Legal


Every business is, in one way or another, an entity of public interest. They are entities of the State, hence are required to abide by state laws and regulations. With this comes the tendency to entangle with legal matters. Every action or inaction of a company (whether it be with regards to marketing, human resource, finance, etc.) should be within the bounds of the law, or else they will face fines or criminal prosecutions. 


It comes in handy, then, for a business to have an in-house legal department filled with lawyers who are knowledgeable in the field of business law. With their help, a company can easily navigate legal matters and ensure that everything they are doing is valid according to State law. 


Responsibilities of Lawyers in a Company’s Legal Department

  • Manage a business’s finances and ensure that all records, books, taxes, etc. are complying with legal standards
  • Facilitate vendor management such as controlling expenses, guiding vendor relations, billing, etc.
  • Provide counseling to the business regarding legal matters and issues
  • Ensure compliance with labor laws, draft valid contracts for employee relations, etc.
  • Create or revise company policies in all departments to ensure that they are in compliance with the law
  • Represent the company in case of litigation.


Why You Need Lawyers in Your Company

Businesses are highly regulated by law. There are taxes that should be paid. There are labor codes that dictate how businesses must be treating and compensating their employees. There are marketing laws that prohibit certain types and methods of promotions. And so on. Everything a business does has a legal connotation, which should be followed diligently. Otherwise, there’s the risk of fines or criminal charges. 


The law is very complex and confusing, especially when talking about business law. Not everyone will be able to navigate legal matters correctly and effectively. Hence, the need for businesses to have a team of in-house lawyers who can help them with legal matters pertaining to their business. 


In need of lawyers for your legal department? Contact our IT recruitment agency and we’ll help you access talented individuals looking for a job in Hong Kong that fits both the standard qualifications required for the position, as well as your specific personnel requirements.

 

 

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Silicon Valley Associates is ideally positioned to support the continual demand from tech companies and IT Departments looking to hire in Hong Kong, Asia, and Worldwide. Please let us know if you would further advise on the above topic or your hiring needs

 

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