1. Portrait of a qualified business lawyer

• A qualified business lawyer is a person with good human character and professional ethics

Lawyers are indispensable representatives in compliance with the law. For that reason, ethics and code of conduct are set for lawyers in each country including Vietnam. Pursuing right goals, putting justice and social justice as a guideline in professional activities, being objective and not promising results to clients in advance… are all factors that make up an integrity lawyer – one of the prerequisites of a qualified business lawyer.

• A qualified business lawyer has the deep professional knowledge, high-level thinking and rich experience

In their role as legal advisors, business lawyers are required to have in-depth business knowledge, along with other relevant legal disciplines to support. Business lawyers require outstanding analytical and research skills, logical thinking and being judgmental to be able to approach and analyze business issues strongly, flexibly apply many complex laws so that they can make effective, clear and well-reasoned legal arguments, foresee any worst-case scenarios, and have contingency plans in place for them. In addition, business lawyers also need to have a perspective on the reality of society and accumulate experience to see and deeply understand all legal matters, make informed decisions to serve the legitimate interests of businesses.

• A qualified business lawyer is persistent

Legal is always a difficult issue. The factor to locate a business lawyer is that they know how to persevere with the truth, with fairness, for the right and for the legitimate interests of the client, overcoming challenges to reach meaningful moments. make it all worth it.

2. The role of a qualified business lawyer

• Helping businesses comply with the law

Qualified business lawyers are always present in business activities. This permanence helps business lawyers quickly identify a whole range of different legal issues, such as violations or potential disputes, that may affect business operations. Qualified business lawyers provide necessary legal advices and guidance to help your business get away with legal situations or avoid breaking the law in the first place.

• Helping businesses prevent legal risks, avoid lawsuits

Any business is at risk of facing contract disputes with partners, employees, the state or even internally. In such cases, a qualified business lawyer shall offer reasonable solutions, in the spirit of goodwill, for mutual benefits, so that the parties can reach an agreement without resorting to another jurisdiction. This also helps businesses save time, effort and money, and can focus their resources on business development.

• Helping businesses grow strongly

Business lawyers have great responsibility for ensuring safety and being proactive in all legal situations. That is the core factor, the premise, the foundation for the existence and sustainable development of businesses in the market.

3. The cost of retaining qualified business lawyers

Each law practice unit shall have a different fee schedule suitable for its clients. At Phong & Partners, we provide qualified business lawyer services with fees depending on the size of the business, scope of work and needs of the client. The fee structure for qualified business lawyer service of Phong & Partners is as follows:

• Regular service:

With a term of at least 12 months, the service fee is calculated according to the consulting time converted to the consulting product and the actual working time of lawyers.

*Service fees do not include fees for working with a third party or working outside the headquarters of Phong & Partners

• Case-by-case service: depending on the actual situation of your case, the service fee can be a fix fee and/or a percentage of the results.

Businesses, whether large or small, need to have a qualified business lawyer because when faced with a legal crisis, it will threaten the sustainable development and value of the business, causing businesses to have financial, human, and internal troubles... Through the above article, we hope that Clients shall better understand the portrait of a qualified business lawyer and the cost of retaining a qualified business lawyer. Phong & Partners is pleased to accompany clients in all legal services.

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PHONG & PARTNERS LAW OFFICE

Head office: 6th floor, Thanh Loi Building, 249 Nguyen Van Linh, City. Danang

Phone: 02363 822 678

Branch 1: 01 Dong Giang, Son Tra, Da Nang - 0905 205 624

Branch 2: 21 Truong Van Da, Lien Chieu, Da Nang - 0901 955 099

Branch 3: 03 Chu Cam Phong, Ngu Hanh Son, Da Nang - 0905 579 269

Email: Phongpartnerslaw@gmail.com

Web: https://phong-partners.com