Clarity and mutual understanding are paramount. For businesses engaging in legal services, a Letter of Engagement (LOE) serves as a foundational document that defines the terms and conditions of the professional relationship between a client and a law firm like Jamieson Law. In this article we’ll take a look into what an LOE entails, why […]
Navigating complex transactions and agreements requires careful planning and clear communication. At Jamieson Law, we understand the importance of laying a solid foundation for your business dealings, which is why we often recommend utilising Heads of Terms at the start of your commercial negotiations. What are Heads of Terms? Heads of Terms (HOT’s), sometime also referred
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Setting up a share options pool is a great strategy for companies who want to attract and retain talented employees while aligning their interests with the company’s growth. In this article, we’ll explore three critical considerations to ensure your share options pool is structured effectively. 1 – Legal and regulatory compliance Setting up a share
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When it comes to scaling your business, choosing the right legal structure is a crucial decision that can influence your growth trajectory. The legal structure you select impacts everything from liability and taxation to control and compliance requirements. In this article, we’ll explore the various legal structures available in the UK and help you determine
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T he recent election has ushered in a new Labour government, bringing with it a host of changes that can impact businesses across the UK. A few weeks ago we asked our clients what was most important to them, you can read more about that here. To help you stay ahead and proactively manage these
Navigating the new Labour government: a business checklist for owners Read More »
If you’re considering selling your business or buying one, you’ve likely come across the terms “asset sale” and “share sale.” But what do these terms actually mean, and how do they impact the transaction? Let’s dive into the details to help you understand the difference between an asset sale and a share sale. Asset sale:
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Selling a business is a significant milestone that involves meticulous planning and preparation. Among the most crucial aspects of this process is ensuring you have all the necessary legal documents in place. Having the right documentation ready not only streamlines the sale but also helps you avoid potential legal pitfalls. So what legal documents do
What legal documents do you need to sell your business? Read More »
Due diligence is a critical part of selling your business. It’s a process whereby both parties have the opportunity to provide and receive a clear understanding of the financial, commercial, operational and legal state of a business. If you’re the seller of a business, the terms may require you to stay in your business for
What is due diligence and what’s involved? Read More »
Selling a business is a significant decision, one that requires thorough preparation and careful consideration to make sure that the outcome is both successful and profitable for you. We’ve created 6 key areas that you will need to focus on as you prepare to sell your business: 1. Get your financials in order Often the
Thinking of selling your business? Here’s how to prepare for it Read More »
Economic downturns can pose significant challenges for businesses, but with the right strategies and legal measures in place, you can safeguard your business and navigate through tough times. For business owners in the UK and Ireland, understanding how to protect your business during economic challenges is essential. Diversify revenue streams Why it matters Diversifying your
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