Commercial Legal Audit

Herrington Carmichael is a full service law firm offering legal advice to UK and international businesses as well as individuals and families.
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Commercial Legal Audit

Legal Audit

In the fast-paced business environment, a company may experience challenges which could ultimately lead to legal risk. This may be caused by a number of different factors, including not having the right contracts in place, not following best practice when it comes to use of your terms and conditions or not having or following the necessary legal policies.

The result could end up exposing the company to financial risk such as fines for non-compliance, damages for breach of contract or damages claims. We, at Herrington Carmichael LLP, (recently named as one of The Times’ Best Law Firms 2023) offer legal advice to UK and international businesses as well as individuals and have experienced commercial and compliance lawyers that provide a combination of legal expertise and pragmatic commercial awareness. With our wealth of experience and specialists in these areas of law, we are pleased to offer a new product to existing and new clients alike: a commercial legal audit as a solution to the risks identified above.

Outsourcing a commercial legal audit to a specialist firm of solicitors is a cost-effective mechanism for a business to review its core contracts and policies, without the business having to allocate vast resources and time to conduct the audit itself.

We can help your business by conducting a commercial legal audit on your behalf. If you would like to discuss this further or would like more information, please contact us to speak to a member of our Commercial Team

What’s included in our legal audit?

  • Scheduling an introductory call to understand your business in more detail.
  • Issuing a questionnaire to be completed by you to identify key areas to address.
  • Reviewing completed questionnaire and supporting documentation.
  • Further call to answer queries identified in questionnaire.
  • Advising, preparing and drafting a high-level report on the findings of the audit.
  • Full retainer and scope will be provided on request.

What are the benefits of a Commercial Audit?

Cost savings Make savings by reviewing terms of your key contracts and reviewing or streamlining certain policies. As the saying goes, an ounce of prevention is worth a pound of cure.

Improve business By identifying legal blind spots and implementing workarounds leads to smart working.

Reduce risk Identify legal risk in a business, then actions can be implemented to reduce exposure to financial risk such as fines for non-compliance, damages for breach or damages from claimants.

Key contact

Mark Chapman PNG
Mark Chapman
General Counsel, Head of Commercial & Regulatory

What our clients say about us

We were very happy with our service. Being first-time buyers and brand new to the property world, Annari & Mary-Jayne relieved all of our worries and made our journey very stress-free and relatively easy. Thank you.

We received excellent support in reviewing and modifying our Wills to our latest needs. The communication has always been straightforward and very effective and we achieved the objectives we set at the beginning of the process. Strong expertise and legal knowledge have been key to the successful completion.

It was a very straightforward process & Charlotte explained everything clearly to us in a very friendly way & answered any queries we had. It was a pleasure to have her deal with this matter, and I would certainly come to your firm of solicitors on that basis. Thank you so much.

Paul provided calm, helpful, constructive and thorough advice on my matter and I will be in touch again to progress.

Aadil has been representing my son through a very challenging child custody/recovery case. His help and knowledge has been fantastic. He went above and beyond working on his day off too make sure court papers were delivered on time. I wouldn't hesitate to recommend Aadil.

I just wanted to write a huge thank you for all your help and support during my recent divorce proceedings There were times when it seemed things would never get resolved but thankfully with your guidance everything went relatively smoothly in the end.

Annari is an excellent Solicitor. We have always used her services for all of our property conveyancing jobs. She is a valuable asset to your company.

We had the pleasure of working with Annari on buying our very first house. We would like to take this opportunity to let you know how efficient Annari was throughout the entire process. Annari really helped to make buying our first home an easy process! She absolutely went above and beyond her call of duty.

The service we received was exceptional. We were always updated and Annari would answer any questions I had immediately. Keep doing what you do Annari. Thank you so much for everything, and Amy too.

Thanks again, we’ve always felt in good hands. It is for this reason we’d highly recommend Herrington Carmichael and especially Annari.

Annari is an excellent Solicitor. We have always used her services for all of our property conveyancing jobs. She is a valuable asset to your company.

We had the pleasure of working with Annari on buying our very first house. We would like to take this opportunity to let you know how efficient Annari was throughout the enitre process. Annari really helped to make buying our first home an easy process! She absolutely went above and beyond her call of duty.

Both Holly Bray & Jessica Brooke were fantastic from start to finish on the purchase of my new build property. Nothing was an issues for them and I didn’t need to chase them for anything at all. I was kept well informed all the way through the process to completion and everything was dealt with in a very pleasant and professional manner. I would happily recommend Herrington Carmichael to anyone looking for a conveyancer for the purchase of their property. 5 stars.

From start to finish Herrington Carmichael staff have been excellent. Communication has been second to none and cannot fault them for everything. Would not hesitate to recommend them to anyone looking for a reliable, friendly and very efficient service.

Being first time buyer, Holly was very helpful in explaining the process and expediting all the things. Thank you very much for quick process.

Professional service, nice communication, I would have no hesitation in recommending and will be using them again in the near future.

They were super helpful, very efficient and had timely communication. I would use them again and recommend them to friends and family.

Laura and Amy have both been fantastic throughout the whole process. Both were very patient with any questions we had. Everything was made easy for us, making our first house purchase painless and enjoyable. We will certainly be using your company again. Thank you all so much.

Madelyn was always helpful, kind & supportive throughout.

Madelyn Wellstead is a fantastic Senior Apprentice Solicitor who worked on a family law case involving myself and my son. During her time working on my case she was extremely professional and supportive throughout. My case was a very complex case and had alot of ups and downs but Madelyn at all times kept Me informed and up to date. I would highly recommend her as very competent and very knowledgeable and an over all very nice decent person.

Over the past few months Nicole Miller, a Legal Director in Herrington Carmichael’s Private Wealth and Inheritance Department, has provided outstanding service in creating a trust for our family. From the outset, Nicole was professional, knowledgeable, and incredibly reassuring, guiding us through what could have been a complex process with clarity and patience. She took the time to understand our circumstances fully and explained everything in straightforward terms, ensuring we felt confident at every stage.

Nicole’s expertise, attention to detail, and responsive communication gave us complete peace of mind. She handled our matter with both precision and genuine care, making us feel that our family’s interests were truly valued. We are extremely grateful for her support and would wholeheartedly recommend her to anyone seeking expert and compassionate private wealth advice.

Considering the mess I was in when I first met you, I’ve managed to stay intact and that’s mostly down to your advice keeping me on the straight and narrow. For that I will always be grateful.

I just wanted to write a huge thank you for all your help and support during my recent divorce proceedings. There were times when it seemed things would never get resolved but thankfully with your guidance everything went relatively smoothly in the end.

What a joy to deal with a personable, on the ball and helpful individual! You do your organisation a great service helping clients now during Covid as you are, and I would not think twice about using your services in the future. Thank you for being you and going the extra mile!

Throughout the whole process, Roisin acted quickly on all aspects, was easy to get hold of, responded with pace and communicated fantastically, always finding effective ways to translate complex legal jargon into layman’s terms. Roisin is clearly operates at the top-end of her profession and as such, is someone I would wholeheartedly recommend.

I opted to use Roisin at Herrington-Carmichael to support with my purchase & sale as a result of her personable manner. Roisin made me feel that she had my best interests at heart and that I wouldn’t be just another transaction. Roisin more than lived up to my first impression, in fact I attribute the successful completion of my sale and purchase – which all but fell-through at the eleventh hour – to her tenacity, expertise and willingness to go above and beyond.

It’s been a pleasure working with you on my new venture. Your tenacious professional approach to the task in hand, has been refreshingly inspiring to say the least.

Sarah and her team have made this difficult time much better by the way they dealt with my case. The process was straightforward and i would use Sarah again without hesitation.

Sarah was very thorough, extremely knowledgeable but remained personable throughout making me feel at ease when needed.

Thank you again for all your help with what I have been through over the last year and a half. You gave me the confidence and belief to get through what has been the toughest time in my life. (You’ve got this) Thank you.

I can't thank Aadil and Madelyn enough for what they did for me in such a short space of time. I had previously used Aadil and didn't hesitate to contact him again regarding the issue I had.

Aadil has been representing my son through a very challenging child custody/recovery case. His help and knowledge has been fantastic. He went above and beyond working on his day off to make sure court papers were delivered on time. I wouldn't hesitate to recommend Aadil.

I can honestly say that i have never received such good service from a solicitor ( and I’ve bought and sold many houses!!) as I have from Leo. He has been so professional, responsive and pro-active - it has made a huge difference to us during this process. I do hope that you recognise him for such good service and advice. Many thanks to all.

I have had the pleasure of working with Liz on several complex property purchases, including overseas based companies and legal opinions, commercial leases analysis, building contracts assignments and collateral warranties. On each occasion, Liz has acted promptly, kept me appraised of the progress and demonstrated excellent commercial awareness and professionalism in dealing with client’s solicitors, in order to meet tight completion deadlines. I have no hesitation in recommending Liz for all property related legal matters.

I also would like to specifically recognise Rachel Duncan, Partner Real Estate, for her outstanding support. Her expertise in real estate, particularly within the housing sector, has been exceptional. She provided clear, pragmatic advice on a complex matter, helping us navigate potential disputes and avoid unnecessary costs.....Her practical, solution-focused approach, combined with her responsiveness and professionalism, made a significant difference. She is a real asset to the firm.

The property team have been diligent, timely and highly responsive. This has allowed us to focus on our developments knowing that the matter is in capable hands.

I am delighted with the level of service and advice I got from Rachel. I felt in a safe pair of hands which took the stress out of negotiating the lease with our new landlord. It allowed me to focus on the fit out of our larger office.

She has always been extremely knowledgeable and professional, providing fantastic support and skill across all property transactions.

Thanks for all your help with the finalising the renewal lease for our tenant company in Ottershaw. You ensured that the process went smoothly and we were able to discuss various aspects of the renewal and decide which factors were relevant to this transaction and which ones were optional.

We used Herrington Carmichael to assist with a neighbour dispute regarding trespassing. With Daniel’s support, we were able to achieve our desired outcome in a timely manner. Daniel was approachable, clear in his communication and instructions, and provided us with well-informed advice on the best options for resolution. All communication was transparent, and any costs incurred were clearly explained in advance before work was undertaken. We would not hesitate to use Herrington Carmichael again for any future legal services and would definitely recommend them to others.

Professional, informative and would recommend.

Thank you so much, Thomas, for your hard work, persistence and patience throughout the process of getting the required documentation over the line by the deadline. It certainly was a challenging and frustrating time with quite a few obstacles thrown in our way, but your determination got us there.

I would love to start by saying our experience with Herrington Carmichael has been amazing from start to finish, and I would highly recommend the firm. Thomas Joucan was absolutely brilliant, and I couldn’t be any happier with his professionalism and absolute integrity, with such speedy replies and getting all aspects of our purchase and sale tied in seamlessly. Without doubt a brilliant, honest and professional solicitor with a big future ahead.

Tim Hardesty is our residential development lawyer. He is a good lawyer and has offered very sound advice. He is able to provide advice on land purchasing, planning, SDLT and issues that impact on the land buying process. What I like about Tim is that he doesn’t use legal jargon and has a common-sense approach to land buying. He is proactive in getting deals done and, importantly from my perspective, doesn’t hold deals up over unimportant legal points. He is also very personable, and well known and liked by other professionals.

We've had a great experience with Herrington Carmichael when buying our first house! All of this was completely new to us and they made sure the process was smooth and easy! Lisa has been amazing and was a recommendation from some other family members who have used her in the past. Thanks again.

I have thoroughly enjoyed working with you. Your professional advice, responsiveness and straightforward approach have been invaluable.

I recently had the pleasure of working with Herrington Carmichael and I can't express how grateful I am for their support and expertise. From our very first interaction, they made me feel valued and understood my needs. Their professionalism and attention to detail were evident in every step of the process. The team was always available to answer my questions and provided clear explanations of the legal jargon, which made everything much more manageable. They navigated the complexities of my purchase with such skill and care, ensuring that I was informed and comfortable at every stage. It was clear that they were committed to achieving the quick turn around from agreement to completion, and their hard work truly made a difference. I could not have asked for a better solicitors in what could have been a stressful experience. I highly recommend Herrington Carmichael to anyone in need of legal services. Their dedication and proficiency are unparalleled, and I am incredibly thankful for the support they provided. Thank you for making this journey so positive!

It was a pleasure working with Liz and Hannah on this transaction, securing crucial funding for an iconic hotel in South Devon. The communication and commercial guidance from Liz, Hannah and the wider Herrington Carmichael team was first rate throughout. I would not hesitate in recommending them for future transactions and look forward to working with the team again soon.

Dealing with Hannah was very easy. She was very helpful and professional.

Absolutely spot on - well done. I cannot be more thankful to all of you for being extremely helpful and professional right from day one. Special thanks to Hannah for getting everything sorted out at the last minute. Thank you for the excellent service and helping us out at every stage of our first house purchase. You will always be remembered!

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Meet our experts

Dedicated professionals ready to assist you.

Mark Chapman PNG
Mark Chapman
General Counsel, Head of Commercial & Regulatory
Cesare McArdle PNG
Cesare McArdle
Partner
Christine Tretzmueller-Szauer PNG
Christine Tretzmueller-Szauer
Legal Director
Rhian Hazeldene PNG
Rhian Hazeldene
Solicitor
Esther Michael-John PNG
Esther Michael-John
Solicitor
Shen
Shennind Awat-Ranai
Solicitor
Siddhartha Saxena PNG
Siddhartha Saxena
Senior Paralegal

Frequently Asked Questions

Find answers to your most pressing questions about our services and processes.

A commercial legal audit is an effective review of certain key contracts as well as certain policies to ensure that not only are your contracts adequately protected but also to ensure that you have the right procedures in place to make sure those contracts are working for you. The audit consists of advising on certain elements of key contracts and policies as well as ways of incorporating a business’ standard terms and conditions. The review is done from a commercial law perspective and all advice is based on English law.

  • An effective review of contracts and policies to provide sufficient legal protection within your contracts and procedures.
  • Effective legal advice tailored to your circumstances.
  • Greater education to businesses.
  • Provides greater confidence to businesses to operate effectively and with confidence.

The fixed fee will be dependent on the size of the business and scale of the audit. We provide the above service on a fixed-fee basis, up to the point of providing you with the report referred to above.

Besides conducting a commercial legal audit, a business can also reduce their exposure to risk by implementing good corporate governance systems or strategies such as integrated business management systems, routine internal audits, training management system or risk management. Some of these systems can be implemented internally and others may require external specialists.

In the area of risk management, in-house legal teams are doing more to identify and mitigate legal risk however, on the downside, these teams may not have the experience or specialism in certain areas of law or may be biased by the interests of their employer compared to specialist firms of solicitors. If your business does not have an in-house legal team, or a legal team with specialism in risk management, there are specialist firms of solicitors that will be able to assist a business to identify and manage existing legal risk.

The audit will NOT include a review of intellectual property. We can conduct a separate review of your current intellectual property rights to protect your brand and logos and provide a report on recommendations to protect your IP rights which we can provide a fee proposal for if required.