Cambridge and London law firm Taylor Vinters is takingan equity stake in online legal services business LawBite as they collaborate to provide SMEs with international advice.
LawBite’s International Legal Hub is aimed at helping SMEs tackle Brexit red tape as they expand and trade overseas.
The investment – which we first revealed last September, although at the time LawBite declined to name the investor – will ensure “that the two companies are aligned as they develop the international business”, a statement said.
LawBite offers SMEs a combination of legal documents and precedents, contract review, and access to lawyers through LawBriefs, which became an alternative business structure in 2015. Users can take out subscriptions or pay for ad hoc advice at £165 an hour.
They now have access to Taylor Vinters’ international network of local affiliated law firms, which will operate under the LawBite brand and through its technology.
Lawyers have already been…