Why should companies hire legal counsel

Updated on society 2024-06-13
7 answers
  1. Anonymous users2024-02-11

    1. Standardize the company's management behavior, so that the company's management behavior is always within the framework permitted by law;

    2. Standardize the company's business behavior, so that the company's operation will not cause huge losses due to exceeding the upper limit of the law;

    3. Improve the corporate governance structure, many companies do not have a standardized governance structure at the beginning, including the shareholding ratio, equity structure, division of labor at the management level, protection of shareholders' rights and interests, management mode, capital increase or share expansion or reduction of registered capital, etc., and the lawyer improves it from these aspects, so that the company's governance structure meets the realistic requirements of the modern enterprise system and shareholders;

    4. Participate in the signing negotiation, drafting, reviewing and revising the contract, strive for the benefits of the contract, avoid the trap of the contract, and resolve the risk of the contract;

    5. Strive for the interests of the company in special affairs such as corporate restructuring, asset disposal, project mergers and acquisitions, corporate mergers and acquisitions, creditor's rights management, debt management, contract dispute resolution, contract aftermath, employee training, etc.;

    6. Handle litigation affairs;

    7. Complete other tasks assigned by the company.

    Lawyers can provide professional legal services in the above businesses to maximize the interests of the company.

  2. Anonymous users2024-02-10

    Safeguard their legitimate rights and interests and prevent legal risks.

  3. Anonymous users2024-02-09

    Because many daily affairs are related to the law, it is a bit late to find a lawyer when there is a dispute.

  4. Anonymous users2024-02-08

    Reduce enterprise risk points.

    Exclude corporate bleeds.

    There is no dispute in operating in accordance with the law.

    Safe production is assured.

  5. Anonymous users2024-02-07

    Legal analysis: The main roles of legal counsel are: 1. Prevent legal risks that may be encountered by enterprises in the future; 2. Can help deal with the existing problems and risks of the enterprise in a timely manner; 3. It can well promote the standardization and legitimacy of internal management of enterprises; 4. The management cost of the enterprise is low, mainly from the perspective of preventing damage; 5. Decision-making and reference opinions for the management and the board of directors; 6. Serve as the executor of corporate laws and policies; 7. Supporter of enterprise objective management; 8. Assist in risk control and negotiation participation in business contracts; 9. Defender of the self-discipline system of the enterprise; 10. Arbiter of labor disputes within the enterprise; 11. Coordinator of performance and risk; 12. Defender of the legitimate rights and interests of enterprises.

    Legal basis: "Measures for the Administration of Legal Counsel of State-Owned Enterprises" Article 12: Enterprise legal advisers shall perform the following obligations: (1) Abide by national laws, regulations, and relevant provisions, as well as enterprise rules and regulations, and abide by professional ethics and practice discipline; (2) Perform the duties of enterprise legal counsel in accordance with law; (3) Be responsible for the legality of the legal opinions submitted, the legal documents drafted, and other legal affairs handled; (4) Keeping state secrets and enterprise commercial secrets; (5) Other obligations that shall be performed by laws, regulations, rules, and enterprise provisions.

  6. Anonymous users2024-02-06

    Legal analysis: The main roles of legal counsel are: 1. Prevent legal risks that may be encountered by enterprises in the future; 2. Can help deal with the existing problems and risks of the enterprise in a timely manner; 3. It can well promote the standardization and legitimacy of internal management of enterprises; 4. The management cost of the enterprise is low, mainly from the perspective of preventing damage; 5. Decision-making and reference opinions for the management and the board of directors; 6. Serve as the executor of corporate laws and policies; 7. Supporter of enterprise objective management; 8. Assist in risk control and negotiation participation in business contracts; 9. Defender of the self-discipline system of the enterprise; 10. Arbiter of labor disputes within the enterprise; 11. Coordinator of performance and risk; 12. Defender of the legitimate rights and interests of enterprises.

    Legal basis: "Measures for the Administration of Legal Counsel of State-Owned Enterprises" Article 12: Enterprise legal advisers shall perform the following obligations: (1) Abide by national laws, regulations, and relevant provisions, as well as enterprise rules and regulations, and abide by professional ethics and practice discipline; (2) Perform the duties of enterprise legal counsel in accordance with law; (3) Be responsible for the legality of the legal opinions submitted, the legal documents drafted, and other legal affairs handled; (4) Keeping state secrets and enterprise commercial secrets; (5) Other obligations that shall be performed by laws, regulations, rules, and enterprise provisions.

  7. Anonymous users2024-02-05

    Businesses need legal counsel.

    1. All natural persons, legal persons or other organizations engaged in civil and commercial activities need legal counsel.

    2. Legal counsel uses legal knowledge to deal with the acquisition, transfer, transaction, licensing of rights, the conclusion and performance of contracts, business negotiations, etc., 3. On the one hand, legal counsel is hired to prevent legal disputes and reduce disputes.

    On the other hand, make sure to put yourself in the most favorable legal position in the event of a dispute.

    Legal basisArticle 29 of the Lawyers Law of the People's Republic of China.

    Where lawyers serve as legal advisers, they shall provide opinions on relevant legal issues for clients as agreed, draft and review legal documents, participate in litigation, mediation, or arbitration activities, handle other entrusted legal affairs, and preserve the client's lawful rights and interests.

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