LawBite

LawBite LawBite is an online legal platform. We take SME's from Idea to Ideal as they start, grow and succeed. Call us on 0207 148 1066 for a free initial legal check

We do this by providing affordable, understandable advice from our expert, regulated lawyers. “LawBite” is an online legal service providing “Simple Law for Small Companies” (www.lawbite.co.uk). LawBite provides a range of plain English documents covering all the needs of an SME, a suite of unique software tools, and a virtual law firm wrapped around its platform providing affordable, speedy advic

e. Praised by both David Cameron and Minister for Skills, Matthew Hancock, for its innovative approach to democratising the law. LawBite has raised over £500,000 on the peer to peer investment platform, “Crowdcube”, making it one of the 10 most successful UK companies ever at raising crowd-sourced investment. It was recently included by Real Business in their Top 50 awards for the most innovative young companies in the UK.

What happens to shares when the shareholder dies? And what does your company need to do?
06/02/2024

What happens to shares when the shareholder dies? And what does your company need to do?

We explain what happens after the death of a shareholder and the process you will need to follow to transfer the deceased person's shares.

Heads of Terms might not be legally binding, but they can be hugely useful in outlining what will be included in a futur...
05/02/2024

Heads of Terms might not be legally binding, but they can be hugely useful in outlining what will be included in a future deal, and fostering confidence. Learn more in our article.

We provide expert online legal advice for UK businesses - from startups & SMEs to large organisations. Submit your enquiry & get 15 mins free legal advice!

Do you know that companies can buy back shares from shareholders? Share buybacks are a valuable tool in controlling your...
05/02/2024

Do you know that companies can buy back shares from shareholders? Share buybacks are a valuable tool in controlling your business. Learn more:

A share buyback is when companies pay shareholders to buy their shares back. This can be a way of controlling the number of shares available. Learn more.

We usually hear about stamp duty in relation to property, but what about when you purchase shares? Depending on how you'...
05/02/2024

We usually hear about stamp duty in relation to property, but what about when you purchase shares? Depending on how you're buying your shares, you may need to make a payment directly to the HMRC.

Learn more in our guide:

If you're purchasing or transferring shares, you'll need to pay stamp duty. How you pay depends on how you purchased the shares (electronically or not).

A merger between two companies can affect owners, employees and everything from supplier deals to marketing approaches. ...
05/02/2024

A merger between two companies can affect owners, employees and everything from supplier deals to marketing approaches. But what does it mean for your shareholders?

A merger can affect shareholders in a number of ways including impacting share prices and voting power. Find out more and how you can mitigate risks.

A nominee shareholder is a person or company holding shares on someone else's behalf. When might this occur, and what do...
02/02/2024

A nominee shareholder is a person or company holding shares on someone else's behalf. When might this occur, and what does it mean for your business?

A nominee shareholder is a person or company holding shares on someone else's behalf to assures the anonymity and privacy of the beneficial owner.

If you're launching a startup and looking for investment, understanding nominal value of shares is key. Learn more in ou...
01/02/2024

If you're launching a startup and looking for investment, understanding nominal value of shares is key. Learn more in our article.

The nominal value of shares is the sum a person has paid or agreed to pay to become a shareholder. Find out more, plus how to calculate the value of shares.

A shareholder register is a legal obligation - here's what it involves for your business
31/01/2024

A shareholder register is a legal obligation - here's what it involves for your business

A shareholder register is a vital document that contains detailed information about the individuals or entities who hold shares in a company. Learn more.

No one likes thinking about disputes between partnership members or shareholders, but they do happen. Here's how to mana...
30/01/2024

No one likes thinking about disputes between partnership members or shareholders, but they do happen. Here's how to manage disputes before they spiral.

Partnerships and shareholder disputes can arise unexpectedly, potentially jeopardising the success and stability of your business. Learn how to manage them.

If this is the year you're getting your business in tip-top shape, you might want to learn more about Schemes of Arrange...
29/01/2024

If this is the year you're getting your business in tip-top shape, you might want to learn more about Schemes of Arrangement.

A Scheme of Arrangement, is a legal procedure that allows a company to reach an agreement with its creditors and shareholders to restructure its debts.

Starting a business but avoiding the 'budget' part? Whether you're an excel-avoider or you think you know exactly where ...
26/01/2024

Starting a business but avoiding the 'budget' part? Whether you're an excel-avoider or you think you know exactly where your money is going, this guide is here to convince you to set up your budget for your business.

And if you made one at the start and haven't looked at it in weeks? Time to dust it off and update it. Your budget is your most powerful tool in building success!
https://eu1.hubs.ly/H076s2X0

A budget plan is key for business success. It shows your revenue and expenses, and helps you forecast potential growth. It can also identify ways to improve.

If you're looking for new ways to hire and retain staff, an EMI employee share option scheme might be a good fit. Have a...
24/01/2024

If you're looking for new ways to hire and retain staff, an EMI employee share option scheme might be a good fit. Have a look at the pros and cons.

We provide expert online legal advice for UK businesses - from startups & SMEs to large organisations. Submit your enquiry & get 15 mins free legal advice!

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Studio 214, Grand Union Studios, 332 Ladbroke Grove
London
W105AD

Opening Hours

Monday 8am - 6pm
Tuesday 8am - 6pm
Wednesday 8am - 6pm
Thursday 8am - 6pm
Friday 8am - 6pm

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+442071481066

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LawBite Story

"Lawbite is challenging the whole legal profession by providing simple, accessible legal advice."

LawBite was founded in 2011 by Clive Rich, barrister, mediator, arbitrator and professional negotiator. Clive recognised a need for SMEs to have greater access to affordable, understandable legal services.

Without affordable, understandable access businesses are often put off taking the prudent steps that will protect them and their assets in the future. This means that frequently avoidable legal mistakes are made which end up costing SMEs dearly later on.

LawBite’s recent You Gov research indicated that the UK’s SMEs collectively lose over £13 billion a year as a result of failing to take care of their legal business properly. These failures range from not taking care of trading contracts, intellectual property, terms and conditions and shareholder contracts, through to regulatory issues, staffing problems, and disputes.