Legal Advisory
Legal Advisory services are gaining popularity in the Indian legal market. Outsourcing of these services has certainly become one of the growing trends in the legal profession. It lightens the workload of the firms and potentially cut costs as well. Due to complex business environment and rapidly changing business norms, companies are exposed to strict compliance needs and face new business challenges.The Startup Trends has deep and rooted knowledge of legal norms and industry standards. Our legal advisory services help our client to remain competitive and compliant in the current market situation. We provide legal advisory services in the genres like legal, tax, and accounting. Our experts will address all aspects of your business and resolve them effectively.
Legal advisory services give assistance to the companies in the lawful matters related to their client activities, industry presence, size and location. Expert team of lawyers that holds sufficient experience in handling issues related to legal compliance, due diligence will serve you proficiently and legally take care of you during mergers, takeover, IPOS etc. Organizations dealing in legal advisory services will examine compliance documents and internal policies to make sure that they are implemented according to the provisions of the law.
Legal Advisor Duties and Responsibilities
To successfully deliver sound counsel to corporate employers, Legal Advisors must be able to complete various tasks. We analyzed job listings and other resources and found the following to be core Legal Advisor duties and responsibilities.
Draft and Negotiate Contracts: From consultant contracts to collaboration agreements, Legal Advisors must be familiar with drawing up and arranging terms of various types of contracts. This responsibility includes reviewing existing contracts and creating new documents.
Ensure Compliance with Corporate Laws: :Legal Advisors must be well-verse in corporate law and review all company practices and processes to make sure that the corporation is working within all federal and state legal limits. This duty requires that Legal Advisors understand all legal regulations pertaining to the specific business in which they are working.
Provide Counsel for Employee and Management Conflicts:: In matters of sexual harassment incidents, labour disputes or other employee relations conflicts, Legal Advisors apply knowledge of relevant laws in helping to resolve these issues. They will collaborate with other departments and meet with employers and employees to review each conflict and provide resolutions.
Benefits of Legal Advisory Services
Legal outsourcing is the best way for companies to manage their complex and time consuming matters. It is an important factor that affects the legal industry immensely. Outsourcing of legal services is done with the motive to avail the benefit of significantly lower costs.
Five key benefits of outsourcing legal advisory services:
Access to Emerging Technology- Outsourcing of legal services gives in-house lawyers access to the latest technology, research tools, and high-end storage services. Moreover, company’s sensitive documents will remain protected and service providers who hold specialization in litigation support will also guide in documentation, document storage and transcription.
Cost-Effective- Outsourcing legal service proves cost-effectively beneficial to the organization. It can lead to huge cost saving, since hiring qualified personnel and investing money and time in training them can turn out to be quite costly. But when you choose to outsource these services you need not spend a single penny on the employee’s training.
Access to Trained Professionals-Obtaining the guidance and help of external professional’s decrease the overall time that you may need to complete a legal process. Indeed, you will experience an improvement in the quality of service. Outsourcing also reduces the workload of in-house employees and manages to fill the gap between internal competencies.
Round-the-Clock-Service- The amalgamation of on-shore and off-shore team members gives the legal organizations a liberty to complete their task within a shorter span of time. For example, the 12-hour time difference between US and India eases the level of operations and reduces the delivery time.
Legal Advisor Skills
Legal advisor is a critical thinker and holds an expertise in managing organizational and problem solving skills. They excel in time management, negotiation, goal-setting and deadlines. Legal advisor must have the ability to work with no supervision. Plus, he has to be a team player who displays leadership skills.
Additionally, a legal advisor demonstrates the following skills:
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Reviewing and creating contracts, agreements and other legal documents
- Negotiating in-house and outside contracts.
- Analyzing corporate policies and practice for adherence to laws and regulations
- Applying knowledge of employment laws to resolve conflicts and ensure compliance
Legal Advisory Services include
Corporate Law
Requests for legal advice regarding foreign investment matters
The incorporation of corporations and companies in their various forms and characteristics
Corporate record maintenance and legal bookkeeping
The drafting and negotiation of NDAs, as well as confidentiality and settlement agreements
The drafting of confidentiality, anti-corruption, and privacy corporate policies
The negotiation and drafting of all kinds of negotiable instruments and credit transactions
Corporate restructuring, conversions, dissolutions, and winding-up procedures
Opening of subsidiaries, and representative and branch offices of foreign companies in any jurisdiction
Corporate regularization
Corporate compliance and risk assessment
Dispute Resolution
- Civil and commercial litigation and arbitration
- Public litigation
- Employment litigation
- Tax litigation
Employment Law
- Employment Law Managing the Increasing Complexity of an Internationally Mobile Workforce
- Individual Employment Law, from hiring to termination, including employment contracts, handbooks, and policies.
- Contingent Workforce, from workforce planning to crafting suitable context, provisions, and policies.
- Transformation of the workforce from consultation to downsizing or right-sizing procedures
- Remuneration and Benefits
- From global stock plans to corporate governance and regulation, including CEO pay ratios, gender pay-gap reporting, and minimum wage compliance, we've got you covered.
Merger & Acquisition
- Sourcing
- Screening
- NDA
- First review
- Due diligence
- Compliance due diligence
- Legal Structuring
- Binding documentation, completion & closing
- Anti-trust filing/merger control clearance
- Post M&A integration
- Capital market compliance
Regulatory Compliance
- Business Integrity and Financial Crime
- Antitrust, Competition, and Trade
- Sanctions
- Financial Services Regulation and Investigations Regulation
- Insurance
- Public law
Real Estate
- Real estate transactions and due diligence
- Ownership restructuring
- Financing and syndication
- Lease and sublease agreements
- Registration services
- Development, building, and planning
- Litigation