Burges Salmon Launches New Technology Platform
Bristol (UK), October 2021 - Independent UK law firm Burges Salmon has announced the launch of an innovative new technology platform - BScale - which provides legal services for startups, scale-ups, founders, and investors to support fast-growth companies in the technology sector throughout their lifecycle.
Burges Salmon's BScale platform
- supports high-growth businesses through the sharing of knowledge
- provides free-of-charge legal documentation through the BScale Document Generator
- provides high-quality legal advice at a price point that is realistic for early-stage businesses
- enables Burges Salmon to build lasting and strategic relationships with the most exciting and innovative technology companies and their investors.
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, says: "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, says, "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."
As part of Bscale, Burges Salmon is offering companies a range of free legal documents that can then be created and downloaded instantly from the BSCale Document Generator.
Alex continues, "We are fully aware that startups operate under significant financial constraints, and for this reason, we're delighted to provide a suite of automated legal documentation suitable for use by startups 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
As Ed Fellows, Investment Director at Octopus, puts it, "We have worked closely with Burges Salmon for several years, and they have proven themselves to be a valuable business partner for us during this period of rapid growth. They have helped us navigate new investment sectors and provided support, firepower, and expertise in more established areas of our business."
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.