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Walter partners with Fasken to revolutionize legal services for startups

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Published on
April 16, 2024

We are proud to announce a strategic partnership with Fasken’s Emerging Technology Group, the leading Canadian law firm for VC financings and tech M&A.

This partnership will reinvent how law firms manage legal matters for their clients, marking a significant evolution in the practice and delivery of corporate legal services.

Fasken will use the Walter platform to better serve startups across Canada, modernizing legal service delivery and ensuring unparalleled efficiency and access to legal data. This partnership puts Fasken at the forefront as the only firm in the country to automate early stage legal services with Walter’s collaborative vertical system of record and document automation toolchain. 

Startups working with Fasken will now have self-serve access to their legal data, similar to the revolution of online banking where the client could access and interact with their records inside the bank’s systems, a revolutionary step away from traditional practices where client information was held exclusively by law firms. This unprecedented transparency and empowerment saves startups invaluable time and resources, particularly by eliminating the need for additional software to manage their cap table or employee incentive plan. Legal processes such as incorporation, drafting and corporate maintenance resolutions are now largely automated in Walter’s collaborative vertical system of record. 

"Our goal has been to build the tools we wish we had as founders, lawyers and investors to focus our efforts on the highest value activities," said Ryan Wilson, CEO of Walter. “By integrating Walter's advanced document automation capabilities with Fasken's legal expertise, we are setting a new industry standard for efficiency. Startups and their trusted advisors at Fasken now have a powerful tool at their disposal to significantly reduce the time spent on administrative record keeping, enabling them to be due-diligence ready at any time.”

Walter’s partnerships with Microsoft, Docusign, iManage, Amazon Web Services and other key technology partners enables lawyers to work with existing tools they are familiar with such as Microsoft Word rather than proprietary tools, freeing them from vendor lock-in and ensuring document creation, signing, and management are automated inside of their existing technology investments. With ISO 27001 and SOC II certified infrastructure Walter provides a platform that meets the highest standards of cyber security and data residency. 

This initiative enables startups to be preemptively organized, avoiding the stress and potential deal-breaking delays of last-minute due diligence preparation. With Walter’s platform, Fasken’s clients now enjoy the benefit of a shared single source of truth for the creation, execution and storage of all their corporate records. By choosing Fasken's services, startups can focus on growth and innovation, assured that their legal infrastructure is sound and scalable.

"Fasken is thrilled to collaborate with Walter in what we consider a milestone achievement in legal tech innovation," said Will Shaw, a Partner and Co-Leader of the Fasken Emerging Tech practice. "By focusing on automating early stage legal services, we're not just simplifying these essential processes but also ensuring startups can allocate their resources more effectively, focusing on what they do best: innovating and growing their businesses. The revolution driven by AI is still in the early stages, but this is major step by one of Canada’s

With automated equity incentive plan and cap table management tools, transactional document automation and financing automation capabilities already deployed in many venture-backed technology companies, Walter is ready to grow with Fasken’s startup clients as they expand.

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