MaRS LegalX and McCarthy Tétrault announce partnership focused on legal innovation

TORONTO, November 3, 2015 – MaRS Discovery District and McCarthy Tétrault, one of Canada’s largest law firms, today announced the launch of a partnership dedicated to legal innovation.

The partnership will enable promising companies from MaRS’ LegalX cluster to pilot their technologies by working with McCarthy Tétrault lawyers across Canada. It will also allow McCarthy Tétrault to further develop its innovative legal solutions with MaRS in order to deliver better outcomes for its clients, and will leverage existing initiatives such as MaRS LegalX’s #LegalLean series and entrepreneurship programs.

“We’re delighted to be partnering with MaRS LegalX and their community of innovators to help bring their ideas to life and further refine our own innovative legal solutions,” said Matthew Peters, McCarthy Tétrault’s National Leader, Markets. “Innovation and collaboration are at the core of the way we work, with each other, with our clients and with our alliances, making this partnership a natural fit. This is an exciting opportunity for us to foster and support innovation, and continue our commitment to new ideas and seeing things differently.”

“This partnership will provide opportunities for interaction among leading startup and new economy businesses, with the domain expertise of McCarthy Tétrault and through its outstanding talent, brand and leadership,” said Aron Solomon, Innovation Lead, MaRS LegalX. “We anticipate outcomes ranging from high-level thought leadership to tactical product, process and market developments. This is a blend of NewLaw scalability with BigLaw prowess in talent and infrastructure.”

Further announcements regarding the partnership are expected in the coming months.

About MaRS Discovery District
MaRS Discovery District (@MaRSDD) in Toronto is the one of the world’s largest urban innovation hubs. MaRS supports promising young ventures tackling key societal challenges in the health, cleantech and ICT sectors. In the last three years, these ventures have raised $1.3 billion in capital and earned $640 million in revenue. In addition to helping startups launch, grow and scale, the MaRS community is dedicated to cross-disciplinary collaboration, commercialization of discoveries and driving ideas to impact.

À propos du Centre de la découverte de MaRS
Le Centre de la découverte MaRS (@MaRSDD) de Toronto est l’un des principaux centres d’innovation en milieu urbain au monde. MaRS appuie les nouvelles entreprises prometteuses qui cherchent à répondre aux grands enjeux de société dans les secteurs de la santé, des technologies propres et des technologies de l’information et de la communication. Au cours des trois dernières années, ces entreprises ont recueilli des capitaux totalisant 1,3 milliard de dollars et généré des revenus de 640 millions de dollars. En plus d’aider les jeunes entreprises à se lancer, à croître et à faire évoluer leurs activités, la communauté de MaRS se consacre à la collaboration interdisciplinaire, à la commercialisation de découvertes et à la concrétisation de projets.

About McCarthy Tétrault
McCarthy Tétrault LLP provides a broad range of legal services, advising on large and complex assignments for Canadian and international interests. The firm has substantial presence in Canada’s major commercial centres and in London, UK.

Built on an integrated approach to the practice of law and delivery of innovative client services, the firm brings its legal talent, industry insight and practice experience to help clients achieve the results that are important to them.

À propos de McCarthy Tétrault
McCarthy Tétrault S.E.N.C.R.L., s.r.l. offre une vaste gamme de services juridiques et fournit des conseils dans le cadre de mandats complexes et d’envergure concernant des intérêts canadiens et internationaux. Le cabinet jouit d’une forte présence dans les principaux centres de commerce du Canada, de même qu’à Londres, au Royaume-Uni.

Fort d’une approche intégrant la pratique juridique et la prestation de services novateurs, le cabinet est en mesure de mobiliser ses compétences, ses connaissances sectorielles et sa vaste expérience du droit pour aider ses clients à atteindre les résultats qui leur importent.

For media enquiries, contact:
Lara Torvi
MaRS Discovery District

Orna Dobner
McCarthy Tétrault