Legal Business Council

Areas of Focus:

• Contracts: The backbone of any business relationship, the LBC emphasizes the significance of well-drafted contracts, addressing aspects like terms of trade, delivery, payment conditions, and more, tailored to specific international jurisdictions and their nuances.
• Enforcement: The council addresses the challenges surrounding the enforcement of international contracts, helping businesses understand their rights, the enforceability of agreements, and strategies to ensure compliance by all parties involved.
• Collections: With the complexities of international transactions, the LBC provides expertise on the collections process across borders, offering strategies to mitigate risks, and ensuring businesses can retrieve owed amounts effectively.
• Regulatory Compliance: Beyond contracts, businesses must navigate a sea of regulations when trading internationally. The council offers insights into customs laws, import/export regulations, sanctions, and other regulatory landscapes critical to international trade.
• Jurisdictional Challenges: Operating across borders means dealing with multiple legal systems. The LBC educates businesses about the differences and overlaps, ensuring that they understand where and how their trade activities are regulated.
• Trade Agreements: As countries form alliances and pacts, the LBC keeps businesses informed about the implications of international trade agreements, bilateral and multilateral treaties, and their potential impact on commerce.
• Taxation and Duties: The council sheds light on the often complex tax implications of international trade, including VAT, customs duties, and other levies that can influence the profitability of trade activities.
• Risk Management: The LBC advocates for comprehensive risk assessment and management in international trade, covering aspects from political instabilities to currency fluctuations and providing strategies to safeguard against them.
• Ethical and Sustainable Trade: Beyond legal compliance, the council promotes understanding of the ethical and sustainable standards in international trade, ensuring businesses operate responsibly and garner trust in the global marketplace.
• Networking and Collaboration: Offering a platform for legal professionals, business leaders, and stakeholders, the LBC fosters a collaborative environment where insights, expertise, and best practices are shared.

Outputs of the Business Council:

• Research Reports
• Webinars
• Legislative Recommendations
• Thought-Pieces / Blog Posts
• Participation in Industry Events
• Collation of Industry News
• Mentoring