There are many law firms that will claim tobe “strategic”, but what does that mean, and how does it help your business?Finding the right Sydneybusiness lawyers that can act as a strategic partner can help you save timeand money.

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What Does A Strategic Lawyer Do?

A strategic lawyer aims to become a genuinepartner to your business and hopes to develop a relationship that extend beyondjust an advisory role. Where some law firms will be happy to simply reviewcontracts and represent you in legal matters, a strategic lawyer will go aboveand beyond to actively aim to provide a holistic advice on how to protect andgrow your business.

There are five keyways that this willassist your business:

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1)     A strategic lawyer is outcomefocused: A strategic lawyer will take the time to understand your business, andthe sector that it operates in. They will then focus on the most commonproblems facing for your business within that sector and provide you with theadvice to protect your business which is tailored to the particular industry.

2)     A strategic lawyer isproactive: Rather than waiting for you to raise issues or call on a lawyer, astrategic lawyer will identify where you will need support and will make suggestionsahead of time. This can help you address issues early and be proactive inmanaging your business.

3)     A strategic lawyer costeffective: Because a strategic lawyer aims to have a long-term relationshipwith their clients, they will not approach each engagement as a transactionalopportunity to extract a maximum fee. Rather, the lawyer will look for ways tominimise your costs and always keep the financial health of your business inmind.

4)     A strategic lawyer will alwaysaim for an efficient resolution: Extended legal matters can affect the abilityfor a business to operate and affect its cash flow. Furthermore, it candistract the owners when they should be focusing on the business. A strategiclawyer will look for the pathway to the quickest resolution in all legalmatters with a focus on a commercial outcome.

5)     A strategic lawyer will alwaysbe available: With many of the more transactional lawyers, you need to gothrough layers of assistants and processes before you’ll be able to speak toyour actual lawyer. It can be a time-consuming and frustrating process. Becausethe strategic lawyer considers the relationship with their client to beparamount, you will be able to contact them directly, and be certain thatyou’ll hear back from them in a timely fashion.

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There are many kinds of lawyers. There aretransactional lawyers, who will support you on a case-by-case basis. It is onlythe strategic lawyer that will consider the long-term success of your businessto be important. At ABP Lawyers, we strive the be the strategic Sydney businesslawyers of choice for small to medium sized business. Contract us today tostart the conversation!