legal project management and transaction support
Committing the necessary time to get the best results from legal advisers and other professionals can be a distracting challenge for a company’s management. Misunderstandings and communication difficulties can too easily arise, leading to inefficiencies, delays and the risk of mistakes, particularly if English is not the client’s first language or the instructing managers are unfamiliar with the legal landscape.
Through careful planning, we can facilitate legal projects, whether litigation, corporate transactions or reorganisations, or adapting to changes in regulation or relations with third parties. We help clients understand what is involved in change, looking ahead so that otherwise potentially derailing circumstances are properly addressed and do not lead to failure.
Our help in handling legal projects can reduce the likelihood of undesirable outcomes, not only so far as a particular legal matter or project is concerned, but also for the business and budgets.
Because we understand that external legal advice is expensive, we help clients to get the best from their lawyers without having to cut corners. Our close understanding of our clients and insight into external law firms helps to ensure that legal services are delivered to the highest professional standards, are relevant and are carried out cost effectively and by those with the appropriate specialist skills.
Critically, we aim to reduce the time spent by clients’ senior management in dealing with lawyers and other professionals, while also maximising value for legal spending by getting a job done well, on time, within budget and with a minimum of fuss and distraction.
Hand in hand with legal project management is the need to ensure that proper attention to governance and legal oversight is not overlooked. It is only too easy for companies to fall short of best practice when it comes to corporate housekeeping and compliance: it’s an easy corner to cut, assuming it’s not in a blind spot to begin with.
At some point growing/growth-driven clients will wish to raise capital or have significant transactions with third parties; or their shareholders will want to implement exit strategies. A good or poor governance track record will influence the attitudes of third party investors or buyers and may have a direct and material effect on deal value and terms. Weak governance also increases risk and, no less important, is the need to avoid falling afoul of applicable regulation.
We can work alongside a client’s company secretary or act as company secretary ourselves, attend and arrange board meetings, contribute to business decisions or carry out reviews of clients’ procedures.