- At Kemp Little, we are known for our ability to serve the very particular needs of a large but diverse technology client base. Our hands-on industry know-how makes us a good fit with many of the world's biggest technology and digital media businesses, yet means we are equally relevant to companies with a technology bias, in sectors such as professional services, financial services, retail, travel and healthcare.
- Kemp Little specialises in the technology and digital media sectors and provides a range of legal services that are crucial to fast-moving, innovative businesses.Our blend of sector awareness, technical excellence and responsiveness, means we are regularly ranked as a leading firm by directories such as Legal 500, Chambers and PLC Which Lawyer. Our practice areas cover a wide range of legal issues and advice.
- Our Commercial Technology team has established itself as one of the strongest in the UK. We are ranked in Legal 500, Chambers & Partners and PLC Which Lawyer, with four of our partners recommended.
- Our team provides practical and commercial advice founded on years of experience and technical know-how to technology and digital media companies that need to be alert to the rules and regulations of competition law.
- Our Corporate Practice has a reputation for delivering sound legal advice, backed up with extensive industry experience and credentials, to get the best results from technology and digital media transactions.
- In the fast-changing world of employment law our clients need practical, commercial and cost-effective advice. They get this from our team of employment law professionals.
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- Our litigation practice advises on all aspects of dispute resolution, with a particular focus on ownership, exploitation and infringement of intellectual property rights and commercial disputes in the technology sector.
- We have an industry-leading reputation for our outsourcing expertise. Our professionals deliver credible legal advice to providers and acquirers of IT and business process outsourcing (BPO) services.
- We work alongside companies, many with disruptive technologies, that seek funding, as well as with the venture capital firms, institutional investors and corporate ventures that want to invest in exciting business opportunities.
- Our regulatory specialists work alongside Kemp Littles corporate and commercial professionals to help meet their compliance obligations.
- With a service that is commercial and responsive to our clients needs, you will find our tax advice easy to understand, cost-effective and geared towards maximising your tax benefits.
- At Kemp Little, we advise clients in diverse sectors where technology is fundamental to the ongoing success of their businesses.They include companies that provide technology as a service and businesses where the use of technology is key to their business model, enabling them to bring their product or service to market.
- We bring our commercial understanding of digital business models, our legal expertise and our reputation for delivering high quality, cost-effective services to this dynamic sector.
- Acting for market leaders and market changers within the media industry, we combine in-depth knowledge of the structural technology that underpins content delivery and the impact of digitisation on the rights of producers and consumers.
- We understand the risks facing this sector and work with our clients to conquer those challenges. Testimony to our success is the continued growth in our team of professionals and the clients we serve.
- We advise at the forefront of the technological intersection between life sciences and healthcare. We advise leading technology and data analytics providers, healthcare institutions as well as manufacturers of medical devices, pharmaceuticals and biotechnological products.
- For clients operating in the online sector, our teams are structured to meet their commercial, financing, M&A, competition and regulatory, employment and intellectual property legal needs.
- Our focus on technology makes us especially well positioned to give advice on the legal aspects of digital marketing. We advise on high-profile, multi-channel, cross-border cases and on highly complex campaigns.
- The mobile and telecoms sector is fast changing and hugely dependent on technology advances. We help mobile and wireless and fixed telecoms clients to tackle the legal challenges that this evolving sector presents.
- Whether ERP, Linux or Windows; software or infrastructure as a service in the cloud, in a virtualised environment, or as a mobile or service-oriented architecture, we have the experience to resolve legal issues across the spectrum of commercial computer platforms.
- Our clients trust us to apply our solutions and know-how to help them make the best use of technology in structuring deals, mitigating key risks to their businesses and in achieving their commercial objectives.
- We have extensive experience of advising customers and suppliers in the retail sector on technology development, licensing and supply projects, and in advising on all aspects of procurement and online operations.
- Our years of working alongside diverse software clients have given us an in-depth understanding of the dynamics of the software marketplace, market practice and alternative negotiating strategies.
- Working with direct providers of travel services, including aggregators, facilitators and suppliers of transport and technology, our team has developed a unique specialist knowledge of the sector
- Your life as an entrepreneur is full of daily challenges as you seek to grow your business. One of the key strengths of our firm is that we understand these challenges.
- Kemp Little is trusted by some of the worlds leading luxury brands and some of the most innovative e-commerce retailers changing the face of the industry.
- HR Bytes is an exclusive, comprehensive, online service that will provide you with a wide range of practical, insightful and current employment law information. HR Bytes members get priority booking for events, key insight and a range of employment materials for free.
- FlightDeck is our portal designed especially with start-up and emerging technology businesses in mind to help you get your business up and running in the right way. We provide a free pack of all the things no-one tells you and things they dont give away to get you started.
Click to Invest: is crowd funding the future of raising capital in the creative industries?
An Awfully Big (Double Fine) Adventure
Despite being an industry legend with much-loved games Full Throttle and Day of the Tentacle under his belt, Tim Schafer knew the problems he faced in pitching his latest point-and-click adventure idea to publishers. At a time when current console games sales charts are dominated by blockbuster first person shooters and annual iterations of sports game franchises, it would be difficult to convince a publisher to take a risk on a slow-paced genre that had its heyday in the early 1990s.
Kickstarter, and other crowd funding platforms available in the UK such as indiegogo, Crowdfunder, Wefund and Peoplefund.it all work in the same way, enabling business to seek donations or sponsorship and provide either no return or some form of merchandise or participation in the product development process in return for the financial contribution.
A useful alternative to bank lending, crowd funding platforms such as the UK Funding Circle enable investors to provide funds by way of a loan which must be repaid in future with interest. This type of model is less useful to creative businesses due to their general credit risk status and the fact that their projects tend to be high-risk / high-reward, meaning that there is a significant chance of insolvency if the project isn’t commercially successful (due to the loan carrying a fixed obligation to repay at a future date).
The Financial Services and Markets Act 2000 (FSMA 2000) restricts anyone from communicating an invitation or inducement to engage in investment activity in the course of business (called a “financial promotion”) unless he or she has been authorised by the Financial Services Authority (FSA), or the communication itself has been authorised by the FSA, or it is covered by an exemption contained in the legislation. The terms used in this restriction are drafted so widely that, essentially, the regime applies to any communication made by a business in connection with it raising funding where the contributor is offered an opportunity to take shares in the business or obtain a return on their investment based on the success of the project.
In the US, where the Securities and Exchange Commission (SEC) enforces similar restrictions, recent legislation has been adopted reducing the regulatory burden on entrepreneurs wanting to use the crowd funding model to sell equity. The Jumpstart Our Business Startups Act (or JOBS Act) was signed into law on 5 April 2012 and permits small businesses to pool capital through crowd funding by selling up to $1 million in shares a year. Investors would be able to realise any gain made on their investment by selling the shares after a forced year-long holding period, or if the company eventually floats.
For more information, please contact Andy Moseby