The needs of startups are very different from those of established companies. That’s why many years ago, Luzzatto and Luzzatto established a special team for startups, which takes into account the limited resources that startups normally have, along with their need to provide effective and extensive coverage for their ideas.
An additional challenge that startups face is to generate IP that withstands scrutiny by sophisticated investors. Too often, we see patent applications filed by startups which are not suitable for the company's needs and goals and will not provide the necessary leverage when meeting with potential investors.
Luzzatto and Luzzatto acts for thousands of technology companies across a diverse range of industries and work with entrepreneurs through all stages of development, financing rounds, commercialization, acquisition, and more. Our culture of cross-practice advise greatly benefits our clients. Clients enjoy our multi-disciplinary approach, which includes corporate, intellectual property, and litigation.
Over the years, we have taken startups from their very first day to their $1 billion exit, by providing the right advice with an IP strategy that meets their requirements, without being wasteful or generating low value, low quality IP.
Our firm also represents accelerator programs, incubators, inventors, and VCs, and can help make valuable connections for our clients. Advising a startup is not just about drafting and filing a patent application; it entails maintaining an open conversation between the company and the patent attorney, enabling the company to consult on an ongoing basis and avoid making common mistakes. It requires the involvement of the attorney in many different interfaces between IP work and other areas, which our firm offers, maintaining close involvement of the Group’s law firm whenever the startup needs contractual and other legal support, enabling them to use our "one-stop-shop".
