How Junior Lawyers Can Get Involved In The Shoreditch Tech Start-Up Scene

Sitting in the Barley Mow pub in east London one Friday night, the conversation wandered towards the idea of establishing a networking group for the start-up community, writes trainee solicitor Mark Needham

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As regular attendees at start-up events, my colleague, Jonathan Lea, and I had been discussing the idea of doing our own legal version for a few days previously in the office. But the chat in the pub spurred us to take the idea to the higher echelons of our firm, Shoreditch-based Bargate Murray.

As a keen supporter of entrepreneurism, the senior partner, Quentin Bargate, was happy to help. We came up with the name, ‘Seed Academy’, which we thought was fitting for what we hoped the group to be: a source of support for start-up businesses, and a place to share ideas and advice – making it an academy of sorts.

The first event, held last week at the Google Campus near Old Street, was called ‘Start-up Question Time’. It was an open forum in the style of the better known BBC programme, giving attendees an opportunity to quiz experienced entrepreneurs, investors, business angels and lawyers on anything they wanted.

The panel included Leo Castellanos, incubation and new ventures manager at the London City Incubator; Benjamin Southworth, organiser of the Silicon Drinkabout and the new deputy CEO of the Tech City Investment Organisation; Paul Dowling, founder and CEO of Dreamstake; well-known investor Mike Briercliffe; start-up finance expert Paul Jenkinson; and Daniel Steeves, partner at James Caan’s Hamilton Bradshaw Venture Partners.

Over 100 people attended. Among them were owners of pioneering start-ups, young hopefuls looking to launch their own ventures, techies, curious lawyers and journalists.

My interest in this area very much flows from my own involvement in the start-up scene. I am involved in a start-up, highskillpro.com, an online marketplace for highly skilled professionals in finance, law and consultancy.

But I am also attracted to the industry because I see it as a good way to start building client relationships. Today’s start-ups are tomorrow’s FTSE100 listed companies, and for a junior lawyer an investment in taking on a start-up client is an investment in your future.

Our second event, ‘Crowdfunding Inquisition’, featuring the founders of the UK’s leading crowdfunding portals, will be held on 5 September 2012 at the Google Campus and streamed live over the internet. Anyone is welcome, including law students and junior lawyers who are interested in how they can get involved in the start-up scene. If you would like to attend, please sign up here.

2 Responses to “How Junior Lawyers Can Get Involved In The Shoreditch Tech Start-Up Scene”

  1. Filemot

    I can only wish you the best of luck. However bear in mind that start ups are seldom loyal corporate clients. Once experienced investors get on board or a NOMAD is appointed, the profitable legal instructions go to the firms who have been taking the rich decsion maker to Rugbty matches. Thats the way it is. Start up advisers have to earn their daily bread from their daily work not the prospect of jam tomorrow. Working with start ups is fun and sometimes exciting and for those who are grateful its a pleasure to provide a few freebies.

    Reply
  2. Jonathan Lea (@jonathanlea)

    Thanks Barbara, yes its fun and rewarding doing work for startups and in my mind makes you a sharper lawyer as they are normally cleverer, more demanding and involved with more innovative business models than corporates, but as you say its never going to be a big money spinner so important to mix it up with bigger clients and more profitable work.

    On another matter, if any LPC graduates out there are looking for a paralegal position in London then Bargate Murray are currently recruiting with a view to then offering the successful applicant a training contract. Applications to [email protected]

    Reply

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