Singapore-based legal startup LawCanvas is expanding to Australia, Malaysia and Hong Kong, with a closed beta to refine its services.
Singapore startup Legalese.io has just launched, hoping that ‘software will eat the law’ when it comes to drafting legal documents for startups and VCs to use. Benjamin Cher reports.
Legal services still remain relatively untouched by the startup boom in Asia. Obfuscated terms and legal jargon provide high barriers of entry, giving lawyers a monopoly. But that might change with a couple of new startups making their debut, writes Benjamin Cher.
Differences in culture, economic growth and technological development all notwithstanding, perhaps the most formidable challenge affecting the unrestricted flow of venture capital across South-East Asia is the sheer complexity in navigating the legal environments within each respective market, writes Justin Hall of Golden Gate Ventures.
Singaporean angel investor Bernard Leong and lawyer Huifen Zheng have launched a set of open source term sheets and share transfer documents that they believe would help both entrepreneurs and angel investors navigate the complexities of the legal documents associated with the fundraising part of startups.
Julian Leitner’s own frustrations with trying to do business in Thailand compelled him to co-found Stein Advisors, a legal advisory firm which provides very focused services to innovative startups.