Corporate and Commercial
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Expertise
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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...
Unlocking the commercial potential of long-held properties
For property owners in Australia, particularly those who have retained ownership since before 1985, there are significant opportunities to unlock the full potential of their assets. These opportunities stem from capital gains tax (CGT) laws, which introduced sweeping changes in 1985. For properties classified as pre-CGT assets, strategic planning can result in tax-effective realisation of...
Changes to franchising
The Federal Government has recently announced its support for several recommendations made following the 2023 review of the Franchising Code of Conduct. New draft code coming in 2024 A new draft of the Franchising Code will be released later in 2024 and is expected to be implemented from April 2025. The Australian Competition and Consumer...
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...
How do I turn my business into a franchise?
Franchising in Australia Franchising is a popular business model in Australia, where the franchisee buys the rights to operate a business using the name, brand, product and services of an already established business. In return, the franchisor provides resources and support to each of the franchisees. Planning to franchise your business Turning your business into...
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,...
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...