3 min read

The Future of Atrium

At Atrium, we are on a mission to accelerate the growth of our clients. When we started Atrium two and a half years ago, our idea was to transform the legal industry to become better for both lawyers and founders. For the entrepreneurial lawyers who joined us on this mission, we strived to be a workplace that offered the lifestyle and control missing in big law. For founders, we redefined the relationship they have with their legal counsel by providing fast, transparent, and price-predictable services managed through the most client-centric platform for legal applications.

Through my 15 years in Silicon Valley and with each startup I founded, there were always challenges. Even for Justin.tv, in order for it to become the Twitch you know today, we had to make a very difficult and risky decision at one point to pivot our focus and double down on just 3% of our business – gaming.

Similarly, at Atrium, we’ve made the tough decision to restructure the company to accommodate growth into new business services through our existing professional services network. This change impacts our workforce in a couple of ways.

Our in-house attorneys will shift to have the option to become preferred providers in our professional services network. I want to recognize the dedication and hard work of those who are impacted by this. Their knowledge and investment in Atrium over the past two and a half years is invaluable.

We will keep a small group of partners in-house who will serve our clients with strategic services like financing and M&As, as well as work with our network of vetted and trusted firms to deliver general corporate legal services. This model of collaborating with firms through our professional services network has been an integral part of Atrium’s success to date. The specialists in this network, most staffed by attorneys formerly in big law, share our entrepreneurial spirit to deliver exceptional legal services through our technology platform.

Our legal team is continuing to work on existing client projects, and we will make sure that there is no interruption of service.

What’s Next

In our next phase of growth, we will continue expanding outside of legal services as trusted startup advisors by building a professional services network dedicated to founders.

We will continue to invest in legal and are excited to shortly announce new senior partners. Our partners will work with the specialists in our professional services network to deliver exceptional legal services in a fast and transparent manner.

While building Atrium, something also became greatly apparent: founders trust Atrium for advice on how to grow their business – not only surrounding legal but with questions such as when to hire a sales leader, how to best announce their latest fundraising, how to handle recruiting technical talent in a job seeker’s market, and so many other areas that are important to scaling a startup.

We’ve seen undeniable proof that the needs of our customers go well beyond legal. For example, through our Fundraise Concierge team, we help minimize the frustration of fundraising while maximizing results. We do this by coaching founders — from crafting their narrative and pitch to running an effective process for their business. In just the past year, this has resulted in clients raising over $200M in additional funding.

I love that we’ve seen such great success in sharing our knowledge in this way. This is just one proof point that founders are seeking holistic business services and advice for the key issues they face. Therefore, we plan to continue to deliver startup solutions through our client-centric platform solving the hardest founder problems through customized mentorship, technology, and a concierge program of expert advisors.

startup straight talk

A collection of our most popular blogs in audio format.

  • Just read the book ” This’ll never work” by Netflix Founder – They focused on rental and gave up on the business of selling DVDs which was pretty much 99.99% of their business. These pivots are painful but excellent in long term

  • Decisions to let talented colleagues go are always tough. However, this does seem like a logical piece of the business to focus on and turbocharge, given the evolving space of startup focused legal services and the typical legal needs of founders. Power to you!

  • mm

    Justin Kan is the CEO and co-founder of Atrium with a simple mission to help founders scale their startups through transparent legal services. As a founder of multiple companies and an investor in hundreds more, he started the company after finding his experiences with traditional law firms frustrating. Today, he’s transforming an entire industry by reimagining the delivery of legal services to be client first and founder-friendly. Justin is a leading figure in Silicon Valley who’s best known for co-founding Twitch (originally Justin.tv), which was acquired by Amazon for $1 billion in 2014. Soon after, he joined Y Combinator, the preeminent startup accelerator, as a partner and became a prolific angel investor and mentor to startup founders ever since. In addition to his investor activity, he is a serial entrepreneur who started companies such as Exec, an on-demand errand service (acquired by Handybook in 2014); Socialcam, a mobile app for sharing video (acquired by Autodesk in 2012); and Kiko, the first Ajax web calendar. Outside of his professional accomplishments and experiences, Justin is a huge advocate for living consciously and being holistically, especially emotionally, healthy. He often leads discussions online and in-person about what it means to be a conscious individual and how to bring your whole self in and out of work. Justin is a graduate of Yale University.