Legal Exchange - Issue Three

Welcome to the third edition of Legal Exchange. This month, we’ve shared more insights from across our legal departments.

If there’s a topic you’d like us to cover in a future newsletter, please email [email protected] .

Employment Insights

Guidelines for the office Christmas Party

Christmas is a magical and happy time of the year for many and a work Christmas party is an opportunity to spend time with work colleagues and celebrate in a more relaxed setting. However, all too often, the combination of a relaxed atmosphere and too much alcohol brings out the worst in employees, leading to a negative impact on its workers or the company reputation.

Sara Marshall , Associate Partner and Head of our Employment Law team, has written this article with some practical tips to help navigate this festive period, while avoiding any HR headaches.

She has also recorded a video on the topic.

Conveyancing Insights

The importance of exchanging contracts

The exchange of contracts is known to be one of the most important and one of the last steps of the conveyancing transaction. This is where the contracts that are signed by the sellers and buyers are exchanged between the solicitors usually via phone, it is also the point of the transaction where the buyer will be required to transfer the deposit monies over to the solicitors.

Melita M. explains more about the process of exchanging contracts and what it means for the buyer and seller in this blog.

Litigation Insights

Debt Recovery explained

A debt can arise in various circumstances, commonly when a debtor has been issued an invoice for works done or goods supplied, and the invoice is not paid in accordance with the payment terms. It is quite common for a debtor to not engage in correspondence once a debt has become due, which is when it may be necessary to seek legal assistance.

Nieve Frances Jones from our Litigation and Dispute Resolution department explains how the process works in her blog.

Family Law Insights

Cohabitation Agreements: Why unmarried couples need legal protection

In today’s world, many couples choose to live together without getting married. While this arrangement works well for many, it is important to understand the legal and financial risks that can arise without the protections marriage provides. A cohabitation agreement can be a vital safeguard, offering clarity and peace of mind for unmarried couples.

Amina Begum from our Family Law department explains more in this blog.

Commercial Property Insights

Top things to think about before you sign a commercial lease for your business

In a rising market with good commercial property becoming harder to come by on favourable terms, there is a temptation to complete a lease quickly without the benefit of legal advice to avoid losing the property or suffering an increase in the rent.?

So why is it important to obtain proper legal advice before committing yourself to taking a lease of a commercial property and what sorts of things do we look for when advising our clients??Jo Pusey, Associate Partner and Head of our Bespoke and Commercial Property department explains more in this blog.

Corporate Services Insights

Why a shareholders’ agreement is essential for the success of your business.

The roles of Directors and Shareholders are pivotal in the successful running of a business. How Directors and Shareholders operate together has a significant impact on the direction and strategy of the business.

These dynamics underline the importance of a well-structured Shareholders' Agreement – a safeguard that ensures every significant decision benefits from thorough shareholder scrutiny.

For more information please contact Andrea Smith and her team.

Read more here.

Are your supplier contracts costing you money?

How often do you sit down and evaluate the value of your suppliers to ensure that relationship remains key to your success? Or is it easier to just stay with the same suppliers? Prepare a list of all your current suppliers – it may be a lot longer than you think!

Andrea Smith , Partner and Head of our Corporate Services team shares some thought-provoking questions to help ensure your business achieves maximum benefit from your supplier relationships. You can read them here.

If you’d like to speak to a member of the team about any of the topics above or need legal support for your personal or business needs, please get in touch:

Email: [email protected]

Phone: 01908 660966 | 01604 828282

Website: www.franklins-sols.co.uk

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