For now, users in Malaysia will be able to find and customise legal documents, sign and share the documents electronically, and organise and store these documents in the cloud. Users in Hong Kong and Singapore have access to various other services, including personalised training, access to a legal drafting help desk and legal clinics, invitations to seminars and events, and legal support from the Dragon Law team and their network of lawyers. The subscription packages for Malaysia have not been announced, but the pricing in Singapore starts at SGD175 per month.
On 12 June 2016, a story in The Star (Legal start-up’s services scrutinised by Malaysian Bar) reported that Dragon Law‘s entry into Malaysia has come under the scrutiny of the Malaysian Bar. It was reported that Malaysian Bar President Steven Thiru has confirmed that Dragon Law‘s services were being studied.
Earlier on 9 May, a few of us were at MaGIC for the BurgieLaw fireside chat to share our legal tips to startups. The Star then interviewed us for their article on ‘Don’t be penny-wise, startups: lawyers‘. I will feature some of my quotes further down below. But in particular, I emphasised to the reporter that:
“There is no true startup specialist lawyer. Startups cover many existing legal areas. It’s a matter of hiring a lawyer with the appropriate skill sets for your needs,” he said.
This post by Chua Sher Hann is the first-ever guest-post on The Malaysian Lawyer.
The last few years saw a proliferation of startups in Malaysia. You can eat your Dah Makan lunchbox, then GrabCar to your KFit class decked in your Ash Be Nimble active wear. If you are an aspiring entrepreneur or the founder of a fresh startup, you must be extremely careful when navigating the intellectual property minefield, and not overlook the importance of securing the intellectual property rights of your business.
Unless you’re someone like Jeffri Cheong of Kaodim (who was an intellectual property lawyer prior to co-founding the services platform which recently raised USD 4 million in its Series A round) and already have a solid understanding and knowledge of intellectual property, please read on.
Here are five common intellectual property mistakes that startup founders make.