The importance of using a corporate lawyer

 

If you are looking for a UK corporate lawyer, also known as a company lawyer, then Contact Law can direct you to an experienced lawyer to handle your corporate matter. We can transfer you to a UK-based corporate lawyer, who can best advise you, whether you require advice on:

  • Starting up a new company
  • Raising new funds
  • Negotiating a business deal
  • Acquisition or sale of a part or whole of a business
  • Insolvency
  • Director’s legal duties

The role of corporate lawyers

Corporate lawyers have expert knowledge in the area of corporate law. Firms dealing with this area of law look at:

  • How companies are formed
  • How company shareholders and employees interact with the company and each other
  • How companies can deal with other companies and their consumers

It is a broad area of law that deals with many legal matters. It is therefore important that if you have a corporate legal matter you would like advice on you find a specialist corporate solicitor to suit your needs.

We can direct you to corporate law firms that are experts in the field with which you require assistance, whether it is:

  • A litigation query
  • Formulation of a new company
  • Drafting of a shareholders’ agreement
  • Having a finance agreement negotiated

Choosing a corporate lawyer

Prior to instructing a corporate lawyer to handle your corporate matter you should consider whether the particular lawyer has expertise and knowledge of your industry area. Gaining the assistance of a lawyer who has these attributes can prove to be an invaluable asset to your business.

A lawyer can use their detailed knowledge and experience in legal workings within your industry to promote your business and ensure you are in the best possible position in a business negotiation.

Buying a business

If you are considering acquiring another business, whether part or whole, there are several ways which you can do this, including:

  • Buying certain assets of the company
  • Buying a majority or all of the shares of the company

A benefit of buying certain assets, known as an ‘asset sale’, is that a buyer is able to cherry-pick the profitable parts of a company, leaving behind the less attractive parts such as debts and any liabilities the company might have.

Which acquisition route you choose will depend on what best suits your company set up and this is something a lawyer can provide detailed advice on.

All kinds of business, from multinational enterprises to small local firms, are subject to corporate law. It is important to work with a solicitor who has experience with your kind of business and can provide workable and business-friendly legal advice. We can refer you to solicitors specialising in corporate law with experience across a range of business sectors and industries, so call us on 0800 1777 162 or complete the web-form above.

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