What we do: Unapproved share option scheme legal advice
Unapproved share options provide an effective way for employers to encourage and reward loyal and hardworking employees by offering equity in their company. Under this arrangement, employees have the option to purchase shares in the future at a price defined by the company.
Unapproved option schemes can be offered to members of staff who are not eligible for approved options schemes; including overseas staff, or consultants.
Our corporate share scheme solicitors regularly advise employers on all aspects of their share option requirements. We’ll outline the share schemes available, the advantages and disadvantages of each, the risks to your business, and any legal implications, before helping you design, structure and implement the right scheme for your business.
In addition to advice on unapproved option schemes, we also provide guidance in relation to approved tax-advantaged schemes such as:
For more information on how employee share schemes work, don’t forget to read our advice, What are employee share schemes and how do they work?
Who we help: Employers at all levels, from start-ups and SMEs to large corporates
We specialise in start-ups, high growth companies and SMEs but we also help many large businesses to set up and administer unapproved share option schemes.
Why choose Harper James? Our solicitors’ experience
We’re a modern law firm with a difference. Our innovative remote operating model means that you can access expert City-grade legal advice from partner-level solicitors at a fraction of the cost of traditional law firms. Our solicitors have all been recruited from top 100 UK law firms or large international businesses. Find out more about our corporate lawyers here:
Abby Watson is a corporate solicitor, specialising in private equity investments, mergers & acquisitions, EMI share schemes, corporate finance and governance and more.View profile
Our three transparent pricing packages are designed to give you the widest possible access to high-quality legal advice, whatever the size and nature of your business:
Straightforward access to senior solicitors from £200 per hour.
An affordable solution for businesses needing one-off legal support. Receive 'City' partner-level expertise at a fraction of 'City' prices.
Have legal peace of mind for £189 per month with additional support from £99 per hour.
A monthly subscription legal support package specifically designed for start-ups and smaller businesses.
For businesses requiring 60+ hours of support a year, with prices equivalent to £99 per hour.
Fully account managed quarterly subscription service for businesses with more complex legal needs.