Learn more about Commercial Law Services

Companies, being legal entities, can own property, get into contractual agreements with different parties, sue and be sued. While some companies, especially larger companies, may have legal teams, sometimes it becomes necessary to hire organisations that provide commercial law services. This is necessitated by the fact that the legal teams may not have the expertise to provide all types of legal services to the company.

Learn more about commercial law services.

Who requires commercial law services?

Commercial law services may be required by all types of business from sole proprietorship to limited liability companies. In some instances, these services may be required by individuals especially when getting into contract with companies. Institutions such as schools, colleges and universities may also require these services from time to time.

Circumstances when a company requires commercial law services

Companies may require business law services during contracting of different experts and services providers, incorporating subsidiaries, winding up subsidiaries, in cases when the subsidiaries are being separated from the business to become independent companies, in mergers and acquisition, retrenchment and when being incorporated. In cases when a company is being wound up, legal services are required in order to ensure that the interests of all stakeholders are met or represented.

How to seek business law services

The first step is to identify why you require these services. Once this is done, you require to establish which reputable firms you can work with to successfully deliver the expected results. To choose amongst firms, you may look at their level of specialisation in different commercial law services, their level of experience, their qualifications, registration and their fees. The size of the firm and number of experts available will give you an idea of whether the firm has enough resources to dedicate to your firm.

Once you identify the firm you are most comfortable with, you should approach it and make your case known. If the firm has not conflict of interest and has the resources to dedicate to you, they will take up your case. If not, they will refer you to a firm that will handle your case. However, you have the option to pick any other firm to work with you.

Remember that you will work hand in hand with the firm in order to ensure that the case is decided to your favour. This includes providing them with the documents and information they may require to argue your case. In addition, it is up to you to keep them dedicated to your case by availing any form of compensation as agreed upon.