Ex-White & Case lawyer secures funding for virtual law firm

Money injection courtesy of entrepreneurs group

A virtual law firm arrange by a former White & Case affiliate has acquired monetary backing to additional speed up its progress.

Tom Bohills, who skilled and certified in W&C’s London workplace earlier than make the transfer in-house, arrange Chronos Law in 2019 with a give attention to serving to tech start-ups. The virtual providing seeks to interrupt the normal law firm mould by providing revenue sharing, no goal hours and permitting its legal professionals to completely work at home.

The firm has now acquired monetary backing from British entrepreneur Brent Hoberman’s Founders Discussion board Group. Hoberman, co-founder of lastminute.com and MADE.com, established the group as a neighborhood for fellow entrepreneurs.

With the group’s monetary backing, Chronos will rebrand as Founders Law and develop into a part of the Founders Discussion board’s skilled providers providing.

Commenting on the deal, Bohills stated:

“Most tech businesses require flexible legal services that don’t fit the traditional law firm model. I designed the firm to scale with the ambitious startups we support. This new investment will enable us to further recruit and satisfy the growing demand from the tech sector and its need for a new way to access legal advice.”

He added: “Lawyers have and will continue to receive quarterly profit share, no billing targets and complete choice of working from home or office.”

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