When does a business need a corporate and commercial law firm?

Running a business involves many decisions that have a legal side. This can include signing contracts, bringing in investors, buying another company or changing how the business is structured. While some matters may seem straightforward, larger decisions can create legal and financial risks if they are not reviewed properly.

A corporate and commercial law firm can provide legal advice when a business is dealing with these types of decisions.

When should a business seek legal advice?

Businesses do not have to wait until there is a dispute before speaking to a lawyer. Legal advice can be useful before an important transaction takes place.

A company may need corporate and commercial legal support when it is:

• Setting up or restructuring a business

• Entering into a major commercial agreement

• Bringing in new investors

• Buying or selling a business

• Raising debt or equity finance

• Creating a joint venture

• Reviewing shareholder arrangements

• Dealing with regulatory requirements

What can a corporate and commercial law firm help with?

The work can vary depending on the business and the transaction. Corporate lawyers may advise on company structures, shareholder matters, mergers and acquisitions, investments and corporate restructuring.

Commercial legal work can also involve reviewing and negotiating agreements that a business uses with customers, suppliers, partners or other organisations.

Why is legal advice useful during business transactions?

A major transaction can involve several documents, negotiations and legal requirements. For example, raising finance may involve facility agreements, guarantees, debentures or other financing documents.

Having legal advice during the process can help the business understand what it is agreeing to before documents are signed.

The right corporate and commercial law firm should take time to understand the business and the transaction rather than offering advice without considering the wider commercial situation. Connect with trusted lawyers from a reputable corporate and commercial law firm for guidance.