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JUNGMANNOVA 750/34, 110 00 PRAHA 1, CZECH REPUBLIC
Tel:
Work +420 603 820 982
Email:
Web:
www.novalia.cz

The firm: NOVALIA’s story is one of the most exciting in the Czech market today. From its opening in April 2015, the firm’s alliance of Czech and American business lawyers have carefully built a law firm based on an all-partner model and the use of completely mobile technology. The firm wanted to create something new, better and more innovative for clients and for itself. As an innovator in the market, the firm’s infrastructure and working environment resembles a technology startup rather than a traditional law firm

Because the firm has no junior associates, clients always have access to partners. The all-partner structure makes the firm’s work more efficient and creates significant cost savings for clients. In traditional firms, partners and associates are graded and promoted based on billable hours. Even the best lawyer may not be promoted to partner if their billable hours do not consistently meet targets. The firm has taken this aspect out of the equation which allows it to pursue its priority: building long-term relationships with clients based on exclusive access to experienced business lawyers. The firm believes that this creates greater satisfaction for both its lawyers and its clients.

All partners of NOVALIA developed their careers at large global firms and the majority of its client base is international.

Areas of practice: The core of the firm’s practice is made up of private equity investments in innovative start-ups specifically, and general M&A.

The firm provides comprehensive legal support to emerging technology companies and start-ups in the information technology and services sectors. The firm can also craft the right agreement between shareholders and with investors for your situation, set up put and call options, drag and tag along rights, advise on rights of first refusal and liquidation preferences etc.

The firm is at the forefront of technological developments in the delivery of legal service and recently has launched an online tool for the formation of wholly owned Czech limited liability companies at www.setupczechcompany.com.

  • Number of lawyers: 9+
  • Languages
  • English
  • Czech
  • Slovakian

Above material supplied by NOVALIA Attorneys-at-law.

Legal Developments by:
NOVALIA Attorneys-at-law

  • Online or Void – New Rules for Contracting with Czech State Entities

    Do you do any business with the Czech state or municipal entities in Czechia? The question also applies to corporations or entities controlled or directly financed by government. If the answer is yes, you need to make sure that contracts concluded with such entities have been uploaded to an online public register.
    - NOVALIA advokátní kancelár

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