A Legal Health Check can be referred to as a current and comprehensive evaluation of the crucial legal elements of your business. It provides you with several questions that help you understand your legal successes and pitfalls from the point of view of an external expert. This involves a comprehensive diagnostic on legal upkeep, regulation adherence and compliance within your business, and a report highlighting any potential exposure to risk or liability that you might have. The report will define the strength of the business while pointing out ways of improving your legal landscape.
The area of questioning include:
Business Formalisation and Structuring
Director Relationships and Corporate Governance
Fundraising and Financing
Employment and Labour management
Supplier chain stakeholder management