What is Legal Retainer Services for enterprises? Why should you use it?

LEGAL RETAINER SERVICES FOR ENTERPRISES
ESTABLISHING LEGAL DIVISION AT EFFECTIVE COST.

Understanding and promptly grasping legal issues will not only help enterprises avoid unexpected risks but also make use of opportunities to create more competitive advantages. Especially in fields related to contracts, labor, taxes, investment, and trade.

That’s why more and more enterprises are paying attention and coming up with plans to ensure the legality of their businesses. Some enterprises choose to establish their own legal division, others use the services of law firms.

In particular, the use of legal retainer services of law firms is proving to be more suitable for the actual situation thanks to its efficiency, flexibility in work and affordable costs

In this article, PL & Partners would like to introduce readers to legal retainer services and its pros.

*Using legal retainer services helps enterprises save manpower, time and costs.*

WHAT IS LEGAL RETAINER SERVICES?

Legal retainer is a service for which enterprises will pay a periodic fee and the law firm will take on the role of their legal division in return, providing comprehensive legal support.

Previously, this concept was understood as in-house counsel, that is, an employee recruited to do legal work. However, the in-house counsel have some professional limitations, such as the right to litigate in court. Therefore, they mainly only do legal consulting, preparing contracts, etc.

Up to now, the concept of in-house counsel has been understood more broadly. We can understand them as personal lawyers, company lawyers, legal retainer services, legal advisors, etc. Accordingly, enterprises will pay monthly, quarterly or annual fees, on the other side, individuals, organizations or law firms will act as the company’s legal division to handle work.

*Nowadays the concept of in-house counsel has been understood more broadly, which are individuals and law firms provide legal retainer services for enterprises.*

WHY SHOULD YOU USE THE LEGAL RETAINER SERVICES OF LAW FIRMS?

In fact, most of enterprises these days, when needing regular legal support, will choose one of these two forms: establishing a legal division or using legal retainer services of law firms.

In particular, using legal retainer services is proving to have more advantages. Specifically:

1. Being supported by a team of experienced lawyers and attorneys.

Normally each lawyer will have extensive knowledge in certain fields. Meanwhile, the problems that businesses encounter appear in many different areas. Therefore, using the services of a law firm with many lawyers and associates will receive more comprehensive support than hiring personnel.

In addition, the work will be performed by a team of highly qualified, experienced, dedicated, thoughtful and productive lawyers and attorneys.

2. Work is performed flexibly and effectively.

It is thanks to the fact that the issues are resolved by highly qualified and experienced lawyers and attorneys that the work is done effectively. Besides, work shall be handled flexibly depending on the case instead of being processed administratively, which saves time.

Besides, law firms will also meet a variety of clients with many different requirements, thereby helping them form effective working processes. These companies also often contact and work with many agencies, so they will also have more appropriate ways of approaching the problem and working.

3. Design reasonable costs according to job requirements.

The fee for legal retainer services is designed to be flexible depending on the needs of enterprises to ensure that clients receive the best support at the most effective cost.

In fact, opting for external services helps enterprises save cost such as salaries, insurance, benefits, equipment, etc.

*Using legal retainer services helps enterprises receive better legal support and save more cost than setting up a legal division.*

LEGAL RETAINER SERVICES OF PL & PARTNERS LAW FIRM

PL & Partners Law Firm was established in 2012 with full package legal and litigation services.

After nearly 10 years of establishment and development, the company has supported more than 600 business clients, successfully handling thousands of cases.

We are proud to be rated by our clients as one of the most prestigious, dedicated and quality law firms in Ho Chi Minh City.

And one of our key services is legal retainer services for enterprises.

When using legal retainer services, PL & Partners will be responsible for consulting, supporting and handling most legal issues that the enterprise may encounter during its operations.

In addition, when more complex problems arise, enterprises will also receive support from us at preferential charges.