Law firm Veat launched 'Law Series', a customized legal service for startups and VCs.

Article posted in 2024-09-20 17:17:04 | VEAT

Startup media Platum introduces Law firm Veat’s customized legal service ‘Law Series’ and it is receiving a lot of attention. Platum is a representative media that provides information related to startups, and the launch of Law Series is receiving attention in the startup ecosystem.

Law Series provides specialized services for each growth stage of a startup, diagnoses legal risk factors that innovative startups overlook, and lawyers directly consult with startup executives to provide practical solutions. In addition, VCs can periodically provide a legal risk management report of the portfolio company to LPs (limited partners), enabling the establishment of a differentiated compliance system. Veat helps startups reduce legal risks through Law Series and helps prevent disputes between VCs and portfolio companies in advance.

In an interview with Platum, Attorney Joonseok Byeon said, "My various litigation experiences as a judicial research fellow in court had a great influence on the design of Law Series." He frequently witnessed startups neglecting the legal foundation in the early stages and being unable to respond when disputes arise, and explained that based on this experience, Law Series is designed to provide legal advice and support needed at each stage.

Attorney Jonghwan Jeon said about the purpose of Law Series, "It is a system designed to systematically manage legal risks and help growth," and added that it plays a role in supporting venture capital-backed companies to maintain legal stability. He emphasized that startups growing rapidly with innovative ideas can be seriously threatened with business survival if they lack a legal foundation, making it very important to prevent these problems in advance.

Attorney Sohee Park emphasized that "investing in startups means more than just transferring capital," and stressed the importance of establishing a system that allows investors to anticipate and prepare for legal risks of companies. She added that Law Series plays a key role in preventing legal disputes between venture capital and startups, and strengthening partnerships.

Law firm Veat has outstanding expertise in the IT and startup legal advisory field, and Law Series is established as a reliable partner for the successful growth and stable operation of startups and VCs.

If you are curious about the full article, please refer to the link below, and for inquiries about Law Series, please contact Law firm Veat.

▶View Article: https://platum.kr/archives/234255

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From Law firm Veat