Hedman Lift offers free legal templates for Latvian startups

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Hedman Partners, one of the leading start-up legal advisers in Estonia with a focus on the emerging technology sector now offers free legal templates for Latvian startups they can use as their early-stage legal documents. Hedman Lift online legal resource currently features four legal templates which comply with Latvian law, and are free and available for use to all and any startups and companies operating in the Latvian market.

Tallinn-based Hedman Partners has been a proud sponsor of the Estonian startup community almost since the very early days, and has extensive experience helping startups in legal matters. Their clients include companies such as Jobbatical, Taxify, Shipitwise, Sprayprinter and more. More recently, Hedman Partners has offered legal advice in the Latvain market, including helping Startup Wise Guys on expanding their operations to Latvia.

Hedman Lift online legal resource features four legal templates. These include a founder’s agreement, perhaps the most important legal document for a startup in the very beginning; a sample confidentiality agreement, a common way between counterparties to outline confidential material, knowledge, or information; seed round equity financing term sheet, a non-binding agreement setting forth the basic terms and conditions under which an investment will be made, as well as a pre-investment due diligence checklist that helps founders assess whether all the important legal matters are sufficiently covered.

Merlin Salvik from Hedman Partners said that the law firm is committed to expand in the Latvian market. “We are a proud sponsor of the Estonian startup community almost since the very early days. However, we see the Baltic market as one region, and the ecosystem in Latvia in particular has been growing fast recently. There are definitely a lot of promising companies and talented entrepreneurs in Latvia that I believe we will hear a lot more of in the future. We look forward to work more closely with the startup community in Riga and to put our extensive experience and know-how to good use, helping local companies grow and suceed,” commented Salvik.
All templates are available online for free at lift.hedman.ee under Templates section to everyone who wishes to evolve from the pre-seed level to raising their first funds and going beyond.