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How to reduce the risk of litigation
Understanding your legal risk is essential When you’re in business, it’s important to understand your levels of legal risk and how to avoid them. One of the most common areas of risk for any company is contracts. It can be a failure to review a contract properly, or to meet a deadline outlined in the...
Why you need a commercial leasing lawyer
As Brisbane races towards the 2032 Olympic and Paralympic Games, construction in the city is heating up, and a commercial leasing lawyer is more essential than ever. Surging demand for office space in Brisbane New research from Colliers suggests the River City will need an extra 11 towers built to cater for the surge in...
Buying a business in Australia: 3 hidden red flags you can’t afford...
Why buying a business in Australia requires due diligence One of the best financial decisions you can make is buying a business in Australia. After all, it’s a lot less stressful compared to starting a business from the ground up. There is already a set location, trained staff and most importantly, a client base already...
What are disbursements?
Understanding legal expenses in property transactions When you are buying or selling property, there are a range of legal expenses involved. What are disbursements? One of these expenses is called “disbursements” and it covers activities carried out during the conveyancing process, including: Searches – such as title searches, and obtaining certificates from local councils, electricity,...
Building management statement – A developer’s perspective
As a property developer, when should I use a Building Management Statement and how is it to my advantage? This is the second in a series on Building Management Statements (BMS). For general commentary on BMS please refer to our earlier report at the following link Legislative framework The statutory framework for a BMS is...
What is a Building Management Statement?
When is a BMS involved? If your strata title building includes a large commercial component for office or retail, chances are your Body Corporate is a party to a Building Management Statement (BMS). What is a BMS? A BMS is a document used to regulate the relationship between two or more large users of a...
Who should review a contract?
Contracts are part of everyday life In our business and personal lives, we are exchanging contracts all the time. For employment, for homes, for sales, and even for issues like power of attorney. It’s vital that you have a lawyer who understands and specialises in contract law and commercial agreements. Why? To ensure everything has...
How to list your company on the ASX
Going public: A significant milestone Taking your company public is a big leap. It comes with several risks and rewards, and you need expert advice to make sure it comes together. Building your advisory team Firstly, you will need to appoint a team of advisors, which would usually include a lead manager, a lawyer, and...
Things to Consider When Selling Your Small Business
Are you planning on selling your small business soon? It may be hard to sell it quickly if you have no experience in this field. There are many things to consider when doing so, as you’ll want to get fair compensation for what you’ll be trading away. This article will run you through some tips...
Everything you need to know about joint ventures today
A joint venture agreement is a contract between two or more parties who agree to work together to achieve a common goal. The agreement sets out the roles and responsibilities of each party and the terms and conditions under which the joint venture will operate. It is important to have a joint venture agreement in...
What is a patent, and can I get one?
What is a patent, and can I get one? We’ve all heard the expression “that’s a great idea, you should patent it”. But what does getting a patent entail? And are there things that cannot be patented? What is a patent? A patent is legal protection for any device, substance, method, or process that is...
Trademark registration – how to protect your brand
Protecting your brand with a trademark The best way to protect your brand is with a trademark registration. A trademark registration can cover your business name, logo, or even a slogan. With a registered trademark, you will have exclusive rights to those names and images, and the right to use them for the services your...