Many people launch a new business with very little help, which also means that they may lack the infrastructural skills required to keep their day-to-day operations resilient. A common example is commercial law, which is something that you will need greater and greater access to as your business grows.
Being connected to a capable and trustworthy commercial and corporate solicitor is an excellent move, as they can get to know about your business and be called on when services are required. This also sets you up for long-term growth whilst remaining compliant, as commercial law and corporate law affect multiple actions that a business may take as it expands.
What does a commercial/corporate solicitor do?
The disciplines and focus areas can be very wide-ranging. As an example, here are some of the areas covered by a commercial solicitor who we work with:
Setting up a new business
Selling and purchasing a business
Selling and purchasing shares
Share buy-backs
Management buy-outs
Group reorganisations
Advice on share ownership, options, allotments and transfers
Guidance on company appointments and removals, documents and procedures
Commercial terms and conditions, including for goods and services
Employment settlement agreements
Other business documents requiring a legal perspective
What else can they help with?
There are all kinds of important issues and infrastructural changes that require the expertise of a commercial solicitor. Some will be anticipated, whereas others could occur due to how your business has evolved over time. Here are some other common examples:
Employment aspects of corporate transactions, including the TUPE regulations
Corporate acquisitions and disposals as part of a team, such as the legal due diligence procedure
Company procedures, including share allotments or transfers and Officer appointment/removals, together with the essential company documentation, such as shareholders’ resolutions, board minutes and reports to Companies House
Drafting and advising on employment contracts and staff handbooks
Carrying out audits of company personnel and HR procedures to ensure compliance with employment legislation
Employment Tribunal claims on behalf of both employers and employees
Implementing employment policies (including conducting disciplinary and grievance procedures), the options available on exiting employment and the entering into of Settlement Agreements for both employers and employees
We recommend Byron Swarbrick
If you’re interested in having a chat with an exceptional solicitor, Byron Swarbrick at James Legal specialises in corporate and commercial law, mergers and acquisitions, and transactional law. Aside from being fantastic at what he does, Byron is also a friendly, patient, understanding and reliable chap who is very easy to work with.
Even if you don’t currently need any legal advice, making the initial connection is highly recommended. Byron will offer confidence and reassurance, which is worth its weight in gold all by itself.
Grow your business
We’re here to help you turn your vision into reality. For more information about business advisory, fill in our contact form and one of our specialists will get back to you right away.
