What to Expect From A Manukau Commercial Lawyer
Businesses Need Help From A Manukau Commercial Lawyer
A Manukau commercial lawyer can be a great asset to any business. They can help you with Shareholder Agreements, Employment policies, and Health and Safety laws. They can also handle a variety of other legal matters, depending on the size of your company. However, before you hire a business lawyer, it is important to know what to expect.
Issues to consider when hiring a Manukau commercial lawyer
While hiring a Manukau commercial lawyer, you need to consider several factors. This includes the lawyer’s experience, specialisation, and skills. It is also important to know about the firm’s resources and reputation. This can help you find the best commercial lawyer for your needs.
It is important to hire a lawyer you feel comfortable with and who can explain complex legal issues in a simple manner. Hiring commercial lawyers who only speak in legalese is a waste of time and money as you may not understand the issues that the lawyer is discussing. You should find a commercial lawyer who is able to explain even the most complicated legal issues in layman’s terms.
Shareholder Agreements
You should get a shareholder agreement if you are looking to start a business. These agreements outline the rights, privileges, and obligations of shareholders in the company. This can mean restricting the transfer of shares to anyone outside the business without the consent of the other directors or shareholders. In addition, a Shareholder Agreement will contain details such as the number of shares issued, capitalisation, the names of the shareholders, and their percentage ownership. Often the most important aspect is that they will specify when shareholders can sell or buy shares and can include a provision regarding the payment if the company is sold.
Shareholder agreements must be customised to suit the needs of your business and shareholders. While there are templates available online, they are not designed to take into account the nuances of a business. For this reason, most people prefer to use the services of a local company lawyer.
Employment policies
Employment policies are an extension of employment agreements, providing relevant information about employee rights and responsibilities. They should be recorded in writing and available to staff. Key policies should be communicated during inductions, training sessions, and related assessments. When properly implemented, they will also help employers protect themselves from tribunal claims related to discrimination, sexual harassment, and workplace health and safety.
The policies should also address bullying, which is an extremely serious issue in the workplace. It affects one in three workers in New Zealand, disrupts workplaces, and reduces productivity. An effective bullying policy will clearly set out acceptable behaviours in the workplace.
Health and Safety Laws
When it comes to health and safety laws, business lawyers in Manukau should know who to turn to for advice. Health and safety laws are an important part of the business environment and require a proactive approach by businesses. The new Health and Safety at Work Act puts a greater emphasis on the responsibility of directors and employers. The legislation covers most industries in New Zealand and requires businesses to ensure that they are meeting their obligations to workers.
McVeagh Fleming’s employment team in its Manukau office can handle a range of commercial issues, including health and safety liability
Buying a business
If you’re thinking of buying a business in Manukau, a lawyer can help you understand the legal structure. This can help you avoid unnecessary legal fees and accounting costs. Before signing the purchase contract, it’s essential to ask the seller for key information. Your commercial lawyer in Manuka will advise you, and will often seek these documents from the other party’s lawyers.
If you are selling or selling a business, most lawyers will use the Auckland District Law Society standard Sale and Purchase Agreement. Seeing that it is a standard document, there are no difficult clauses that might get overlooked or be misunderstood. This also saves cost as your lawyer does not have to draw up a specific document for your transaction.
A Local Manukau Commercial Lawyer
McVeagh Fleming is located in the heart of Manukau City so is convenient for local business owners in south Auckland.