NewLaw.ro, 6 months since launch: The most common requests from entrepreneurs: legal consulting in business law

Launched at the beginning of the year, with the mission to support start-ups and simplify the lawyer-client relationship, the NewLaw.ro platform has identified and analysed the main legal needs of a start-up. In the first 6 months since its launch, the most frequent requests recorded on the NewLaw.ro platform from entrepreneurs focused on legal consulting in business law and practical support in complying with GDPR requirements.

The NewLaw.ro platform was developed and implemented by lawyer Bogdan Ilie and his colleagues from the NDI Law team, lawyers with over 15 years of experience in legal services, with the aim of streamlining the client-lawyer relationship by facilitating remote collaboration. Clients exclusively pay for the legal services they receive, with an initial consultation of up to 30 minutes being free. Similarly, both for clients and lawyers, the use of the NewLaw.ro platform is also free of charge.

Therefore, the platform supports the sustainable development of businesses and comes to the aid of entrepreneurs, as well as individuals, who require various legal services provided by specialized lawyers, regardless of their location.

"Most start-ups, especially in the early stages of development, do not have a dedicated lawyer or legal department, which is the gap we aim to fill. For an entrepreneur without legal studies and expertise, navigating the complexity of legislation can become overwhelming. Whether it's about protecting intellectual property, drafting and managing contracts, or ensuring compliance with data protection regulations, these entrepreneurs face serious challenges. And without the proper expertise and guidance, significant problems can arise for the business," states Bogdan Ilie(in opening picture), lawyer and founder of NewLaw.ro.

The legal needs of a startup:

In the first 6 months since its launch, the NewLaw.ro platform identified a significant correlation between the most frequent requests recorded from entrepreneurs and the most common legal needs of start-ups, namely: choosing the company structure at its establishment, negotiating and concluding commercial contracts, protecting intellectual property, managing personal data, and legal consultancy for obtaining various funding.

Only 1 in 5 start-ups file applications for intellectual property rights.

A recent study conducted by the European Patent Office (EPO) and the European Union Intellectual Property Office (EUIPO) highlights how patents and trademarks contribute to the success of European startups. The report shows that, on average, start-ups that have filed these two types of intellectual property rights (IP) during the initial or growth stages are up to 10.2 times more likely to obtain funding. In Romania, only one in five start-ups files applications for intellectual property rights, placing it below the European Union average (29%)