No. Cake handles the technical migration without requiring your lawyers or accountants to do additional work. You export your current cap table data, Cake's team reconciles every record, and you verify the result before going live. Your legal and finance team can review the final output, but they do not need to manage the migration or learn a new system to complete the move.
One of the most common reasons founders delay switching platforms is concern about involving their legal team. The assumption is that changing where your cap table lives requires attorney sign-off, new documentation, or billable hours. In most cases, that is not how it works.
Your cap table migration to Cake is a transfer of data, not a change to your legal structure. Your option agreements, SAFE terms, and shareholder arrangements all remain as they are. Nothing in the underlying documents changes because you have moved to a new platform. Your attorney does not need to create new agreements or review new terms as part of the migration.
What your attorney or accountant might choose to do: review the reconciled cap table in Cake after migration as part of their normal diligence on your company's records. This is standard practice regardless of which platform you use. Cake makes it straightforward — your records are clean, structured, and exportable in standard formats.
The practical concern from many founders is cost. "If we ask our lawyers to switch things up, is it going to cost us more than just staying?" Cake's migration process is designed so that legal involvement is optional. You can complete the migration without a single billable hour from your legal team.
Cake's migration is free and completed by Cake's team. Your lawyers and accountants can review the final result in Cake before you confirm activation. They do not need to manage the process, learn a new system, or generate new documentation. The cap table arrives clean and structured in a format they can immediately work with.
This article is designed and intended to provide general information in summary form on general topics. The material may not apply to all jurisdictions. The contents do not constitute legal, financial or tax advice. The contents is not intended to be a substitute for such advice and should not be relied upon as such. If you would like to chat with a lawyer, please get in touch and we can introduce you to one of our very friendly legal partners.
