Harper Macleod LLP supports Scottish spinout companies

Leading Scottish commercial law firm Harper Macleod LLP is helping Scots academics commercialise their research with the launch of a new fixed fee service called Spinout Solutions.

 

This specialist package of legal services is designed to meet the needs of spinout companies. It makes setting up a company and starting to trade as painless as possible. This allows the entrepreneurial researcher to focus on growing the fledgling venture into a successful business.

Spinout Solutions provides help with company formation, shareholder agreements, licence and facilities agreements, secondment arrangements, generation of standard trading terms, and the provision of employment, research, confidentiality and consultancy agreements.

Harper Macleod Spinout Specialist, Jamie Watt said, "Entrepreneurial academics and spinout companies play a key role in transferring groundbreaking research into commercial reality. According to recent figures published by Edinburgh University, Scotland's top eight universities produce more disclosures, patents, licences and spinouts per £1 of investment than the 11 best universities in the US. Yet, creating a spinout company is a time consuming process. Balancing commercial needs with university requirements whilst protecting and exploiting valuable intellectual property creates additional burdens in forming a new company. Finding the right advisor with knowledge and experience in this field eases this process and saves both time and money."