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How To Negotiate University Spin Outs

October 11

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.

Coronavirus Job Retention Scheme (“CJRS”) extended and the launch of the Job Support Scheme (“JSS”) postponed

November 4

UPDATE 5 November 2020: Chancellor Rishi Sunak confirmed that the CJRS will be extended until the end of March 2021 and that the Government will review the policy in January 2021.

UPDATE: Coronavirus Job Retention Scheme (“CJRS”) extended and the launch of the Job Support Scheme (“JSS”) postponed

The Government announced on 31 October 2020 that the CJRS will be extended by a further month and will remain open until December 2020 in order to provide additional support to employers through the second national lockdown in England which is due to commence on 5 November 2020. As a result, the start of the JSS has been delayed until the extended CJRS ends.

Why and how to protect intellectual property rights in the UK?

October 14

UK intellectual property (IP) law encompasses several different forms and types of IP such as copyright, trade marks, patents, design rights and trade secrets. IP is defined as any intangible creative work and, therefore, for legal purposes is considered an asset.

Your rights: Unfair and constructive dismissal

October 7

As the dust of the first and hopefully last wave of COVID-19 begins to settle and furlough schemes come to end, the damage to the job market is evidently palpable. The disparity between those looking for jobs and jobs available has been well documented. As more employees face redundancies and dismissal, knowing what rights you have as an employee will be paramount for navigating through this mess.

Superb- excellent advice delivered promptly and without unnecessary complexity. In particular, I'd like to thanks Radosveta and Callum for their excellent work.

John Ditchfield

06/07/2022

Great help from Jonathan Lea Network, in particular Kent Reynolds and Radosveta Stoeva who went to great lengths to understand my story and formulate a great legal response. I would recommend them to anyone if they had a similar problem to mine

Mannix Sibanda

21/06/2022

Kent Reynolds and Radosveta Stoeva have been extremely helpful in a number of legal cases that I have had to deal with. The general advice and all subsequent action regarding a number of residential property, commercial property and company law cases I had, was fantastic and made the whole experience as pain free as possible. Kent and Radosveta are very pleasant to work with. Highly recommend.

Alan Donohoe

19/06/2022

I don't really want to leave a 5* review as would prefer to keep their superb, responsive service to our business! However I can confirm that Kent Reynolds offered superb and very fast advice in a contract negotiation which enabled us to agree some sensible contract amendments & get the deal signed. Excellent.

Nick Goodenough

17/06/2022

Received great support from the Jonathan Lea Network team, in particular from Ashley Wong, Paralegal. They quickly understood my needs, developed a sensible and pragmatic solution and prepared the supporting paperwork in a short timescale. Very efficient from start to finish and reasonable rates with no hidden costs. No hesitation in recommending.

Colin Silverman

03/05/2022

Appointed Jonathan Lea to help us with a share subscription agreement and the level of service was a breath of fresh air. I specifically worked with Radosveta and I can honestly say every company needs a Radosveta. working with her was amazing.

Nosakhare Osadolor

02/05/2022

Always happy to engage the services of this top team of professionals at The Jonanthan Lea Network who have helped dozens of my business clients with all aspects of their legal needs. Professional, knowledgeable and responsive, the team has simplified complex issues and stayed on top of important deadlines to ensure the best outcomes for the entrepreneurs I work with. Special thanks goes to Jonathan for leading a trustworthy and cohesive team that genuinely cares about its clients, and to Callum Ritchie and Reina Menezes D'costa for their high-quality and reliable support.

Paul Grant

07/03/2022

Working with Jonathan Lea and in particular Callum Ritchie has been a great experience. The attention to detail; meeting tight deadlines; and, conducting consistently thorough and timely communications - these were all at a very high standard. Would recommend their/his services highly.

Patricia Kruijer Trijbits

20/02/2022

I have had the pleasure of undertaking a month-long internship at The Jonathan Lea Network, which really has significantly boosted my enthusiasm to complete my SQE exams and become a fully qualified solicitor. I am also delighted to join JLN as a full time paralegal from February!

George Harrison

29/01/2022

Sarah Lungley coordinated successfully setting up our Share Options EMI scheme, backed by Jonathan Lea personally and supported by Graeme Burnham (Complete Accounting Solutions) as the accountant in the team. Please note that this team approach, bringing legal and accounting specialists together, worked well for us. For us, being totally new to EMI share options, we were very professionally led through the process, our many questions answered - at the outset and en-route.

Robin Stern

27/01/2022