You can now use Legal Sidekick to complete your full funding round legal documents for [Value Missing]!
We do this through a combination of automating your documents, and then leaning our expert legal partners at Accelerate Law for support on all the little fiddly bits so you don’t need to worry about them.
Here’s how it works.
GENERAL PROCESS:
We’re 50% automated, to cover you through all the standard parts.
We’re 50% backed by legal experts who then support you through the process and make sure everything if fully covered.
The END RESULT = MONEY IN YOUR BUSINESS BANK ACCOUNT WITH SECURE LEGAL DOCUMENTS
HOW TO GET STARTED
Email simon@legalsidekick.com and we can get started with your full funding process.
It will be like supervised DIY – you’ll do some of the work so it will cost less than standard lawyers – but also we can provide dedicated professional and personal support in the same way that a law firm can, and that typical online legal platforms can’t.
THE ORDER OF EVENTS AND WHAT’S INCLUDED
| DOCUMENTS (IN ORDER) | HOW TO CREATE IT | SIMPLE INSTRUCTIONS |
| Core Legal Documents (the more complex ones) | ||
| 1. Term Sheet | Auto-generate here | Create and send to investors
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| 2. Investment and Shareholder Agreement | Auto-generate here | Once term sheet approved, create and send to investors. Ask them to sign and send the money!
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| 3. Articles of Association | Available on request from hey@legalsidekick.com once steps 1 and 2 are done! |
Once term sheet approved, create and send to investors with investment and shareholder agreement.
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Secondary Documents – The Administrative Part |
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| 4. Board Resolution |
You can use templates for all these documents which are downloadable from the Encyclawpedia.
Or…we can handle them all for you on request for a small extra fee. |
Once you have your money, you can tidy up the admin:
Sign your Board and Shareholder resolutions, send the SH01 to Companies House and send investors certificates!
DONE!
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| 5. Shareholder Resolution | ||
| 6. SH01 Companies House Share Issue Form | ||
| 7. SH02 Companies House Share Sub-Division Form (if needed) | ||
| 8. Share Certificates | ||
WHY WE’RE DIFFERENT
We are a boutique legal services provider, specialising in supporting early stage startups through their legal journey. We recognise a few very important things for startup founders and we factor them into all our business processes:
- Founders are savvy and want to use the most efficient processes possible.
- Founders don’t want to and can’t afford to get ripped off.
- Founders are already stressed and need legal support that runs smoothly.
- Founders work to tight timelines.
That’s why we have build a model based on cutting down and time and costs through DIY and automation, whilst still having dedicated experts on hand to support as and when needed to cover the complex parts and generally support you.
OUR PACKAGES
| LEVEL | WHAT’S INCLUDED | PRICE |
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BOOTSTRAP: |
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£569
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SUPPORT PACKAGE: DOCUMENTS WITH SUPPORT AND GUIDANCE |
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£1245 |
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THE SUITS PACKAGE:
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£2000 |
GET IN TOUCH
If you have questions, email hey@legalsidekick.com or simon@legalsidekick.com and we can talk you through the process and answer any questions you have.
We look forward to being your Legal Sidekick through your funding and other legal processes!
Legal Sidekick is a legal platform for startups. You can access seed funding templates and investment agreement templates and other startup legal documents and guides via our platform. Along with our partners, we help entrepreneurs and startups cut the stress, expense and confusion out of law for startups.
This article was written by Simon Davies, founder of Legal Sidekick.
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