Start-ups; Incubators; Accelerators

Securing Success for your Startup

Securing Success for your Startup Did you know that around 95% of startups in Australia fail before exit? There are many reasons for this high failure rate and in our practice we have seen them arise at all stages in the startup lifecycle, from concept, through to growth and a potential exit. Our focus at VML...
The GDPR and Australian Businesses
There has been a lot of interest and concern in Australia about the applicability and impact of the European Union General Data Protection Regulation (the GDPR), which came into force on 25 May 2018. As you delete that final email asking you (again) for your consent, and read the first reports of billion dollar European...
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Are ‘gig’ workers Employees or Contractors? Uber result for the share economy companies
A recent decision by the Fair Work Commission, Kaseris v Rasier Pacific V.O.F, has found that an Uber driver is a contractor and not an employee. The decision will likely inform how the engagement of other gig workers in the ever-growing share economy will be treated in the future. Background In August 2016, Mr Michail Kaseris...
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Update to unfair contract terms in small business contracts
New laws will apply to protect small businesses from unfair contract terms in standard form contracts entered into or renewed on or after 12 November 2016. The laws will apply where: the contract is for the supply of goods or services or the sale or grant of an interest in land; and at the time...
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Legislative protection extended for small businesses
The Federal Government recently announced its introduction of a Bill to Parliament that will provide protection against unfair contract terms for small businesses. To date, the Bill has passed in the House of Representatives and now waiting on review and consideration by the Senate Economics Legislation Committee. If enacted, it will render voidable any unfair...
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Start Me Up
We may be lawyers, but we understand that reviewing legal documents can be painful, and is often the last concern of budding entrepreneurs who just want to get their product to market. But in addition to passion, drive, talent and a great idea, any successful start up must be built on a solid legal foundation....
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