Inside
The firm behind the escrow agent.
42escrow is a service of 42law, a business law firm in Vienna. The escrow agent is not a department of a storage company — he is a practicing lawyer in a firm that negotiates the kind of contract your escrow sits underneath, every week.
- Founded in Vienna
- 2012
- Lawyers
- 8
- Jurisdictions of admission
- 3
- Office, Vienna
- 1
Attorneys at 42law are admitted in Austria, in England & Wales and in the United States.
What the firm does
Venture and equity financing
seed rounds, convertibles, syndicate agreements
M&A and cross-border transactions
Austria/Germany, Austria/US
Corporate governance
shareholder structures, voting and veto architecture
Employee participation
ESOP, phantom shares, founder incentives
Private equity
investor-side advice
Software and technology contracts
licensing, development, escrow
Why that matters for a deposit
- 01
The escrow agreement was written by someone who reads the underlying one.
A deposit is only worth what its trigger events are worth. Ours were drafted by lawyers who negotiate license and support agreements for a living, which is why the catalogue is exhaustive and the release procedure has deadlines in it.
- 02
Professional duties, not service levels.
Confidentiality here is a statutory duty under the Rechtsanwaltsordnung, supervised by the Vienna Bar, backed by mandatory professional liability insurance. None of that is something a customer can be argued out of.
- 03
Independence is the product.
A law firm that acts for one side cannot hold the deposit for both. The conflict rules that make that awkward for us are the same rules that make the arrangement credible for your customer.
How 42law works
Law as an accelerator.
Recommend, don't hedge.
Build, don't fight.
No memos — results.