Founders Forum Group has invested in a tech law firm, Chronos Law
JUNE 9, 2022 – LONDON – Founders Forum Group invested in a boutique law firm, Chronos Law and will become a significant minority shareholder. The firm can now accelerate its already rapid growth and will rebrand itself as Founders Law as part of Founders Forum Group’s growing professional services offering. Chronos will remain totally independent but with the advantage of having a new strategically important shareholder.
Chronos Law Logo
Founded in 2019 by fintech specialist and IT lawyer, Tom Bohills (formerly at White & Case LLP), a disruptor of the market norm, Chronos is an all-virtual law firm that has quickly carved out a niche for itself. serving fintech at scale. The firm combines the expertise of a private firm with the accessibility of an in-house legal advisor. Chronos Law will remain an independent company serving its already impressive client base and will expand to provide its integrated services to high-growth technology scale-ups in the Founders Forum network.
In just three years since its inception, Chronos’ success has been recognized as a finalist or winner by leading legal industry publications including The Law Society Awards, Law.com (UK Legal Week) and Legal Business.
bohills“Most technology companies need flexible legal services that don’t fit the traditional law firm model. I designed the firm to evolve with the ambitious start-ups we support. This new investment will allow us to recruit more people and meet the growing demand from the technology sector and its need for a new way to access legal advice. Chronos (Founders Law) attorneys have and will continue to receive a share of quarterly profits, no billing targets, and a full choice of working from home or from the office.
Founded in 2005, Founders Forum has grown into an invitation-only series of events bringing together the world’s most innovative founders, investors, business leaders and government leaders for open discussion and collaboration. It has since grown into a family of businesses advocating for founders through education, investing and professional services, with Founders Law marking its first foray into legal services.
Brent Hoberman CBE, Executive Chairman and Co-Founder of Founders Forum Group“Tom and his team have built a unique legal practice that is sensitive to the needs of scaling founders. Their knowledge of the tech ecosystem combined with their agile approach to legal services makes them the ideal legal partner. truly fit into the businesses they support, allowing founders to grow and protect their ideas.”
James Croyston, Director of Chronos“I trained in a private practice then I held various positions including that of General Counsel in a company; then I met Tom and saw how Chronos was disrupting the legal services market. I joined for many reasons, but speaking to our team, lawyers want to work in a new way. We had discussed options for future growth of the business and investing in Founders Forum made the most sense to us; be true to our business model of operating for the benefit of our clients and providing a new way for lawyers to work and share the profits.
Carolyn Dawson, CEO of Founders Forum Group“We are delighted to welcome Chronos Law to the Founders Forum Group as we seek to provide our community of pioneering technology founders with best-in-class legal support tailored to their needs.
“As Founders Forum Group grows, we continue to partner with forward-thinking Founders who are passionate about advancing their respective service areas,” says Dawson. “The launch of Founders Law brings us closer to providing a full range of professional services to our global community of game-changing entrepreneurs.”
NOTES TO EDITORS
About the Chronos Law
Founded just three years ago in 2019 by fintech specialist and IT lawyer Tom Bohills, Chronos is a full-service law firm serving the fintech and regulatory industry in London and internationally. He particularly focuses on young and medium-sized technology companies in high growth mode. A fully virtual model allows the company to serve customers across the UK and Europe without visas or employment barriers. Bohills was previously head of legal at fintech company Red Deer, before working at White & Case.
About the Founders Forum group
Founders Forum Group is an event community and family of companies supporting innovative entrepreneurs at every stage of their journey.
FF’s invitational forums bring together founders, investors, business leaders and governments to address defining issues of the times in iconic locations around the world. This year’s lineup includes flagship forums in Singapore, London, New York and Berlin.
Since 2019, Founders Forum has partnered with Informa Tech to celebrate the strength and diversity of UK tech across London Tech Week. The partnership combines Informa’s world-class event infrastructure with the unrivaled convening power of the Founders Forum. The joint venture enables London Tech Week to enrich its impact and extend its reach with industry and representation-focused events, including ClimateTech, Raising the Founders, EQL Ellethe Future of Work Summitand HealthTech.
Fueled by the connections and insights forged at flagship group events, Founders Forum companies support the needs of today’s founders through networking (To input), education (01 Founders, Frame, smartupand the Center for Entrepreneurs NEF+ program), professional services (Founders GuardiansFounders Law), investment (Founders Factory, first minute capital, Creators Fund) and charitable donations (Commitment of the founders). In 2021, the group sells its innovation strategy consulting firm, Intelligence Foundersto global consulting, Accenture.
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