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Dorda Establishes Digital Industries Group

Dorda Establishes Digital Industries Group

Austria
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Dorda has established a multidisciplinary Digital Industries Group, led by Partner Axel Anderl.

Dorda Attorneys Bernhard Heinzl and Lukas Schmidt will be jointly responsible for the group's management. According to Dorda, the group's core team currently includes 14 IT/IP/Data Protection, Corporate/M&A, Antitrust, Dispute Resolution, and Banking/Finance specialists, as well as several Life Science and Public law experts.

According to Dorda, the group "institutionalizes the cooperation of Dorda's experienced, technology-oriented experts in the digital and technology sector. Constant sharing of know-how will further strengthen the expertise and quality of the group's services, thus creating further synergy effects for clients." In addition to basic legal services such as contract drafting, IT and joint venture projects, outsourcing, digitalization, and transaction support, the firm reports that its Digital Industries Group will also focus on emerging technologies "such as blockchain, AI, machine learning, digital corporate law (tokenizaxeation of shares, participation certificates), supervisory law in the digital age in the financial and insurance sector, FinTechs, and of course start-ups."

"Innovation and ongoing development combined with the use of new technologies are present in all economic sectors," said Axel Anderl. "With the new Digital Industries Group, we offer holistic legal advice in a digital world. Depending on the technology and areas of application, different areas of the law are concerned. However, companies prefer one contact person and a law firm which can offer competence and, above all, experience in all areas."

"In recent years, there has been a significant increase in the demand for specialized and cross-team advice on M&A transactions regarding tech companies," added Lukas Schmidt. "Especially for companies with digital business models, experience has shown that there are numerous legal issues in the transaction area, which require interdisciplinary work. The Digital Industries Group is able to provide direct and smart solutions and thus further increase the quality of our consulting services for clients."

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