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Austral Group Team
March 1, 2026

MBA students from Tepper School Of Business at Carnegie Mellon University Partner with South African Law Firm

Partnerships between academic institutions and businesses unlock powerful opportunities for mutual growth, enabling organizations to tap into expert insights while offering students meaningful, hands-on experience. For Lay Law, a South African digital legal consultancy, collaborating with Tepper School Of Business at Carnegie Mellon University students came at a pivotal moment in the firm’s development. The engagement provided strategic support while showcasing the value of combining academic rigor with real-world problem-solving.

A Partnership Built on Mutual Opportunity

This collaboration began with a simple LinkedIn message from Maria Henning, our University Content Developer, during the planning phase for Tepper School’s the program in South Africa. Maria reached out to Richard Thompson, founder and legal consultant at Lay Law, inviting him to apply to the university’s consulting initiative. That message sparked a partnership, offering Tepper School students a real-world consulting experience and providing Lay Law with tailored strategic insights.Founded in 2023 in Cape Town, South Africa, Lay Law delivers affordable, efficient legal consultancy services for startups, entrepreneurs, freelancers, and small businesses. While the firm has experienced steady organic growth, it also faces common challenges of bootstrapped ventures: scaling operations, streamlining services, and sharpening its market positioning. For Richard, the collaboration offered more than just support, it was a chance to address those challenges through external expertise and gain fresh, data-driven perspectives.

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Richard Thompson
Founder and Legal Consultant
lay law

Tackling Growth Challenges in a Startup Context

The consulting project, led by a team of Tepper School MBA students, was designed to deliver strategic insights that would support Lay Law’s growth and scalability. The project objectives were thoughtfully crafted, offering a comprehensive and holistic approach to addressing the firm’s key challenges.

Business Structure Analysis

The team evaluated Lay Law’s current sole proprietorship model and assessed the feasibility of transitioning to a Pty Ltd company. Their analysis covered financial implications, legal requirements, operational impact, and outlined the steps necessary for a smooth transition.

Business Model Evaluation

Lay Law’s model, centered on transparent billing and customizable legal services, was analyzed for effectiveness and scalability. The team examined client needs, emerging market trends, and competitive dynamics to identify potential enhancements.

Growth Strategy Development

To support sustainable growth, the students proposed strategies to strengthen market positioning, diversify revenue streams, and refine marketing tactics. A particular focus was placed on leveraging LinkedIn as a powerful tool for professional outreach and brand visibility.

Operational Efficiency Optimization

The team identified key areas for operational improvement, emphasizing the role of technology in streamlining workflows. Their recommendations included implementing productivity tools and process enhancements to improve both internal efficiency and the client experience.

Partnership and Investor Readiness

In preparation for future expansion, the students provided guidance on forming strategic partnerships and created a draft pitch deck for potential investors. These resources positioned Lay Law to engage confidently with partners and funding sources.

From Virtual Collaboration to Real-World Outcomes

The collaboration between Lay Law and the Tepper School student team blended virtual meetings, email exchanges, and an in-person workshop in Cape Town. This hybrid format enabled consistent communication and iterative feedback, ensuring that the final recommendations were both practical and closely aligned with Lay Law’s operational realities.


Reflecting on the experience, founder Richard Thompson shared, “The insights provided have helped me think differently about where to focus my energy to grow the business effectively. The students were collaborative, engaged, and always open to feedback.”  Their recommendations included a competitor pricing analysis, marketing strategies, and ready-to-use templates that added immediate value to the firm.


A standout element of the project was its focus on leveraging technology to scale services. The proposed digital tools not only aligned with Lay Law’s identity as a modern, tech-forward consultancy but also positioned the firm for continued growth in an increasingly digital market landscape.

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Dr. Michael Torres
Professor of International Business

Practical Results and Continued Collaboration

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While Lay Law is still in the early stages of implementing the recommendations, the initial outcomes have been encouraging. The firm has already seen new leads and client engagements as a direct result of strategies developed during the collaboration. Richard Thompson noted that the project also prompted him to address key growth priorities sooner than planned, decisions that may prove pivotal for the firm’s long-term expansion.More importantly, the relationship between Lay Law and the student team has continued beyond the project’s conclusion. They remain connected on LinkedIn, maintaining an ongoing exchange of ideas and support. As these students embark on their professional journeys, they do so with broadened international networks and practical consulting experience.

Academic and Business Synergy

The collaboration between Tepper School’s MBA program and Lay Law in South Africa highlights the impact and value of the university’s international immersion experiences. By engaging students with real-world business challenges, the program fosters practical skills that extend well beyond the classroom. This project showcased how students, equipped with rigorous academic training, can deliver actionable, market-relevant solutions to businesses operating in diverse global contexts.

For Lay Law, the partnership underscored the strategic value of collaborating with academic institutions. The insights generated were not only cost-effective but also thoughtfully tailored to meet the specific needs of a growing startup, providing both immediate value and a roadmap for future development.

South Africa as a Learning Destination

The collaboration also underscores South Africa’s potential as a dynamic destination for academic and professional development. With its thriving entrepreneurial ecosystem and rich cultural diversity, the country offers fertile ground for innovative, real-world projects that challenge and inspire students.For the Tepper School team, this engagement provided a valuable opportunity to explore the complexities of operating in an emerging market, insights that will serve them well in their global careers.In rapidly growing economies like South Africa, companies are eager to engage with student consulting teams. These partnerships often open doors to senior leadership, creating a uniquely immersive and high-impact learning experience.

Unlock the Potential of Academic Collaborations

Collaborations like the one between Tepper School and Lay Law demonstrate the powerful impact of harnessing academic expertise to drive business growth. Whether you represent a university aiming to expand your immersion offerings or a business seeking fresh, actionable insights, these partnerships provide a pathway to meaningful, mutually beneficial outcomes.

Discover how your institution or organization can get involved in similar programs, and unlock new opportunities for innovation, learning, and growth.

Contact our team to learn more and start building your next successful consulting collaboration.

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