Find out how to accelerate your business’s growth - without senior management bottlenecks
Read our guide below, then contact us to learn more about how we can help you:
- Why business growth soaks up senior management time dealing with legal matters
- How leaving the legal challenges of business growth until it’s too late can incur costs, and risks disrupting your growth plans
- How our part-time Legal Directors can save your business valuable senior management time—and money
How an experienced part‑time Legal Director can ease those senior management bottlenecks that slow business growth
Every business knows the problem. When it comes to business growth, too many decisions and actions are the responsibility of a very small number of senior business executives—usually the managing director and the finance director.
From negotiation and monitoring contracts, to compliance and the maintenance of ‘fit-for-purpose’ business processes, business growth involves change. And change almost always has legal implications.
The result: senior business executives spend valuable time thinking through those implications, working with external lawyers—and consequently spend less time on their core responsibilities, and on developing the business and its relationships with key customers and suppliers.
Instead, let one of our part‑time Legal Director help you. With one of our part‑time Legal Directors working as part of your business, you’ll have highly experienced commercial legal expertise on hand whenever you need it. A familiar face, operating as part of your senior management team, helping your business with the legal aspects and implications of business growth.
Below we summarise some of the ways in which we can help you with the legal aspects and implications of business growth, and free-up your senior management team to concentrate on its core responsibilities.
The challenges of business growth
As businesses grow, they change. And those changes—if they are to be executed properly and professionally—call for legal scrutiny. Contracts to be negotiated. Employees recruited. Premises leased. Intellectual property secured, and protected. Compliance ensured. New products and service offerings appropriately cleared for sale. ‘Fit-for-purpose’ business processes put in place, and monitored.
And generally, the burden falls on a small and select group of business managers—perhaps just one or two—who must instruct and liaise with external law firms and solicitors in order to achieve this.
Inevitably—especially for ‘hands on’ entrepreneurial business leaders—this results in those senior executives spending more time with external law firms and solicitors. Time that, frankly, could often be put to better use.
And not just spending more time with external law firms and solicitors: generally, business growth involves spending more money with external law firms and solicitors, as well.
How will The Legal Director work with you on business growth?
There has to be a better way for businesses to handle the challenges of business growth—and with one of our part‑time Legal Directors working alongside your senior management team, there is.
And better, in two specific ways.
First, with one of our part‑time Legal Directors working as part of your business, we take on the burden of dealing with the legal aspects and implications of business growth.
We’ll liaise with your existing external law firms and solicitors, instructing them as appropriate, ensuring that the correct instructions are given, that the price charged is correct and reasonable, and that—most importantly—the key messages are drawn out from the work that they perform for you, and shared with your senior management team and other employees.
In short, as your business grows, you’ll have a part-time Legal Director working alongside you, coming to your office on an agreed number of days each month, and simply dealing with whatever needs to be dealt with. At a stroke, significant amounts of senior management time are saved—and freed-up for more productive use.
Second, The Legal Director’s own legal resources, being regionally-based, are often significantly cheaper than London-based law firms or those based in major cities.
Of course, you’re welcome to retain your existing relationships with your existing external law firms and solicitors. But if required, we can take on the burden of doing the legal work as well—freeing-up senior management time, in other words, but also delivering useful cost savings.
Dealing with problems before they happen
It’s human nature for most senior business leaders to prefer to be ‘hands on’, growing their businesses, and making them more efficient, rather than dealing with legal minutiae.
Equally, most senior business leaders often tend to leave legal minutiae until the last minute—or even, sadly, until it’s too late, and the task in hand is problem resolution, rather than risk avoidance.
But with a part-time Legal Director from The Legal Director in place, working alongside your team, planning for business growth includes the legal aspects and implications of business growth right from the start, meaning that problems either don’t arise, or are anticipated well in advance, so that pre-planned mitigation is ready to be deployed.
How does The Legal Director's advice and approach differ from that of a traditional firm of solicitors/law firm?
The advice you receive from us, certainly in legal terms, we would expect to be much the same as that from a traditional law firm. However, two things in particular make The Legal Director stand apart.
Firstly, we give legal advice from a business perspective. All of our lawyers are highly experienced in business, all of us have worked in industry, and all of us are familiar with the challenges of growing businesses. Indeed, several of our lawyers have run and grown their own businesses.
None of our part-time Legal Directors is the equivalent of the junior lawyer that a legal firm might assign to your case—and yet despite this, our fees are in most cases lower. In all instances, our approach is to provide you with a Legal Director—a familiar face around the table, offering legal advice from a solidly business-friendly perspective.
Secondly, The Legal Director is proactive rather than reactive. Our approach to business growth is to proactively put in place the legal protections, compliance mechanisms, and appropriate contractual terms before problems arise. Rather than helping you to deal with problems after they have occurred—which is too late—we strive to anticipate potential problems and put in place protective mechanisms ahead of time.
The three key areas where one of our part‑time Legal Directors can help your plans for business growth
- We take on the burden of dealing with all the legal aspects and implications of business growth, freeing-up senior management time to focus on what it does best—actually growing the business.
- Working either with your existing external law firms and solicitors, or using our own back office team at The Legal Director, we ensure that the correct instructions are given, that the price charged is appropriate, and that the key messages from the work that they perform for you is shared with your senior management team and other employees.
- We are significantly cheaper than London-based law firms or those based in major cities. The result: better legal advice, legal risks avoided, senior management time freed-up—and cash freed-up through cost savings, to help you fund your business growth plans.
Then call 020 3053 8613 for further information and advice.