“I don’t want to spend an arm and a leg to get this done.” – Luke, Founder and CEO of Happy Clouds LTD
Luke is founder and CEO of Happy Clouds LTD, a cloud service provider for companies of all sizes. He started this business by himself but shortly after took on a co-founder, Lucy. Luke and Lucy have been working together for a year but have yet to set up a shareholders’ agreement.
They have been bootstrapping Happy Clouds’ growth and so have spent the bare minimum. A year on, the business is generating revenue and as the client base grows, Luke and Lucy need to ensure that their business foundations and customers contracts are bulletproof.
Luke and Lucy are fast-paced – they don’t have time to spend explaining their business model to lawyers, they want someone who can quickly understand what they want and run with it. They also don’t want to spend an arm and a leg to get this done.
Luke and Lucy come to Linkilaw. After getting their initial terms of business set out, they realise they also will need another 3 to 4 contracts in the next 12 months.
|Contracts (drafted by specialist lawyers)||4 contracts|
|Drafts allowed per contract||3 drafts|
|Bonus legal advice||Digital only|
|Priority of service||Over non-members|
|Speed of contract turnaround||7 working days|
|Annual business review conference call||Included|
|£2,500/year or £235/month|