BWL's legal team will review all of your contracts and advise on revisions and amendments needed to existing agreements and prepare any new documentation required.
The purpose of a business legal audit is to assess whether your business and its contracts are relevant, up to date and compliant.
Do you need a legal audit? Ask yourself the following:
- When setting up your business did you consider the pros and cons of its legal status i.e. sole trader, partnership or limited company?
- If you are in a partnership, do you have a partnership agreement?
- If a limited company are the boundaries between director/shareholder roles/rights and responsibilities clear to you and the other directors/members? Do you have a shareholder’s agreement or directors service agreement?
- Does your business have written terms and conditions with clients?
- When were your terms and conditions last reviewed/updated?
- Do they exclude/disclaim liability to the fullest extent permitted?
- If you have staff do they have written employment contracts? Are they up to date and still relevant to the job?
- Do your business use consultants and/or agents? Do you have written terms and conditions governing their roles?
- Is your business up to date with its filings at Companies House? Is company law well known and complied with in regards to calling meetings and passing resolutions?
- Do you have a confidentiality/non-disclosure agreement when working with third parties?
- Have you given any personal guarantees?
- Is your business aware of data protection law?
- Is your intellectual property fully protected? Have you considered patents, trademarks and copyright issues?
These are just some of the questions you need to consider prior to undertaking a business legal audit. BWL Consulting's solicitors are on hand to offer support and guidance to make sure your business is compliant. Call us today to find out more about how we can help, or complete the 'Contact Us' form and we will get back to you as soon as possible.