Como Realizar Una Auditoria Legal
Therefore, and in view of the foregoing, the directors of the Company will remain fully informed on the basis of the auditors` reports in order to comply with the obligations and responsibilities of their position in accordance with the law; Indeed, the company directors are responsible for the actions of this company towards third parties. Thus, among other things, they are required to require a declaration of bankruptcy if the circumstances provided for by law coincide, so that, if they do not do so in a timely manner; Directors can be held liable for these acts, and creditors and partners could demand the personal and universal liability of the administrator, that is; with all your current and future assets. To clarify more, we resorted to reading the bibliography; as well as legal forums and books to learn in detail what is meant by legal review; in particular through Due Diligence Legal. So what is a legal review? Audit carried out on a company or a legal person from a legal point of view. It is not about SEO, nor about work nor about finances, although logically the last two also cover the legal concept, since these are competent areas of lawyers and lawyers. Therefore, legal audits are the analysis and examination of all the elements of a company to verify that it complies with all the legal regulations with which it must comply. This service is provided, for example, by the “Boutique Law Firm Cerrillo-Gomez”. This process is extremely important because it demonstrates the transparency of the company`s operations and puts it on the right track, because to carry out this process, it is necessary to evaluate all the areas that make up the company in order to identify possible defects and errors in order to minimize risks. A comprehensive legal review should also consider the use of external advice to ensure that high standards of quality and cost control are met. An auditor can help the legal department review and monitor invoices for legal services. Some basic controls, such as invoicing software, can be taken into account to determine if there are possible calculation errors, duplicates, and excesses.
The existence of billing policies is another important control. You need to give clear instructions on how lawyers should work and charge when providing services. Other controls include the practice of soliciting legal services and the regular rotation of the use of law firms to ensure efficient and effective representation. In addition, the lawyers who perform the task of the legal examiner must meet with those responsible for each field in order to reconstruct as faithfully as possible the legal reality of the company at the time of carrying out the audit. In addition, legal examiners should, as far as possible, identify solutions to improve the legal situation of that company. Carrying out a legal audit involves intensive work that must be carried out internally at the company`s headquarters. The lawyers responsible for the preparation must request all the necessary documents and information and, in case of loss of documents, go to the appropriate registers to save these documents. This is the process known as the data room. We assist you in the review of your company, based on a regulatory approach, using all the legal provisions directly or indirectly at our disposal that are related to legal acts. Any analysis that a company undergoes to verify that it complies with all legal regulations with which it must comply. To do this, it must be analyzed from a civil, commercial, labor, financial, fiscal, criminal, administrative, constitutional, etc. point of view.
Currently, many authors associate this word legal journal with the Anglo-Saxon term Due Diligence Legal. Under this linguistic term, the definition is narrower; the process by which a company asks a legal auditor to provide it with truthful information about another company before completing the purchase process; or before the start of a merger with it. This way, you know all the circumstances that can impact the future and decision-making. If your business requires legal review, it is important that you have specialists, so at IUS LÍDER we provide you with lawyers who can give you all the advice you need in this and other legal matters so that you can minimize any type of risk that could put your business at risk. Legal review is a tool that all lawyers use to prevent a business from going through a legal process because it helps correct deficiencies or errors that can cause problems that compromise the operation of that business. Lawyers or lawyers conducting a legal or legal review must be professionals who are completely independent of the company or body they are auditing.
