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Why Your Legal Team Needs To Understand Your Business

Retaining a lawyer can be an expensive line item or a valuable asset to your business depending on who you choose. Many businesses assume that all commercial law firms are much the same and offer a comparable overall understanding of business and the law. However the reality is, experience and expertise vary considerably, from lawyer to lawyer and firm to firm, and not all business lawyers will have the relevant and specific skill set to give your business the best bang for its buck.

 

Taking the time to find a lawyer whose expertise is tailored to your business requirements is much more likely to yield a beneficial long-term business relationship. There are a number of good reasons why.

 

 

  1. Better Legal Protection

 

If your lawyers don’t understand your business they can’t properly protect it. A lawyer’s role is to advise you on how business realities interact with the law, and this requires an in-depth knowledge of your specific business as well as the applicable areas of law. A legal practitioner with experience in your industry will know what questions to ask and will be in the best position to ensure that your legal rights are protected.

 

  1. Better Service

 

Dealing with someone who knows what they are looking at, is much more efficient and thorough. Businesses in specialty fields and industries that are highly regulated benefit immensely from having a lawyer who can field questions on the spot and provide well rounded advice based on practical experience.

 

  1. Quicker turn around and lower fees

 

The more time you have to spend with a lawyer explaining your business, the longer the work will take and the higher your fees will be.  On the other hand, a lawyer who is familiar with your business or industry will not need to spend excessive amounts of time understanding your business or researching specific industry specific laws or regulations. They can cut to the chase and start figuring out how to solve your legal problems.

 

  1. Peace of mind

 

Worrying about potential or actual legal dramas is stressful and unpleasant. However, the peace of mind that comes with the confidence that your lawyer has “got this”, can lift the burden off your shoulders, allowing you to focus on what you do best.

 

 

How can I find a legal team that understands my business?

 

A lawyer with a broad expertise in your industry is a good start. They must also be willing to understand the peculiarities of your particular business, and get to know how you like things done.

 

Once you find a good team stick with them! The longer you spend with your lawyer the better they get to know you and your business. That means better service and lower fees.

 

If you’re looking for a business lawyer, we invite you to chat with us about what expertise and experience we can bring to your business.

 

Read Also:

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  • I have known the principal of the BOSTON Group (Derryn HARRISON) as well as key staff members (including Ben GOWER) for well over 2 decades and have been using their professional services for myself as well as for Powerhouse Logistics Pty. Ltd. on a regular basis, not only in Sydney but on a national basis.

    At all times BOSTON have been extremely pro-active, attentive, courteous and professional with all matters we threw at them. Their advice has always been extremely sound and commercial and I find them to be a "breath of fresh air" within the legal fraternity and have no hesitation whatsoever to highly recommend them.

    Peter Brueckner

    Powerhouse Logistics Pty Ltd (CEO)

  • Expect A Star has worked with The Boston Group for 10 years. In this time we have appreciated the ongoing support of Boston for all of our collection and legal requirements. Like most businesses cashflow is critical to ongoing success and growth, with Boston we have found a partner who are an extension of our business and play a key part in our cashflow management. The Boston Group bring a level of expertise to our business which is valuable and coupled with their excellent customer service we look forward to continuing to work with them for many years to come.

    Ryan Meldrum

    Former CEO

  • I have been using the services of The Boston Group and their legal entity for over 11 years. During this time I have found their service to be impeccable, delivered with the utmost professionalism and integrity. The vast majority of cases that I have placed with Boston were far from straightforward, requiring legal acumen and delicate handling. Having used all methods available without success to procure payment, I confidently placed these matters into their safe hands. In all instances a successful outcome was achieved.

    Mark Parish

    Credit Manager

  • SNP Security has had the pleasure of working with Boston Commercial Services for the past 11 years. Boston has played an integral part in the continuing success of SNP Security’s low DSO’s, 90 Day % Debt & of course Bad Debts Written Off.

    Amanda Griffiths

    National Administration Manager

Boston Commercial Services prides itself in offering specialised, professional services, through a highly experienced team of debt collector, with personalised client attention.