LEGAL LITERACY
Leveraging Law to Increase Shareholder Value
Legal Audits
MJLA Solutions conducts legal audits of business organizations, their specific departments, projects or transactions to review compliance, assess legal strengths and weaknesses, and provide advice and solutions to specific issues.
We understand that businesses experience various life cycles within a dynamic business environment. A good organization is one that anticipates uncertainty and employs a proactive approach to counter any emerging risks and avoidable legal costs. A legal audit helps a business differentiate itself from others in terms of quality of services and products, its reputation and future growth objectives.
Legal imperatives continue to affect the internal organization of the firm, including the choice of business entity and relationships with employees, shareholders, directors, and investors. It also dictates terms of compliance, contracts, taxation, reporting and licensing – all resources that have the potential of providing sustained competitive advantage, whether physical, human or organizational.
A legal audit has vital implications that may help the business sustain growth and overcome hurdles that may not be visible until and unless a legal audit is carried out. Legal audits, therefore, can be compared to defensive laws initiated with discreet prudence and caution to minimize the risk of potentially harmful litigation, such as heavy fines and damaging lawsuits.
Legal audits also provide a proactive approach, leveraging the strategic role of law to enable progress, decrease liability, mitigate unnecessary risks, identify strategic opportunities, initiate differentiation and raise shareholder value.
Legal Training
MJLA Solutions also provides coaching and training sessions to leadership and legal teams of business organizations to equip them with basic understanding of legal issues that may arise in a business context, enabling them to make better decisions and minimize legal risks at every step.
Legal training can be used as a useful business tool to bridge the gap between business and law by translating legal issues in business-friendly language, offering innovative ways to think about legal obligations, liabilities, regulations and compliance issues. Legal training makes the connection between law, business, decision-making psychology, quality management, organizational change, and leadership to show how these disciplines influence the company's legal risk profile. It can be used to provide risk assessments at all organizational levels – from senior leadership and management to employees in specific departments – to ensure uninterrupted objective achievement.
Special Assignments
MJLA Solutions conducts customized services to business organizations with an aim of leveraging law to increase their shareholder value.
