in house legal - our service
for your business
In-House Legal services – predictable costs, reduced risk, plans fulfilled.
YouGov interviewed 1,000 SMEs in the UK and found that they are losing an estimated £13.6 billion a year, by failing to tackle legal issues. It is not surprising then that many businesses state they would find it beneficial to have in-house legal counsel embedded in their company to provide strategic commercial advice to avoid risk and help their business grow. However, most SMEs are not large enough, nor have the finances or workload, to justify employing full-time in-house counsel.
THP Solicitors bridge this gap by providing an outsourced legal team to SMEs who do not have their own legal function. This tailored service enables companies to benefit from an ‘outsourced’ in-house legal department that has a deep understanding of their business, the markets in which they operate, and who can respond quickly and constructively as and when required.
Shifting legal advice from reactive to proactive can have a fundamental positive effect to business.
Malcolm specialises in contract and general commercial and business law advice including company sales supporting directors and managers in successfully addressing the issues they face in negotiating and managing contracts and overcoming problems that they confront in their business on a daily basis.
Recent work we have advised on includes:
An in-house legal team tailored for you
For many years we have provided an outsourced in-house legal service to clients in return for a fixed fee, over an agreed term. We take the time to get to know our clients and their business, and can shape their retainer around their current needs and future plans. This makes it easy for our clients to budget for the provision of legal support in advance and periodically scale up or down depending on their requirements.
We help with a range of commercial legal issues and advise to mitigate the risk of typical SME legal problems such as cash flow issues, supply problems, damage to reputation, property matters, staff issues and data security. Our clients have the security of knowing they have access to qualified, experienced lawyers who know their business and who are on hand exactly when needed.
We work with our clients to identify and proactively manage risks and threats which, if not addressed, may cause significant disruption to their current business operations, as well as future plans and strategies.
We are also often used as a ‘sounding board’ enabling management teams to check out issues they are unsure of without the additional expense of instructing external solicitors.
The benefits of an outsourced in-house legal team
There are significant weaknesses to the ‘as and when’ approach to getting legal support. By the time you instruct a solicitor, you may already be at a disadvantage with a legal issue further down the line than it might otherwise have been, or it may have been avoided altogether if you got legal advice earlier e.g. before a contract was signed.
Our close knit and experienced commercial lawyers will work together as an extension of your management team, saving you time and money, providing consistent and quality legal advice, helping you spot opportunities, and reduce risk.
A key benefit of in-house legal support is the development of ‘trusted adviser’ relationship with your solicitor. With that, comes a sense of security for you that your legal adviser already knows you, your business operations, and aspirations well, and that this knowledge will form an integral part of that solicitor’s legal advice and support.
Our outsourced in-house legal services
How we do it
We will agree in advance a retainer fee, with support tailored to your requirements which can bring significant cost efficiencies. Should any one-off legal matters occur that go beyond the planned retainer we will be able to advise you on any additional fees and have specialist legal experts on hand should their skills be required, ensuring that you get the advice you need in a targeted way.
The team can still, if required, advise on individual projects for an agreed fee if at this stage you don’t want to commit to the retainer relationship.
WHAT OUR CLIENTS SAY
Very quickly I realised that there was so much THP could offer and support us with, I wish I had done it sooner. Malcolm has assisted us through many different areas including contract review and rewrite, employment law, legal action, and guidance on a management restructure.
Having the peace of mind that we have a retainer in place makes it much easier to make financial decisions when it comes to legal matters. Previously ad-hoc work meant escalating costs, no consistency as we didn’t have one company or point of contact that understood our business, but worst of all, we wouldn’t always seek professional advice and try to handle it internally.
THP are flexible on how we manage the retainer, and they keep me updated its status. Work is only started once approval is received from myself, including projects that my management team are working on with Malcolm. I have quarterly reviews with Malcolm even if we have no projects outstanding, and he will call me regularly to make sure we are ok. We talk through challenges in the business and how he could best assist us. Malcolm is an extension of our business.
Malcolm always makes himself available, resulting on our business being able to deal with all legal matters in a very efficient and timely manner. In cases where Malcolm has not had the specific legal experience required, he has been quickly able to introduce us to appropriate legal expertise.
The arrangement results in TrustID essentially having the benefits of a “in-house Lawyer” with the support of a local law firm at the cost of a regular, reasonable, and flexible legal retainer that we can predict and budget for.
I would highly recommend this type of arrangement for all small to medium sized enterprises looking for a comprehensive legal advice service that gives a speedy and effective response in return for a reasonable and regular retainer.
Having Malcolm available for advice on contractual commercial and operational issues has always been a huge advantage and hugely reassuring.
His response times and availability are excellent and he is always concluded matters speedily and given us the levels of constructive advice we require.
We have taken the opportunity of recommending him to a number of small and medium sized businesses who are clients of the sporting estate and they too have been very happy with the service.
Sir Edward Dashwood and I are happy to recommend his services.
Within our retainer we also use the services of Malcolm Head at The Head Partnership as general counsel across a wide range of issues and problems that arise with running a small business and an event.
These may include employment issues, dispute resolution with customers, incidents that occur during our event, problems with suppliers etc.
The advice we receive and the ability to call upon Malcolm Head at The Head Partnership’s services when required is absolutely invaluable and the information and guidance is always excellent and delivered in an uncomplicated manner.
Since the company’s establishment, Malcolm has provided the company with in-house commercial legal assistance across the broad spectrum of our requirements, such as review of Non-Disclosure Agreements, development of appropriate Master Service Agreements and other commercial agreements with partners and customers.
Malcolm’s advice has been invaluable as we continue to build our base and, being “pre-revenue”, the simple fee structure has assisted us to have excellent visibility to our cash flow.
Malcolm’s incredibly broad experience has enabled CSignum to deliver high quality agreements with our partners, including government, and all done with the look and feel of a permanent in-house legal team.
Additionally, Malcolm has provided many of our people, most of whom have a technical or engineering background, with valuable commercial training so that everybody looks at the business with fresh “commercial” eyes.