Although a number of organizations have law firms on their retainer, the practice of preventive legal auditing is not yet commonplace, or the competence widespread. Meanwhile, for many entrepreneurial companies, a lawsuit or other legal problem can have catastrophic effects on the continuing viability of the company, not to talk of potentially irreparable brand damage. Forward-thinking organizations therefore conduct legal audits to minimize the possibility of legal issues that may disrupt their companies’ progress.
At Tope Adebayo & Co., we assist companies in laying the groundwork for the establishment of an ongoing legal compliance and prevention program in order to ensure that the company’s strategic intents, relational structure and ongoing operations are consistent with the latest developments in business and corporate law.
The aim of an audit is to prevent huge legal exposure by proactively identifying and eliminating the hidden gaps.