Commercial Solicitors & Business Solicitors in Sussex | Jonathan Lea Network

We’re recruiting a Corporate and Commercial Solicitor – Find out more >


Last updated on November 24th, 2021 at 09:33 am

Welcome to
‘The Jonathan Lea Network’

We are a firm of solicitors headquartered in Haywards Heath, Mid-Sussex. We work with clients throughout the UK and around the world, adopting a tailored, pragmatic and clear approach to each matter we take on.

Put simply, through our work we aim to increase your profit, protection and free time. We only accept instructions on matters where we know we can add value and will always ensure that clients have the benefit of fee certainty, including a commitment to fixed fees where possible.

Our core specialisation is in corporate work, including company law, mergers and acquisitions, equity investment rounds, corporate tax, share option schemes and shareholder disputes. The team also assist businesses with a variety of other matters including employment and commercial property, as well as some private client work, such as probate and residential conveyancing.

Our modern and unique business model is attractive for all types of clients, no matter how small or large and regardless of industry sector. The key components of our approach are as follows:

  • Free no obligation initial 20-minute call
  • Covering a vast range of specialisms to cover your legal requirements
  • Competitive pricing, better agility and an enhanced personalised relationship

How To Negotiate University Spin Outs

 Published 106 days ago

Investment in UK university spin outs reached £1.11b in 2020, which is a significant increase from the £577m raised in 2011. Although the number of deals has decreased since its peak in 2017, university spin outs remain a popular and important method for UK universities to commercialise their knowledge and research.

This blog outlines some of the key aspects that founders should consider when negotiating university spin outs with the universities themselves.

The potential pitfalls of referring to employee share option plans in employment offers and contracts and how to do so safely

 Published 174 days ago

What are employee share option plans and why would you implement them?

Employee share options provide employees with rights to acquire shares in a company (usually the employing company or a member of the same group) at a pre-agreed fixed price (often called the exercise price or strike price) in the future. Normally, the exercise price is the market value of the shares at the time the option is granted.

For example, an employee could be granted an option to buy 100 shares at a price of £1.00 per share.

Disclosure In Litigation: What You Need To Know

 Published 193 days ago

What is Disclosure?

Disclosure is a provision of the Civil Procedure Rules 1998 (“CPR”), a term given to the process of offering documents within your control and are material to the issues in dispute. The purpose of disclosure is to make available evidence that can either support or undermine the respective parties’ cases.

Our Top 5 Recommendations For EMI Share Option Schemes

 Published 249 days ago

Top 5 Tips for EMI Options

1)      Separate generic scheme rules (that apply to everyone, e.g. when options lapse on leaving the company before options vested) and then bespoke option certificates that include details specific to each option holder such as exercise conditions (for example every year of employment or with reference to company turnover target or individual metrics such as sales targets).

What are unapproved / non-tax advantaged share option schemes and how are they used?

 Published 256 days ago

An unapproved share option scheme (which is now increasingly referred to as a non-tax advantaged share option scheme) provides the right, but not obligation to acquire a given number of shares from a company at a future date for a fixed price.

For the purposes of this article, we will continue to refer to these schemes as “unapproved” schemes because this is how many people still refer to them. Many industrial professionals, however, have adopted the term “non-tax advantaged” in place of “unapproved”.