outsourcing legal services - audit services
Our Legal Outsourcing Services can provide you with a legal audit on your business legal documentation, regulations and authorisations, as well as an assessment on potential business disrupters.
Free Primary Legal Document Audit
Our Primary Legal Document Audit provides you with two hours of an expert audit of your primary legal documentation at no charge. Some laws and regulations may have changed since your incorporation. Our lawyers can assess this documentation to verify your compliance with applicable laws and to establish if any updates are required.
We can audit all your commercial contracts to consider whether you have been afforded sufficient protection and the agreements conform with the laws and regulations. Including lease agreements, employment agreements, service agreements, outsourcing agreements, general terms and conditions, investment management agreements, IP agreements and NDAs.
Authorisation and Affiliation Audit
We can assess your business model and activities to ensure your company is functioning legitimately with all the required business authorisations and affiliations where, for example, your business may require a licence or obligatory insurance for certain activities or may require official registrations and bespoke approvals from certain authorised bodies to function lawfully.
We can audit all your corporate documentation and internal processes to identify whether your corporate governance and risk management needs any amendments or updates.
We can audit your company to identify key disruptive threats so that your business can develop a future business strategy, along with workforce transformations and new ways of working to address these disruptors. Our audit considers –
- A needs analysis to identify what must be done for the business to survive a disruptive future?
- Whether the business is ready and able to quickly adapt to disruptive changes within the market place?
- Whether the business has the right team in place to take the business strategy forward?
- Whether the business incorporates innovation into the strategy which embraces the disruptors while maintaining procedures?
- Whether IT and Internet automation are being quickly and sufficiently integrated into the workplace to maximise productivity, procedures and cost-effectiveness whilst also retaining and motivating your best employees?
What are Disruptive Forces?
Whilst disruptive forces are altering every area of business and society, they are also generating opportunities for frontrunners who embrace these changes to transform their workforce as a tactical response to disruption. We have highlighted seven fundamental disruptive forces for entrepreneurs to consider and apply to their future growth strategies –
- Technology Intelligence: IT has exploded into the ‘Internet of things’ (IoT) to deliver more and more innovative ways of working and with it the need for all employees to be tech-savvy.
- Information: The Internet has driven a gateway to masses of data for its users. Coupled with analytics, this data has become the driving force for market leaders to unlock customer insights to foster growth and overwhelm competitors failing to do the same.
- A ‘cyber-physical world’: IT developments, together with the Internet, have further enhanced the automation of manual tasks to enable market leaders to efficiently use these platforms to run their businesses better, faster and cheaper while keeping pace with consumers’ desires.
- Extended work-life: Technological progress has provided the older workforce with new learning opportunities to embrace high-tech mechanisms and ways of working to make career shifts and extend their work-life span.
- Consulting is the new way of earning: Innumerable talented and specialised professionals have embraced the latest technological developments and the Internet to be their own bosses and consult to businesses for contractual and contingent work with improved productivity, speed and value for money.
- Virtual working: Covid-19 has proven this ‘virtual’ way of working where IT, together with the Internet, have utilised a multitude of online communication channels to enable businesses, employees and contractors to collaborate from any location of their choice. A combination of onsite and ‘virtual’ working has enabled market leaders to provide a better work-life for their employees while improving productivity, turnaround times and cost savings.
- Diversity: It is imperative for businesses to recognise the importance of inclusion and employee empowerment to encourage open dialogue and a consciousness for generational change.