LEGAL OUTSOURCING SERVICES
NT INTERNATIONAL LAW FIRM is renowned for its legal outsourcing services, which bring together renowned lawyers and experts from various fields of law. As a result, NT INTERNATIONAL LAW FIRM is a one-stop-shop for businesses and organizations seeking comprehensive legal assistance. Recognizing that not all businesses and organizations are equipped to handle the legal challenges that arise during their operations, NT INTERNATIONAL LAW FIRM offers outsourced legal department services to its clients. This service provides regular legal consultation while remaining flexible enough to meet the unique legal and financial needs of each business or organization.
1. What is legal outsourcing?
Legal outsourcing is a service that offers legal consultation to businesses. In this service, the legal department is not situated within the business but is instead hired from an independent consulting unit. The purpose of this service is to assist businesses in resolving legal issues that are related to their business activities. By obtaining advice from an outsourced legal department, businesses can make precise and efficient legal decisions during their operations, while also saving costs compared to having their legal department.
2. The jobs of the outsourced legal departments
The NT INTERNATIONAL LAW team has honed its expertise in providing legal consultation services to various companies over the years. They have developed a comprehensive service package that caters to all the requirements of a business, which includes:
- Offering regular legal advice about business activities during office hours (8:00 a.m. to 5:00 p.m.).
- Reviewing and revising economic and labor contracts that have less than 12 clauses.
- Preparing economic and labor contracts as per the specific requirements with a capacity of less than 12 clauses.
- Facilitating the process of changing business registration.
- Providing guidance and consultation to the company’s management for handling decisions and official dispatches issued by State agencies.
3. When you should employ legal outsourcing services?
Small and medium-sized enterprises play a significant role in Vietnam’s business landscape. Consequently, effectively managing and coordinating legal matters within a business requires more than three personnel. However, establishing an internal legal department can be costly, considering expenses such as salaries, bonuses, and insurance. Additionally, finding and training qualified individuals in this field can be challenging. Moreover, if an employee decides to leave, there is a risk of confidential company documents being leaked.
To address these challenges, legal outsourcing services offer a viable solution. Service providers offer teams of experienced professionals with extensive expertise in the field. These individuals possess high professional qualifications and enjoy a reputable standing within the industry. By leveraging their knowledge and staying updated with legal trends, legal outsourcing services can offer more efficiency and lower operating costs for businesses.
4. Why you should employ legal outsourcing services?
4.1. The advantages of legal outsourcing
Legal outsourcing presents an ideal opportunity for small and medium-sized enterprises to mitigate legal risks effectively. The team of lawyers and legal experts at NT INTERNATIONAL LAW can assist businesses in attaining the following objectives:
- Enhance cost savings and optimize profitability.
- Expedite hard tasks and secure advantageous outcomes for the business.
- Establish a robust organization founded on a stringent legal framework.
4.2. The importance of legal outsourcing
Small-scale businesses require a minimum of three individuals to ensure the efficiency of their legal department and handle complex tasks. However, the expenses associated with workspace, equipment, compensation, and insurance make establishing a separate legal department financially burdensome. Consequently, outsourcing the legal department emerges as the most viable option for small and medium-sized businesses.
In reality, sourcing suitable human resources entails significant time and monetary investments for businesses. Moreover, each time personnel changes occur, it necessitates a transition period and adaptation to new responsibilities. Additionally, small and medium-sized businesses encounter numerous challenges in recruiting high-quality human resources due to their inability to offer competitive salaries compared to larger corporations.
By employing legal outsourcing services, businesses gain access to experienced professionals who have worked with diverse companies. These experts can assist businesses in understanding market trends and provide optimal solutions.
4.3. The disadvantages of the internal legal department (in-house legal counsel)
An internal legal department may not possess the same level of expertise or comprehensive legal knowledge as a law firm. This could be attributed to a lack of sufficient legal budget, inadequate quality of human resources, or a lack of experience.
In intricate cases, businesses still need to engage external corporate legal services. This is because the proficiency of internal human resources may not match that of a professional law office. Consequently, when faced with complex issues, businesses are compelled to seek the assistance of external lawyers.
Internal legal departments are unable to handle all risks due to their limited experience, which is either minimal or relatively inexperienced. By utilizing external legal services, businesses can establish connections with numerous other enterprises, gain insights into common trends, and proactively manage risks.
5. Essential factors for a trustworthy legal service provider
The essential factors for a trustworthy and reliable legal service include:
- The legal service provider must obtain a valid operating license and adhere to all legal regulations.
- The leadership of a legal service provider should consist of highly educated and experienced lawyers.
- The legal staff must undergo extensive training and possess significant experience in the legal industry.
- Legal service providers must prioritize customer satisfaction and strive to meet their needs.
- The service should be professional, flexible, and logical to optimize performance and save time.
- Service prices must be competitive and reasonable.
- Legal service providers should offer various service packages to cater to customers’ needs and provide comprehensive support.
- Legal service providers should be capable of establishing commercial relationships for customers if required.
6. Target clients
Our outsourcing legal services cater to the requirements of companies of all sizes and types.
For large-scale businesses and organizations that have developed an internal legal department, our service serves as a crucial support system, enhancing their legal operations. Through the guidance of our skilled lawyers and highly qualified legal experts, these entities can adopt a proactive approach to conducting commercial business, handling legal disputes, and more. This proactive stance enables them to effectively mitigate numerous legal risks, ensuring smoother operations and management.
For small and medium-sized businesses, the adoption of an outsourced legal service can prove highly advantageous. It not only optimizes operating costs but also effectively promotes benefits in legal matters.
7. Legal fields of NT INTERNATIONAL LAW FIRM
NT INTERNATIONAL LAW FIRM offers expertise in a wide range of legal fields, including:
- Corporate Law: Advising on corporate governance, compliance, mergers, acquisitions, and other corporate matters.
- Intellectual Property Law: Guiding trademarks, patents, copyrights, and intellectual property rights protection.
- Commercial Law: Assisting with commercial contracts, transactions, and dispute resolution.
- Labor Law: Offering counsel on employment contracts, labor disputes, and compliance with labor regulations.
- Import-Export: Advising on import-export regulations, customs procedures, and international trade agreements.
- Investment: Providing legal support for investment activities, including due diligence and investment structuring.
- Banking and Finance: Assisting with banking regulations, finance transactions, and compliance with financial laws.
- Franchising: Advising on franchise agreements, regulatory compliance, and franchise dispute resolution.
- Mergers and Acquisitions (M&A): Supporting clients through the process of mergers, acquisitions, and corporate restructuring.
- Anti-dumping and Trade Defense: Providing legal assistance in anti-dumping investigations, trade disputes, and defense strategies.
With our comprehensive expertise across these legal fields, NT INTERNATIONAL LAW FIRM is well-equipped to offer tailored legal solutions to meet the diverse needs of our clients.
8. Costs
The cost of each service package is not standardized it is contingent upon the consulting package, the complexity of the case, and the scale of the company. For specific pricing information, we encourage you to reach out to us directly.
9. Contact us
Please contact us at NT INTERNATIONAL LAW FIRM through this number +84 902524567 or email: info@ntpartnerlawfirm.com for your case to be discussed thoroughly.
