Using document automation

One of the main ways in which our outsourced legal director support service can help our clients is by introducing document automation. We start by taking a strategic look at the client’s business and legal operations. We usually find that there are some legal documents that are particularly significant – maybe because they are used a lot, or because they take up a lot of resources, or both. These might be engagement letters, non-disclosure agreements, asset management agreements, intellectual property licences, and/or employee option agreements. It depends on the particular business.

In many cases, a good solution is to provide automated processes for creating these documents. Typically this involves an online questionnaire that asks all the necessary questions. The software then takes all this information and creates the document. This has many benefits:

Speed – users are usually able to complete the questionnaire in less than ten minutes. Legal documents can be finalised in days rather than weeks.

Ease – users simply enter the required information and the document is produced for them.

Efficiency – the process uses the knowledge already held by tax, accounting and company secretarial teams, so they don’t have to take the time to brief lawyers.

Cost – the documents are provided at a fraction of the typical cost.

Quality – Because the questionnaire takes people through a logical sequence of questions, they are much less likely to make errors and omissions. And the platform is continually maintained, with ongoing feedback from a community of users, as well as from LCN Legal’s experts.

Occasionally, using automation tools is not the best solution. In these cases, we offer a more traditional fully-advised service. We enter into a direct engagement with the client, offering fully tailored legal advice and support that dovetails with accounting and tax advice.

Why work with us?

World-leading
Legal
experts

We are the world-leading experts and educators in intercompany agreements and related corporate structures.

Global and
cross-functional
approach

We liaise with all the stakeholders involved, not just in tax, to ensure that the intercompany agreements and legal structures we maintain support all of the group’s objective.

Ongoing support
to maintain
audit-readiness

We provide an outsourced management service for multinational groups, to ensure that their intercompany agreements are maintained in a tax-audit ready central archive.

LCN take a pragmatic approach to intercompany agreements: documents are written to include the necessary terms but are not overly complex or lengthy for no good reason. The team turn things round quickly and are priced competitively.

Alex Williams, Chief Financial Officer
Axis Spine Technologies Ltd

I worked with Paul Sutton for many years whilst he was at McGrigors / Pinsent Masons, in my role as Group Tax Manager of Sumitomo Electric Wiring Systems (Europe) Ltd (SEWS-E Ltd), and also for a period as SEWS-E Ltd Company Secretary. In this time I had extremely valuable assistance and advice from Paul, not only as regards general corporate law matters, but also particularly across a wide spectrum of legal aspects of SEWS-E Ltd group transfer pricing policies, implementation, inter-group agreements and legal compliance.

Martin L Kinsey, Group Tax Manager
Sumitomo Electric Wiring Systems (Europe) Limited

I have worked with Paul and his team in structuring significant Corporate Debt and have found his approach to be commercial, pragmatic and measured. I would have no hesitation working with Paul again, as we value his commercial and responsive approach.

Joanne Luce, Director
Acqua Trust Company Limited, Jersey

All-Fill Inc, a US based manufacturer of packaging machinery, has had the distinct pleasure of working with Ivan Hanna and the LCN Legal team in relation to our overseas acquisition projects. Ivan has displayed patience and intricate knowledge of English law as it applies to us as a foreign company. Ivan’s counsel has been calculated and sound, together we tailored an approach that is telling of our company’s aggressive nature. I was most impressed at Ivan’s willingness to dig deep into the details and investigate any way to give our side a competitive advantage while negotiating. Ivan has been our guiding light since our initial engagement.

Ryan Edginton, President & CEO
All-Fill Inc

I have been working with Ivan Hanna over the past year on various corporate matters including a group share restructuring project and intercompany agreements for our transfer pricing compliance. Compared to other corporate law firms I have worked with, Ivan took the time to understand our business, our stakeholders and my needs. He was incredibly responsive and went above and beyond to manage our various stakeholders and turn around a big piece of work in a short amount of time. I have no hesitation in recommending Ivan or LCN Legal – they are what all solicitors should be!

Becky Karver, CFO
Deallus Consulting

It is my privilege to recommend Ivan. He is able to process requirements quickly and formulate an effective strategy that protects one’s commercial interests. He is very personable and exceeds expectations. A great lawyer!

Roop Singh Sood, Executive Producer
AKA Filmworks

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