Why use quality legal documents?

You achieve your business objectives through your commercial agreements.  If you want high quality outcomes, make sure you use high quality documents.

Most “standard” legal documents will not achieve their intended outcome. Why? Because:

  • A large component of legal advice deals with selecting the correct document in the first place. If you start with the wrong “standard” document you will not achieve your desired result – no matter how well drafted the document. For example, a Non-Disclosure Agreement is not an appropriate document to protect your company’s intellectual property from former employees.
  • Most “standard” documents were written before the majority of current tax, investment, corporate, commercial, insolvency and family laws were passed. The changes that have occurred in tax, corporate, insolvency and family law in the past 5 years is unprecedented – and affects almost all legal documentation.
  • Most “standard” documents are not well written. They have not been written with the subtleties of various tax and investment laws in mind. For example, most standard Buy-Sell Deeds trigger a CGT liability when they are first signed, as opposed to when the Exit Event is triggered. Most Partnership Agreements do not take into account the fact that tax laws treat partnership CGT assets differently to other assets. Most standard loan agreements do not properly deal with offsets and the preservation of security.

When implementing our advice we employ our technical skills to provide a document tailored to your circumstance and priorities.

To discuss how we can assist, call us on 1300 654 590 or email us.

The information contained in this post is current at the date of editing – 23 February 2022.

Our Great Lawyer Guarantee

We want to be part of your team over the long term. We'll achieve this by sticking closely to the following principles:

  • We'll listen carefully to understand what you want to achieve. Then we'll thoroughly explain our advice and step you through the documents. You can be sure you'll know the full consequences.
  • Our lawyers work as a team, so someone will always be available to answer your questions, or point you in the right direction. You will also benefit from a range of perspectives and experience.
  • One of our key goals is to pass on as much knowledge as we can, so you can make your own informed decisions. We want to make you truly independent.
  • We only do what we're good at. You can be confident that we know what we're doing and won't pass on the cost of our learning.
  • For advice and documents, we provide a fixed or capped quote so you don’t take price risk. If you're in a dispute, we'll map out the process and costs so you know what to expect.
  • We're not in this game for our egos. We're in it for a front row seat to witness your success.

We measure our success on how efficiently we have facilitated your objectives, enhanced your relationships, and reduced the level of stress for all involved.

If we sound like people you can work with, call us now on 1300 654 590 and speak directly with a great lawyer.