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SINGAPORE LEGAL PRACTICE Singapore Legal practice Search … Corporate lawyer Singapore : Three ways to 몭nd a good one January 11, 2022 admin Corporate and Commerial Law, SME Company, Startup Company Corporate lawyer Singapore : Contract Law is the lifeblood behind commerce and is behind every handshake in the board room or any agreement written on a napkin. So you have negotiated a preliminary with your business partner and want to reduce it to writing. This is the time to engage a corporate contract lawyer in Singapore to help you crystalise your business deal into writing. This article will set out 3 things you need to note when engaging a corporate contract lawyer in Singapore for your business transaction. Email Address N e ws le t t e r Signup
By continuing, you accept the privacy policy Elina Sazonova at Pexels #1: WHY SHOULD YOU ENGAGE A CORPORATE LAWYER IN SINGAPORE We have seen cases where business bosses get together and write their own term sheet or memorandum of understanding or agreements and when it goes to court, some of the key commercial terms are struck down as unclear and unenforceable. The owners then relate sheepishly that they thought they could save on legal fees for their business transaction and thought it was clear enough. Subject to budget constraints, a Singapore corporate lawyer should be engaged as early as the term sheet stage of a corporate transaction. This is especially so if your business founding team has no prior experience in deals of a similar nature. A good corporate contract lawyer will be able to highlight key commercial points which are not usual for a transaction of a similar scope/scale and stage of growth. A good corporate contract lawyer is worth his weight in gold as he will be able to highlight key commercial problems that he can see from a term sheet/Memorandum of understanding that may trip you up in the future. This is because most corporate contract lawyers with enough years of practice may be able to see highlight legal issues before they happen due to their experience in the 몭eld. #2: WHEN TO CHOOSE A CORPORATE LAWYER SINGAPORE IN YOUR TRANSACTION/DEAL TIMETABLE? For most business owners, the legal documents should be completed and signed as soon as possible after they feel that they have spent many hours 몭nalising the key commercial parts of the deal. But like the expression says, the devil is in the details of the contract. A good corporate contract lawyer will be able to highlight any key pitfalls in the underlying deal structure of your contract. This analysis is key to whether a deal with break or do really well after the contract is signed from a legal perspective and is a key reason why you need to bring along a good legal adviser when you look at deals.
Maria Orlova at Pexels #3: HOW TO FIND A CORPORATE LAWYER SINGAPORE Looking for a good corporate contract lawyer in Singapore is sometimes quite hard. You need to 몭nd someone who understands the underlying business behind a transaction. Someone deal sauvy and trustworthy. Its also best to 몭nd someone with a masters in business administration to help along with your corporatisation journey. In conclusion, choosing a good and suitable corporate contract lawyer in Singapore is important as it will a몭ect your future growth potential. If your internal structure is not su몭ciently corporatized and structured properly for global expansion from both a 몭nancial, legal perspective and business model perspective, you are setting up your business for failure as you expand. Choose wisely today. http:/ /www.SingaporeLegalPractice.com is a corporate law and commercial law educational website headquartered in Singapore which aims to demystify business law and 新加坡商业法 for SME Company Owners, Startup Founders and 新加坡新移民老板。The information provided on this website does not constitute legal advice. Please obtain speci몭c legal advice from a lawyer before taking any legal action. Although we try our best to ensure the accuracy of the information on this website, you rely on it at your own risk. Click here to signup for our newsletter today to be kept updated on the latest legal developments in Singapore. Click here to speak to a specialist Corporate Law Practitioner today to advise you on your corporate transaction today. The corporate law team has acted for a diversi몭ed client base including transactions involving several hundred startups across the startup eco-system in Singapore and for private equity fund deals and is well placed to help you in your corporate transactions.
Boutique corporate law 몭rm – How do I 몭nd one in Singapore Reverse takeover transaction (反收购交易) – 3 Key Issues to know when structuring a deal on the Singapore Exchange Securities Trading Limited (SGX-ST) SingaporeLegalPractice Comment Policy We welcome nonspam and useful comments. All other comments will be deleted. × Comments for this thread are now closed 0 Comments 1 Login ⥅ Sort by Best This discussion has been closed. ὑ ⚠ ✉ Subscribe Privacy Do Not Sell My Data SUBSCRIBE TO GET SG CORPORATE LAW UPDATES Subscribe to our Free Newsletter today and get Singapore corporate and commercial law updates to help you grow your business. We have tips for SME Owners, Startups, Listed Company Owners and China Business Owners. First name or full name Email Corp Banking M&A/IB PRC Business SG Business Owners Startup
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