speakman, Counsel at Linklaters commented:
“We have found that start-ups and small technology businesses have a need to protect the value in their business. Key questions need to be addressed at an early stage of their development, such as what happens if their key employees (often the founders) leave before the business gets to a sale or how to properly protect the business’ unique IP. This is also important when the business seeks investment, as investors will look to see if these protections are in place. We hope that TechLinks will help companies get the basics right from the start.”
Laurie Ollivent, Practice Development Lawyer at Linklaters, has been working alongside small and start-up technology businesses at WeWork. She said:
“By working alongside small tech businesses we have gained a real understanding of the issues these businesses face during the early stages of their development. We are able to bring together this insight with our longstanding experience of working with large, multinational tech companies to provide small and start up tech businesses with the guidance they need in the early stages to enable them to build their teams the right way from the start, attract and retain talent, avoid future disputes and appeal to investors.”