Foreign subsidiary in Germany
An international, US-based corporation from the life science sector sells its products in Germany. As the production sites are not located there, it has founded a German legal entity to organize the distribution of sales in Germany and neighboring countries. The turnover in Germany amounts to approx. EURO 80 million. Although a legal department is not required, the corporation is seeking to ensure legal compliance and obtain hands-on advice enabling swift action.
Source Law provides (part-time) legal advice, either at the local headquarters at a defined frequency, or ad-hoc via modern communication channels. At the request of our client, we can establish a legal panel for special matters.
Source Law provides (part-time) legal advice, either being at the local headquarters at a defined frequency, or ad-hoc via modern communication. A legal panel for special matters was built at the client’s wishes.
Legal project management
The shareholder of a company with a legal department (consisting of one legal counsel and one paralegal) decides to seize the opportunity for external growth. The transaction is to be partly financed by way of a credit facility. During the peak phase of the transaction, the legal department’s resources are tied up in day–to–day business. Source Law offers legal support with respect to both legal advice and coordination. This is required for the time-consuming and costly preparation measures of being well-structured and within the budget. Thanks to early involvement and a clear definition of the service packages required, the costs can be kept under control.
Document Management
Following thorough analysis of the company’s requirements, Source Law presents the ideal solution for implementing a state-of-the-art software package. All relevant stakeholders are given the opportunity to discus and scrutinize the recommended software, in order to raise general awareness and promote acceptance of the new solution. The goal of client satisfaction is fully achieved when the new tool proves successful in daily operations and leads to substantial improvements in the company’s document management processes.
Compliance
Source Law supports implementing and enhancing compliance systems, in particular with regard to comprehensive solutions and measurement tools. These may either be reached by implementing international standards such as SOX or by developing individual solutions.
Surprise police inspection (“dawn raid”)
Source Law supports the implementation and enhancement of compliance systems, in particular with regard to comprehensive solutions and measurement tools. These goals are either attained by implementing international standards such as SOX, or by developing individual solutions.
