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What Is a Legal Audit?
A legal audit is a routine “health” check for your company.
Generally, an experienced commercial lawyer performs legal audits. Your solicitor reviews various aspects of your business to assess the risk and potential for legal problems. A legal audit can identify issues with your company’s structure, management, policies, procedures, and daily operations that could lead to compliance problems and lawsuits.
Staying on top of everything can be difficult, especially when a company grows very quickly. The owner is busy with the daily operations of the business and may be more inclined to pay attention to the financial health of the company instead of its legal health.
Having an experienced commercial lawyer perform a legal audit ensures that your company is legally “healthy”, in addition to being financially successful. Think of conducting a legal audit as taking preventive measures to protect your business by minimizing legal risks.
This audit will review legal aspects of your business, and provide advice on what you need to consider for your business, including:
Terms of Trade
Supplier Agreements
Insurance
Leases
Intellectual Property
Health and Safety
Employment issues
Debt Recovery
Company formation, business structure and governance
Shareholders’ Agreements and Constitutions
Partnership Agreements
Succession Planning
Protecting your assets
We will meet with you, analyse these areas of your business, and provide you a written report for your business. Our meeting can be at your place of work, or at your home, and we can meet during business or after hours.
For more information, call Braden on 021327030, email braden@smlaw.net.nz or book an appointment.
We understand our clients business needs are unique
It is critical to structure your business for success. At Sutcliffe Matson Law, we take the time to understand and clearly identify your objectives as a business owner. We ensure our clients receive practical and sound advice to assist them in all legal matters relating to their business, including:
Legal Audit of a Business
Business Acquisitions & Sales
Company Formations
Partnerships
Financing
Franchising
Shareholders Agreements
Business Restructuring
Due Diligence
Business Acquisitions & Sales
Leases
If you would like to discuss your business legal challenges, we are here to help.