Legal Process Outsourcing FAQ's

What is 'legal Process Outsourcing'?​

Legal Process Outsourcing is an arrangement where a business outsources its legal functions to us for a fixed fee every month.

 

What type of legal functions does your Firm cover as part of the Legal Process Outsourcing?

We cover legal advisory and compliance services including but not limited to the following:

• Drafting/Reviewing contracts (supplier/vendor/customer contracts, Non-Disclosure Agreements (NDAs), management contracts, etc)

• Employment law advisory (including review and/or drafting employment contracts, providing day-to-day legal advice in respect to employment matters)

• Regulatory compliance (reviewing a business's compliance activities, including PDPA and other statutory compliance matters)

• Dispute resolution support (drafting letter of demands, providing pre-litigation advisory, representing you in legal proceedings)

• M&A support (legal due diligence review, drafting of shares sale and purchase agreements, shareholder agreements)

Depending on your needs and requirements, we will be able to craft a suitable package of legal functions that you wish to outsource and the fees shall be calculated accordingly.

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What are the benefits of engaging your firm for Legal Process Outsourcing?​​

Let's face it. The sure way towards increasing your business's bottomline is by cutting costs. Most businesses would choose to cut costs by removing non-revenue generating functions within the business i.e. legal or compliance functions. However, such removal may improve your profits only for the short run. It would only be a matter of time before poorly drafting/reviewed agreements and non-compliance with laws applicable to your business cause bigger problems in the form of expensive lawsuits or worse, penalties imposed by the authorities! On the other hand, should you decide to set up a dedicated in-house legal team, you may be looking at a monthly commitment in excess of RM50,000.00 (taking into account salaries of the head of legal, his/her associates, admin staff and EPF/SOCSO deductions.)  

By outsourcing your legal and compliance functions to us, you may potentially save 1/3 of the above costs and the trouble of seeking new hires!

Other benefits of engaging us for outsourced legal functions include discounts for any work outside the scope of the agreed legal retainer.

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Who needs to outsource their legal functions?

In our experience, the following types of businesses typically require legal retainer services:

• Businesses in highly regulated industries (Fintech/financial services)

• Manufacturers

• Logistics based businesses

• High growth startups and SMEs

If your business falls under any of the above categories, let's talk and customise an effective legal outsourcing package for you.

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What are your monthly charges like?

The short answer - much lower as compared to establishing and maintaining a dedicated in-house team.

The long answer - it depends on the type and extent of legal services that your business requires on a monthly basis. 

The highest we have charged - RM30,000.00/month; the lowest - RM5,000.00/month

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Wish to obtain a quote for your legal needs or wish to know more about our legal process outsourcing (retainer) packages further?

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Just fill up the form below and we will get back to you within 24 hours.

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Resources - Understanding Legal Retainers in Malaysia: A Comprehensive Guide

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