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Good risk management is crucial to any business regardless of size or type. It is no less important to a recruitment agency, irrespective of the state of the market.
For example it may be very tempting to sign up to a new client agreement without assessing what potential liabilities have been taken on and how these will be managed. Storing up commercial risk in this way may prove very costly for your agency.
In reality many recruitment companies simply react to events as and when they occur. This approach may save time and money in the short term but could be problematic in the long term. Effective risk management can enhance the value of a business and make your company more appealing to clients and potential investors.
The following services have been specifically developed to help you control your commercial risk:
Contract Reviews
A flexible service to establish your exposure to commercial risk and potential liabilities. We review not only your own trading agreements but also client agreements on a clause-by-clause basis.
Assessment can be made in the light of your own circumstances and Lawspeed can adapt your contracts toaccordingly. Options are available to provide either fast-track verbal advice or a full written report. Help is also at hand if you require full or partial negotiations with your hirer, and practical advice to implement our recommendations.
Procedural advice
Internal audits covering issues such as data protection, employment procedures (including employment status) and statutory compliance.
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