Industry-specific expertise built around platforms
Digital businesses operate in fast growing markets. The law is often lagging behind and in construction. Parallel’s aim is to reconcile economic growth and legal certainty.
Parallel is constantly deepening its knowledge of the economic impact of platforms in various sectors. Our methodology combines precise knowledge of the law and focus on efficiency in order to deliver the best advice to our clients. Parallel’s ancient and constant integration in the French digital ecosystem (La French Tech) enables us to connect our clients with potential business partners or funders.
Parallel uses its knowledge of contract, tort and digital regulations in order to help the client build the legal and contractual structure that best reflects his business model.
We advise our clients before and after a change in their daily operations and help them anticipate their legal environment
Parallel is a partner for investors who need a regulatory legal opinion during their investment process. Our goal is to ensure that investors have a clear and precise view of the regulatory environment of their investment targets.
We built “WeCertify”, a strong compliance practice helping our clients to adapt to new rules and regulations. WeCertify consists in explaining the new rules, conducting a gap analysis and helping our clients adapt their product accordingly.
Parallel is fully integrated in the French digital ecosystem. Our recognized expertise is regularly sollicited by French institutions working on a reform of the French digital and platform legal framework. We have a vision and we share it.
Parallel assists and represents its clients in various civil, regulatory or criminal proceedings concerning their business model, such as the French Data Protection Office, the French Competition Authority or the French Public Prosecutor.
Platform to business relationships are at the heart of regulatory focus and a growing cause of litigation. Rules governing B to B relationships are a key body of law in order to mitigate the commercial risks affecting a marketplace business.
A French and European platform law is emerging. Mastering these new rules is key.
Many platforms are labor intensive. It is key to understand the French rules governing the requalification of freelance contracts in employment contracts as well as concealed work issues.
Consumer protection rules have a strong impact on the business operations of platforms and marketplaces and need to be taken into account when preparing business decisions.
Most platform business offer a payment solution, which requires specific attention to rules governing financial flows and transaction management under French law.
The French transportation code is a major burden for every business having an impact on the mobility of person or on the mobility of goods.
Contracts are naturally at the heart of platform and marketplace business models. It is essential to understand the multipartite contractual relationships which form the heart of digital intermediation.
The tax implications of the users’ transactions as well as the fiscal duties of platform users are at the heart of digital businesses’ preoccupations.
Digital businesses are the first impacted by French and European (GDPR) privacy rules. Mastering these rules and using them efficiently is a key asset for businesses operating in France and Europe.
Determining the correct level of responsibility a platform is ready to endorse is important, especially when anticipating eventual accidents or unfair competition claims.
Lawyers at Parallel have a strong experience in platform business litigation in all its aspects, from commercial litigation to criminal proceedings, including administrative proceedings initiated by regulatory bodies.
Many digital businesses operate in sectors impacting regulated professions. A particular attention thus needs to be given to those specific and sectorial rules which often have criminal liability implications for platforms.
Mobility of persons and mobility of goods are revolutionized by new uses and models such as ridesharing, on-demand transportation, logistic challenges and artificial intelligence.
Both traditional retail models as well as peer-to-peer sale models have been deeply impacted by digital platforms. E-Commerce is now a mature sector of the digital revolution.
FUTURE OF WORK
Work is in full transformation. Many actors, in particular platforms, are promoting jobbing and freelancing models, be it in mass markets or in specific sectors.
Even heavily regulated and traditional sectors such as insurance are deeply changed by the rise of new ways of distributing insurance and peer-to-peer insurance models.
Traveling is nothing like it was 20 years ago. New ways of finding accommodation (via peer-to-peer platforms) and new services (such as digital butler services) have changed the way individuals and business organize their travels and changed the distribution of value in the tourism sector.
Finance is facing a strong movement towards disintermediation and new services are changing the way one communicates with his bank, finances his projects (crowdfunding) or pays his groceries (mobile payments).
Digital platforms are currently expanding in the real estate world, offering new ways of investing into property, financing an acquisition or valuing and maintaining buildings.
Media are not spared by digital transformation, be it concerning the way information is shared (collaborative media) or the way it is produced and broadcasted (crowd-based journalism).
This new technology enables storage and exchange of information in a secure manner without any controlling body. Ensuring the legal safety of such businesses is fundamental (e.g. keeping in mind the new French rules on Initial Coin Offerings).
Restaurants and catering businesses are strongly impacted by platforms facilitating peer-to-peer food preparation and exchange, food delivery as well as daily food supply for businesses.
The health sector has initiated its digital transformation, thanks to innovative business changing the way one finds a health professional or specialized help.
The legal world is in full mutation. The impact is both scientific (with new open legal databases or predictive justice platforms) and processual (platforms facilitating litigation, legal red tape or lawsuit financing).