Firm launches its M:Tech programme offering free legal advice and mentoring to early-stage tech businesses.
Businesses awarded a place on the programme will be given access to Mishcon’s technology group, an integrated team of more than 40 lawyers drawn from their corporate, IP, finance, tax, employment and regulatory practices, working alongside non-legal specialists in the fields of data protection, cyber security, blockchain and data science.
Andrew Wolfin, corporate partner and M:Tech lead, comments “At Mishcon, we believe that supporting exciting young businesses in this crucial phase of growth will enable them to navigate the myriad challenges they may encounter, safe in the knowledge that their business is properly protected. With the right expertise, legal advice and guidance from the start, they should be well placed to flourish and reach their potential.” Mishcon have launched several tech initiatives in recent years capturing the potential of tech to transform the future of legal services. Their own legal tech incubator, MDR LAB is now in its third year and they have invested in two of the participating companies since its launch in 2017.
The M:Tech programme offers a dedicated Mishcon lawyer as a first point of call, providing general legal/commercial advice for up to six months free of charge. It also offers access to key legal documents free of charge, and discounted fees by up to 50 per cent for any specific legal advice required which falls outside of the day-to-day business issues, such as fundraising, EMI/employee incentives, data protection, cyber, real estate, litigation. Access is given to Mishcon business and networking events designed for founders of fast-growth businesses, and the potential for Mishcon to invest in the business, in return for a small equity stake. To be considered for a place on the M:Tech programme, businesses should be based in the UK and in the first three years of operation, generating revenue with at least one active client or pilot, and contemplating a significant fundraising within the next six to 18 months. Mishcon are particularly, but not exclusively, interested in businesses operating in the life sciences, leisure & retail, financial services, cyber Security and mobility sectors.