ClearyX Launched by Gottlieb

Cleary Gottileb is launching ClearyX, a new digital practice area designed to help software companies bring their products to market more efficiently. With ClearyX, commercial lawyers at the firm will work with technology companies and other firms to review and draft legal documentation for their products. ClearyX will provide services in two areas: capital markets advice and general legal services. In addition, the firm is developing an education program so that companies can train new employees on how to read and understand standard legal documents.

What is ClearyX?

ClearyX is a new practice area within Cleary Gottlieb dedicated to leveraging the firm’s deep experience in standard legal documents to support the growth of technology companies. Together, ClearyX and Cleary Gottlieb’s dedicated IP attorneys help clients across the securities and capital markets lifecycle with standard legal documents, such as securities offerings, licensing agreements, and shareholder agreements. In addition, they also provide general legal services, including business formation, corporate governance, and financing advice. ClearyX has two key pillars: capital markets advice and general legal services. In addition, the firm is developing an education program so that companies can train new employees on how to read and understand standard legal documents.

Legal Services

Legal services practice area includes a range of legal services such as corporate formation, licensing, partnership agreements, shareholder agreements, and more. Their team also helps clients navigate state rules and regulations that can impact the formation and management of their companies. The ClearyX team also provides general legal services, including business formation, corporate governance, and financing advice. Lawyers can also help clients with compliance issues and operations, including immigration and employment law, and matters related to intellectual property (IP) and regulatory compliance.

Capital Markets Advice

Their capital markets practice area helps clients with securities offerings, private placements, and secondary offerings. They also advise clients on investment funds and sponsors, including formation documents and compliance issues. They also advise on general securities law matters, including registration requirements, broker-dealer regulation, and compliance with securities laws. They also provide general legal services, including business formation, corporate governance, and financing advice.

How Does a Law Firm Work with Tech Companies?

Successfully bringing new products and services to market requires expertise in engineering, marketing, and finance. Companies often lack the expertise to successfully manage these essential functions, and may struggle to bring new products to market. The ClearyX team can work closely with tech companies to provide guidance on engineering issues, product design requirements, and best practices for securing financing and scaling their products. They can also help companies navigate the complex product-development process and successfully navigate the regulatory environment. ClearyX can also work closely with companies’ legal counsel to review their standard legal documents to ensure they align with the company’s desired business model and effectively protect the company’s interests.

Legal Documentation for Capital Markets Products and Services

The team behind ClearyX has decades of experience working closely with tech companies to develop standard legal documentation. They've also worked closely with clients to develop standard legal documentation for other industries. They've helped develop standard documents, such as standard IP agreements for software products, standard terms for venture funds, and standard contracts for cloud computing services.

Conclusion

ClearyX provides corporate partners with a trusted, experienced resource to assist with the formation of companies in all stages of development. ClearyX provides clients with recognized expertise in standard legal documents, capital markets advice, and general legal services, helping them navigate the regulatory environment and successfully bring new products to market.