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Consultants are responsible for restructuring and tweaking business strategies to maximize productivity and minimize liability

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Nandini Mukherjee, Special EditorFor every corporate, getting the business off the ground can take need over legal issues, especially ones that don’t appear to be of quick concern. While corporates typically employ in-house advice, they often need extra help during peak workload periods and for projects requiring specialized expertise they lack internally. In such situations, they seek experts with business and legal know-how to help with strategic planning, research and analysis, and employee training. Many small and medium-size businesses don’t have the budget to maintain full-time in-house counsel. For some issues, they engage the services of a law firm. But for others especially when they need specialized advice on
workplace legal issues, such as employee misconduct, unlawful termination and compliance infractions - they often find legal consultants to be more effective.

In any case, brilliant legal planning additionally incorporates preventing issues and ensuring the business is secured against potential trouble by working with a consultant early in the process. Businesses involve several types of legal maneuvers and know-how. While entrepreneurs need to wear different types of hats in order to achieve a level of success, it seems best to leave the more complicated things to the experts. These consultants delve deep into the bonafide business challenges of their clients and help them overcome the same with best suited solutions that are in line with the changing Indian laws and regulatory.

In our current edition, we have identified such able corporate legal consultants assist corporates to educate them on the legal and regulatory requirements and be a partner throughout the entire business lifecycle, offering support to the company at every stage to make sure they are compliant and continually growing. We also recommend you read our cover story BMC Advisors, helping its clients to plan and achieve the best results with vast experience in varied areas of work.
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