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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.
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Last month, we sponsored the More Radio Live event in Worthing. It was highly entertaining and featured five tribute acts, The Spice Girls, Lewis Capaldi, Ed Sheeran, Kylie Minogue and George Michael. They performed the biggest songs of the last three decades and the crowd had a great time singing and dancing along, even when it started to rain towards the end of the night. Normality was restored as thousands of people gathered together to enjoy the occasion.
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As the Jonathan Lea Network continues to grow, we are excited to announce another new team member has joined the retained team at our head office in Haywards Heath. In July we welcomed Paloma Cumia as a full time Assistant Solicitor.
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We were able to celebrate our growth and success so far this year by getting together for our annual summer party last week for an evening of local Sussex sparkling wine, Pimm’s, a BBQ buffet and socialising.
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We held our first stoolball tournament, where we got together with local businesses to network, eat, drink and get competitive playing the 500-year-old Sussex sport of stoolball at Great Walstead School.
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How to stay ahead of the game, by avoiding debts become bad in the first place, by effective debt management and how to take action to enforce your debts, when to take action and when writing off debts is the most effective solution.
Are you struggling with overdue invoices and having trouble obtaining payment from stubborn debtors? If so, this hybrid seminar / webinar may be beneficial for you. For those that attend the physical webinar event, it also provides an ideal opportunity to network with local business contacts and a free lunch will be provided.
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We are proud of our team for their hard work and dedication, while we have always seen it as important to offer career progression opportunities. This month we are delighted to announce that Simon Brooks has become our first trainee solicitor to qualify as a solicitor.
Simon joined us in August 2018 as the first paralegal we employed. At the time we operated from a tiny office in the roof above a small accountancy practice, trading under the insurance and regulatory umbrella of another law firm which Jonathan had joined as a consultant back in 2013. Despite being in our infancy Jonathan was able to interview several recent law school leavers for the role and eventually selected Simon due to his high academic grades, extra-curricular achievements and sense of ambition.
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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.
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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.
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We are excited to be included in the latest issue of Town & County Magazine where Jonathan Lea talks about rising to various business challenges.
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