logo
Scale LLP Deepens Startup and VC Bench Through Merger with Fathom Law

Scale LLP Deepens Startup and VC Bench Through Merger with Fathom Law

Business Wire18-06-2025
SAN FRANCISCO--(BUSINESS WIRE)-- Fathom Law, a San Francisco-based firm known for its emerging companies and venture capital (EC/VC) practice, has merged with Scale LLP, a modern national firm. The merger brings together two firms that share a philosophy of delivering business-minded, startup-savvy counsel with the speed and innovation today's venture-backed companies demand.
Founded by Eric Ferraro in 2013, Fathom has served as outside general counsel for hundreds of technology startups and late-stage venture-backed companies, advising on lifecycle needs including venture finance and M&A transactions valued at more than $2 billion in the aggregate. Scale also has roots in Silicon Valley, with more than half of its attorneys bringing in-house experience to the firm's capabilities in the venture tech sector. The addition of six lawyers from Fathom expands Scale's footprint to 80 attorneys nationwide and bolsters a strong corporate and EC/VC practice.
'Fathom's track record with startups and VCs makes them a perfect fit for our firm, and for where our clients are going next,' said Scale Managing Partner David Reidy. 'Like us, the Fathom team believes that lawyers and their clients are looking for a modern alternative to the traditional law firm model, and they share our mission of building a top-tier national firm.'
'We built Scale to deliver elite legal services based on real-world experience,' added Scale Founding Partner Adam Forest. 'Eric and his colleagues strengthen our ability to do that while underscoring the innovation that runs through our firm.'
The Fathom merger creates additional capacity for Scale to serve clients comprehensively as they grow, from early-stage startups navigating their first financing rounds to established companies preparing for M&A and capital markets exit opportunities. Clients gain access to expanded legal services, a deeper bench of trusted advisors, and continued access to the attorneys they trust, without any disruption to service, rates, or attorney relationships.
'This partnership gives our clients access to the Scale team's broad capabilities and national presence without sacrificing the focus and responsiveness they expect from Fathom,' said Ferraro. 'The merger aligns us with a firm that shares Fathom's DNA and exceptional lawyers who understand both the pace of startups and the sophisticated legal needs of scaling companies.'
This merger advances Scale's vision of a modern law firm — where elite talent, efficiency, and business insight converge.
About Scale LLP
Scale LLP is a national law firm with a modern legal delivery model. With 80+ lawyers across the country, Scale serves high-growth companies and sophisticated clients through practices spanning corporate and securities, general counsel services, fintech and financial services, real estate and land use, litigation, and intellectual property. Learn more at scalefirm.com.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Corporate highlights for today, July 3: Bajaj Finance, Reliance Retail, SpiceJet, Patanjali, HDFC Bank, Tata Power, GMR Airports, Vedanta, Nykaa, MOIL, Bosch and more
Corporate highlights for today, July 3: Bajaj Finance, Reliance Retail, SpiceJet, Patanjali, HDFC Bank, Tata Power, GMR Airports, Vedanta, Nykaa, MOIL, Bosch and more

Business Upturn

time6 minutes ago

  • Business Upturn

Corporate highlights for today, July 3: Bajaj Finance, Reliance Retail, SpiceJet, Patanjali, HDFC Bank, Tata Power, GMR Airports, Vedanta, Nykaa, MOIL, Bosch and more

By Aditya Bhagchandani Published on July 3, 2025, 22:30 IST Indian corporates witnessed a busy day with several notable developments: CG Power and Industrial Solutions successfully closed its QIP at ₹660 per share, raising funds from institutional investors at ~2.8% discount. Bajaj Finance posted a robust Q1FY26 business update: customer franchise rose to 106.51 million (+21% YoY), new loans booked at 13.49 million (+23% YoY), AUM jumped 25% YoY to ₹4.41 lakh crore. Reliance Retail announced a strategic minority stake in UK-based FaceGym to bring its facial workout studios to India through Tira and standalone outlets. SpiceJet clarified that a cosmetic interior window frame became loose mid-flight on its Goa-Pune service, with no safety impact. Dabur India won an interim injunction from the Delhi High Court restraining Patanjali Ayurved from airing allegedly disparaging ads against Dabur chyawanprash. HDFC Bank CEO Sashidhar Jagdishan moved the Supreme Court seeking to quash an FIR filed by Lilavati Trust after three Bombay HC judges recused from hearing his plea. Tata Power was ordered to pay $490.32 million in damages to Kleros Capital Partners over a breach of NDA, even as it reported strong Q4 earnings. GMR Airports saw shares rise after TDSAT asked AERA to recalculate the HRAB for DIAL airport, which could raise tariffs and profitability. Reliance Communications was classified as 'fraud' by SBI, implicating former director Anil Ambani over alleged fund diversion of ~₹12,692 crore. Vedanta reported Q1FY26 production: aluminium output at 575,000 tonnes (+2% QoQ) and zinc output at 252,000 tonnes (-4% QoQ). Nykaa (FSN E-Commerce) shares fell after a ~2.3% block deal by the Banga family as they pared stake. MOIL reported a 15% YoY increase in manganese ore production in Q1FY26 and a 24% YoY rise in sales. Bosch announced plans to invest ₹800 crore over the next two years for localisation of EV components and new mobility solutions. Quess Corp said it plans to divest non-core businesses and focus on scaling staffing and digital services verticals. These developments reflect the legal, operational, financial, and strategic actions shaping corporate India today. Disclaimer: The information provided here is for informational purposes only and should not be considered as financial or investment advice. Please conduct your own research or consult a professional advisor before making any investment decisions. Neither the author nor the publisher is liable for any actions taken based on this information. Ahmedabad Plane Crash Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.

Activist investor Starboard builds 9% stake in Needham-based Tripadvisor
Activist investor Starboard builds 9% stake in Needham-based Tripadvisor

Boston Globe

time15 minutes ago

  • Boston Globe

Activist investor Starboard builds 9% stake in Needham-based Tripadvisor

A representative for Tripadvisor couldn't be reached for comment. While Tripadvisor posted better-than-expected results in the first quarter, its core business remains under pressure from factors including increased competition and weaker travel demand. In February 2024, Tripadvisor announced it was forming a special committee to evaluate any potential takeover proposals after its board authorized talks on a possible acquisition. The following month, Bloomberg News reported that Apollo Global Management Inc. had expressed interest in exploring a bid for the company. Advertisement Starboard is returning to consumer-facing investments after being frustrated in some high-profile campaigns in other sectors last year—most notably at News Corp. and Pfizer Inc. The New York-based firm, which is led by Jeff Smith, has secured important victories this year, including at consumer health company Kenvue Inc.

Follow the rules or get towed at the Virginia Beach Oceanfront
Follow the rules or get towed at the Virginia Beach Oceanfront

Yahoo

time34 minutes ago

  • Yahoo

Follow the rules or get towed at the Virginia Beach Oceanfront

VIRGINIA BEACH — July Fourth weekend is one of the busiest times for towing companies in the Virginia Beach resort area. When parking spaces fill up, drivers in desperation bend the rules. But a beachgoer who parks in a retail store lot where signs outlining the rules are posted takes a costly risk. A tow truck driver is waiting in the wings for their car. 'Pay attention to signs,' said Mark Sawyers, operator of Affordable Towing, a Chesapeake-based company that monitors parking lots at the Oceanfront. 'Don't ignore them.' Affordable Towing and other local towing companies have agreements with dozens of private property owners to service their lots. Tow truck drivers can match license plate numbers to a list provided by the property owner or can check for parking permits displayed in vehicle windows. The police department also uses local towing companies to remove vehicles on the street or public property for public safety purposes. 'They dictate the rules; we don't go willy-nilly to properties,' said Brad Volner, owner of Aristocrat Towing and a member of Virginia Beach's Towing Advisory Board. The cost of a tow is $200, plus a daily storage fee ranging from $60 to $100 per 24 hours of storage based on gross vehicle weight. Virginia towing companies can also charge a $20 fuel surcharge for each vehicle towed from private property without the owner's consent. The City Council approved an increase in towing fees in 2023 to help the local towing industry offset the rising cost of equipment and operations. State law allows localities to set limits on towing fees. The council will review the rates later this year. Many tow companies face challenges with staffing because of the gritty nature of the work. 'This is a tough job,' Sawyers said. 'You can make $15 to $17 an hour working at Chick-fil-a saying 'my pleasure,' or you can get screamed at for 10 minutes by somebody that's mad at you.' It can also be dangerous if a car owner becomes enraged about their car being towed, said Mark, a driver for Affordable Towing. He did not want to provide his last name out of fear of retribution given the nature of his job. Mark, 53, has worked in the industry for more than 20 years. 'Everybody thinks we're horrible people,' he said. 'We're just enforcers of the rules. We're the parking lot police.' But his job is commission-based, and he earns 25% from every tow, he said. He sets a personal goal to tow 10 cars a day, though that doesn't always happen. 'It varies, but this time of year if I don't take home $1,500 to $2,000 (a week) I get mad at myself,' he said. 'It's all about hustle, get out here, find the cars and get it done.' In the tow truck business, there's no room for empathy. 'You have to put your heart to the side,' Mark said. 'It's a job, that's all it is. Was the vehicle illegally parked, yes or no.' On a recent afternoon, Mark fired up his company truck and headed to the resort area to make the rounds. The first stop was a private self-pay parking lot at the South End where drivers are required to display a receipt in their window. He jumped out of the driver's seat and walked the lot to check each car. Later, in a residential lot on 36th Street and Atlantic Avenue, he found a car parked without a required permit displayed, hooked it up and hauled it to the company's storage yard on 18th Street. Affordable Towing keeps tabs on its drivers through cameras mounted in the trucks and a vehicle tracking app. The drivers also take photographs of the cars they tow and upload it to a database. Each tow is reported to the city's police department, he said. The city wasn't immediately able to provide data on tow numbers for this year. Virginia Beach's Towing Advisory Board advises the City Council on private and police-directed towing issues. The committee consists of three members: one representative of licensed towing and recovery operators, one representative from local law enforcement and one member of the general public. Affordable Towing has storage lot for impounded cars next to Atlantic Park at the Oceanfront. If a car is towed, the vehicle's owner can come to the office next to the lot to retrieve it. Car owners can dispute a tow if they have information that contradicts the tow truck driver's details. For example, if license plate data is slow to load in the app that the tow truck driver uses to determine which cars have paid to park. 'If it truly ends up being a technical glitch, then we will refund them,' Mark said. If a car owner sees his or her car being towed before it's fully hooked up, they may be able to pay a drop fee of $25. Driver's like Mark work quickly to haul cars away. 'I don't get paid extra to argue with people when they come out and catch me,' he said. 'The point is get the car and get out of there. That's the job.' Stacy Parker, 757-222-5125,

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store