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GLS Start-up Kickstarter™
Get your start-up legal agenda up and running
The Problem
Start-ups usually only seek legal support when they are forced to — which is not necessarily when they need it — and additional costs and positional disadvantages frequently arise.
Related challenges include:
• start-ups face intense competition for limited financial resources
• start-ups are frequently “positionally vulnerable" to larger more mature actors
• the start-up stage involves decision-making that can and will impact your future
• start-ups usually seek advice late and on a “rush rush” basis
• seeking advice late is more expensive and may mean fewer options
• business agility is enhanced by proactive and pragmatic legal support
• key arrangements with founders and investors are often left unwritten
• most start-ups do not understand what their legal need actually is
• most start-ups do not understand how legal support can build business value
• the cost of traditional law firms remains a challenge
Wouldn’t it be great if you could access a kickstart package that gets your legal agenda up and running and some capacity and resources to execute it as efficiently as possible?
The GLS Solution
GLS Start-up Legal Kickstarter™ helps you to balance the competition for limited resources on the one hand and the need for essential legal support that both enables and protects your business.
Understandably, pursuing a sound legal agenda for your start-up is often subordinated to more “pressing” matters e.g. product development and marketing.
However, the reality is that things can and do go wrong due to the inability to access legal advice at the right time (eg – founder disputes, unsecured IPR, unfair investor terms, exit obstacles, etc).
Legal support is expensive – as it involves highly educated and trained individuals that do not come cheap. However, it does not need to be anything nearly as expensive as it currently is.
Upfront legal advice has always been an effective way to ensure that your vital interests are supported and costly mistakes and lost future opportunities are avoided.
Even better - prioritised support based on a thorough needs assessment combined with disruptive access to support resources delivers a far more potent and cost-accessible legal support scenario.
GLS Start-up Legal Kickstarter™ helps you understand what your legal priorities are on Day 1 and gives you additional in-house capacity to address them as efficiently as possible as follows:
• Measuring Up: The solution includes a detailed online legal needs diagnostic that takes you through the key legal reference points relevant to determining a basic legal support plan.
• Prioritisation: an experienced start-up legal expert will discuss your results together with any immediate legal priorities/matters that you want to discuss. This stage allows us to assess closely how the main “factors” relevant to formulating a legal agenda apply to your business, allowing you to drive better business planning.
• Execution Capacity: with a better sense of your legal priorities, you will have a “one-off” chance to secure “in-house” capacity to move your legal agenda along on exceptional terms.
• Legal Dept. Resources: depending on your capacity tier, you can access a pool of essential legal templates relevant to your legal priorities, which will thousands of dollars of legal savings.
So, hit the ground running. Get Day 1 advice right and access the in-house legal support and assets you need to grow fast and safely and build value in your business on incredibly efficient terms.
Solution Deliverables
Deliverables
Legal Agenda Planning: | A one-hour consultation from a senior corporate and commercial lawyer who is an expert on providing start-up legal support. • Your Business Model |
In-House Capacity: | This is a “one time only” offer that allows you to access to in-house legal support capacity at the lowest cost that we have come across. |
Kickstarter Legal Templates: | This solution gives you access to a world-class online legal department resource stack — not just the talent but also the tools they need to perform. We make available a selection of legal documents (contracts and policies) that are commonly required to support start up activity – valued at many thousands of dollars. These templates are world-class, will put your business on a professional footing, and reduce the amount of legal support needed to meet your customers' needs. You can “pick'n'choose” what you need from the GLS Start Up Law platform – informed by your better sense of your legal priorities. |
Solution SLA Options and US$ Pricing
| Column one | Column two | Column three | Column four | Column five |
|---|---|---|---|---|
| Tier | Audit | Consult | Templates | Price |
| Kick Start Consultation | 🗸 | 🗸 | Basic: 0, Advanced: 0, Policy Docs: 0 | $299 |
| Kick Start - 5hr | 🗸 | 🗸 | Basic: 1, Advanced: 0, Policy Docs: 0 | $1,294 |
| Kick Start - 10hr | 🗸 | 🗸 | Basic: 3, Advanced: 0, Policy Docs: 0 | $2,289 |
| Kick Start – 25hr | 🗸 | 🗸 | Basic: 6, Advanced: 1, Policy Docs: 0 | $5,274 |
| Kick Start – 50hr | 🗸 | 🗸 | Basic: 8, Advanced: 2, Policy Docs: 2 | $10,249 |
| Kick Start - 100hr | 🗸 | 🗸 | Basic: 10, Advanced: 5, Policy Docs: 5 | $20,199 |
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $199 | 9m 10s |
| Senior Associate | $640 | $199 | 14m |
| Blended | $520 | $199 | 23m |
| Associate | $480 | $199 | 24m |
| Junior Associate | $400 | $199 | 30m |
