Revolut to offer ‘affordable legal services’ to business customers through digital lawyer Sparqa Legal

Revolut is offering ‘affordable legal services’ to its 300,000 business customers through a partnership with Legal Tech start-up Sparqa Legal.

Revolut Business customers can sign up to the Sparqa Legal platform for free and get £50 credit towards customisable legal contracts, policies and documents. These include privacy policies, employment contracts, terms and conditions and trademark applications, as well as data protection and health and safety-related documents.

Sparqa Legal has been designed by top UK barristers to provide the expert help and guidance needed for businesses to cut costs and reduce their reliance on traditional methods of obtaining legal services.

Customers will also have access to legal guidance on the day-to-day issues faced by businesses, to help them better understand the law and their obligations.

Sparqa Legal is especially suited to the needs of start-ups and SME businesses, who must deal with demands for high levels of legal compliance, on modest budgets.

Vaidas Adomauskas, Head of Business Product at Revolut, said: “Savvy businesses of all sizes are increasingly looking for innovative digital solutions that solve old problems in new, cost-effective ways. This new partnership between Revolut Business and Sparqa Legal will put affordable legal services at the fingertips of our customers. Legal services is yet another new area where we are excited to further empower our business customers”

The partnership marks Revolut’s first alliance with a legal platform as part of a commitment to enhancing access to digital solutions for business customers. Fulfilling its mission to saving businesses time and money, Revolut Business already works closely with many curated partners, including Google, Apple, Zipcar, Xero, Zapier, Slack, FreeAgent and Smart Pensions. With new perks launching constantly, Businesses can grow more efficiently with Revolut Business.

Andrew Thornton, Founder of Sparqa Legal and a barrister at Erskine Chambers, said: “Our mission is to make the law accessible and empower businesses to fulfil many of their legal requirements outside of traditional law firms.”

“On average businesses face legal issues 8 times a year, yet 87 per cent do not have any internal or external legal capacity. We believe passionately that armed with the right tools, and resources, smart business managers can produce many of the simple legal documents they require. They can also find out about their rights, obligations and the best course to take.”

Thornton and Sparqa Legal’s founding team have a proven track record in the LegalTech market and are the same minds behind FromCounsel, the online legal resource trusted by top global law firms.