Running a business covers the range of legal work needed to set up, operate, grow or wind down a company or other enterprise. It includes advising on company or partnership formation, drafting and negotiating commercial contracts, employment terms, supplier and customer agreements, and data protection compliance; handling regulatory investigations; addressing licensing and permits; and managing business risk, corporate governance, intellectual property, and insolvency when necessary.
What a solicitor handles in these matters
A solicitor working in this area handles the provisions, structures and procedures that enable a business to operate legally and efficiently: drafting and negotiating contracts, guiding company formation and governance, reviewing and advising on employment agreements, handling data protection and privacy issues, advising on competition and consumer law, advising on licensing and regulatory compliance, and supporting restructurings or insolvencies when a business faces distress. They also liaise with counterparties, regulators and lenders to keep commercial activity compliant and properly documented.
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