Professional Services

Professional service firms commonly face or are involved in employee related issues, professional negligence claims, shareholder and partnership disputes, and difficulties recovering client payments.

We assist Accountants, Auditors, Solicitors, Insolvency Practitioners, Financial Planners, Architects, Engineers, Surveyors, Valuers and other business consultants, and their clients.

Our professional services clients range from small partnerships to mid-size professional services firms and are typically focused on growth both in terms of partners and revenue, as well as the development and retention of key employees.

Common Issues and Challenges

Common legal issues for professional services businesses include:
  • Managing co-ownership arrangements, including decision-making, profit distribution and partner or shareholder disputes.

  • Successfully managing growth through mergers and acquisitions.

  • Drafting and enforcing effective and complying client service contracts to avoid fee disputes, manage risk, and maximise legal rights when dealing with bad debtors.

  • Compliance with industry-specific laws that govern your profession, for example the Australian Financial Services Licence.

  • Protecting intellectual property, particularly around client lists and branding.

  • Managing employee relations and disputes, including performance management, termination and post-employment restraints.

  • Dealing with client disputes in relation to fees, poor advice or mismanagement.

More Accredited Specialists in Commercial Litigation than 99% of all law firms in NSW.

How We Help: Common Solutions & Strategies

We help professional service providers resolve shareholder and client disputes while ensuring their businesses are protected from future risks:

Dispute Resolution

We provide advice on partnership or shareholder disputes, client payment disputes, and claims of professional negligence. Our approach involves taking careful and detailed instructions to prepare or respond to letters of demand and enforcing Shareholder Agreements and client contracts to protect your business.

Negotiation & Settlements

We work to resolve disputes through negotiation, formalising agreements via Settlement Deeds or Exit Deeds that protect the business and clearly stipulate obligations in relation to releases, restraints and non-disparagement to avoid further problems.

Court Representation

If a commercial settlement is not on the table, we unleash the full force of our talent to diligently pursue favourable outcomes and position our clients to maximise their ability to recover legal costs.

Proactive Legal Solutions

We help you prevent disputes and manage risks by:

  • Drafting and reviewing client Engagement Letters including Terms & Conditions of Service, Shareholder Agreements, Partnership Agreements, Employment Agreements containing enforceable restraints, and Workplace Policies tailored to your business.
  • Undertaking legal due diligence and accurately documenting transactions relating to share sales and subscriptions, admission of new partners, mergers and acquisitions.
  • Drafting complying Division 7A Loan Agreements where shareholders owe money to the company, and Loan & Security Agreements to protect individual owners where monies have been advanced to the company.
  • Advising on and acting in relation to Trade Mark Applications to protect new and existing brands and goodwill.
  • Advising on debt recovery, enforcement of securities and professional negligence claims, ensuring your business recovers payment for services rendered and is protected from liability.
  • Proactive and on-demand legal support and advisory as part of our Virtual In-House Counsel Solution, geared towards businesses experiencing rapid growth and/or executing a strategic project, transformation or restructure.
  • Offering ongoing compliance advice to ensure your practice adheres to industry regulations.

Guide to Making Effective Business Contracts – Professional Services

Standard form contract solutions reduce risks of disputes and bad debtors and empower businesses.

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