Outsourcing of legal services – Valen

Contents:

Outsourcing legal services are professional legal support to ensure reliable guarantees of business operation, interaction with contractors and government authorities. Quite a lot of companies in the market use the services of third-party law firms to reduce the burden on their own business. Such law firms take over the management of most corporate documents, control that the firm operates in accordance with the last letter of the law, and may even take on the representation of the client’s interests in court.

For whom are the services relevant? 

• Companies (LLC or JSC). The services of a full-time lawyer are becoming less relevant, since not all companies are ready to create a separate legal unit in the firm. For large organizations, the services of only one lawyer will be irrelevant due to the large document flow and the presence of several types of activities. One lawyer simply may not be able to keep up with the release of more and more new laws. A large number of activities in one company expands the range of documents required for timely consideration. All this complicates the process of solving legal cases for a full-time specialist. 
•  Individual entrepreneur. An individual entrepreneur, due to the presence of small competencies, cannot always competently conduct the business of the company in the legal aspect. To reduce the risks of receiving pre-trial claims or a summons to court, it is advisable to contact an outsourcing specialist.

Lawyers in specialized firms have extensive practice in conducting corporate cases and legal proceedings. They constantly analyze laws, including documents of a narrow focus. Experience and knowledge are necessary to provide support:

• Budget organizations.
• Non-profit organizations (NGOs).
• Newly registered companies.
• ompanies with a small staff of lawyers, but big legal problems.
• Organizations that are just about to enter the market.

What is included in the outsourcing of legal services:

• Conducting oral and written consultations. 
• Preparation of documents. 
• Legal examination of documents.
• Assessment of the prospects for litigation.
• Representing the customer’s interests during negotiations with intermediaries or partners.
• Representation of the company’s interests in public and private institutions.
• Representing the interests of the organization during pre-trial proceedings and in court, as well as monitoring the execution of judicial proceedings.
• Accounting and tax support.
• Protection of the interests of the organization in case of labor disputes.
• Participation in accident investigations during the work process.
• Development of an internal regulatory framework.
• Analysis of counterparty companies and transactions with them.
• Identification of risks in various transactions.
• Setting recommendations for making various transactions.
• Control over the correct execution of transactions – within the framework of the concluded agreement.
• Registration of real estate transactions, including land plots.
• Support of the procedure of opening, reorganization and liquidation of a legal entity.
• Support of the client at all stages of the bankruptcy procedure.

The cost of outsourcing legal services to businesses.

The price of specialist services is based on the following factors: 

• The type of service performed.
• The number of specialists involved.
• The need to participate in court proceedings.
• The need for business trips.
• The legal sphere where the problem arose.

Advantages of outsourcing legal services for business.

• Efficiency. Law firms that have been working in the field of consulting for several years respond promptly to any questions and difficulties of clients.
• Confidentiality. After signing all the necessary documents, the law firm has no right to disclose information to third parties. This applies to legal and commercial information. All documents that are received by the company and sent to the client are strictly checked. There is no possibility that the information may become known to competitors or any other persons. This information is considered confidential.
• Professionalism. All employees of law firms have qualifications, experience and a desire to provide high-quality assistance to the client.
• Reduction of tax and other expenses. The cost of a lawyer’s work includes the salary of a specialist and other expenses. 
• Uninterrupted operation. Employees of law firms always stay in touch at a convenient time for the client to solve the most urgent and important issues. 

Conclusion

Legal entities are increasingly turning to the services of outsourcing law firms for effective management of legal issues. This approach gives businesses the opportunity to concentrate on their core business, transferring legal responsibilities to professionals and reducing the risk of error. Cooperation with external law firms allows to reduce operating costs, since there is no need to maintain a full-fledged internal legal department.

In addition to expertise, outsourcing the services of law firms also helps to increase the flexibility of the enterprise. Companies can easily scale their need for legal support depending on current tasks and projects, avoiding unnecessary financial obligations.

As mentioned above, an important aspect of cooperation is also the reduction of risks associated with legal disputes and unforeseen situations. Outsourcing law firms strive to provide comprehensive and up-to-date advice, helping clients comply with laws and regulations, which helps to prevent possible legal problems.

In general, outsourcing the services of law firms is a strategically important step for enterprises, allowing them to effectively manage legal issues, focus on business processes and minimize risks.