We Help You With Setting Up Strong Corporate Governance
At Allied Legal, we specialise in helping Australian startups and businesses build strong corporate governance foundations. Our comprehensive services ensure your company meets all legal and regulatory requirements, promoting transparency, accountability, and sustainable growth.
We provide tailored solutions, from setting up governance frameworks to ensuring ongoing compliance. With our expert guidance from a corporate governance lawyer, you can confidently manage your business, knowing you are meeting all obligations and protecting your interests.
Governance Frameworks
We help you establish effective governance frameworks, including board structures, roles, and responsibilities.
Compliance Management
We ensure your company complies with all legal and regulatory requirements, reducing the risk of penalties and legal issues.
Risk Management
We assist in identifying and managing risks to protect your business and support long-term success.
Policy Development
We create and review essential policies, including codes of conduct, conflict of interest policies, and more.
Director Duties and Responsibilities
We provide advice on the duties and responsibilities of directors, ensuring they understand their legal obligations.
Board Meeting Facilitation
We assist in organising and facilitating board meetings, ensuring effective communication and decision-making processes.
FAQs
Corporate governance is the system by which a company is directed and controlled. It sets out the roles and responsibilities of the board, management and shareholders, and supports accountability and transparency in decision-making. The board is ultimately responsible for governance, with management carrying out its decisions.
Allied Legal helps you set up clear governance structures so everyone in your company understands their role.
Strong corporate governance builds trust with stakeholders, supports company performance and reduces the risk of legal and financial issues. It also promotes ethical business practices and sustainable growth. Without it, unclear decision-making can lead to disputes, regulatory breaches and a loss of investor confidence.
Allied Legal provides governance advice that protects your company and supports its long-term growth.
Under the Corporations Act 2001, company directors must act with care and diligence, act in good faith in the best interests of the company and for a proper purpose, and not misuse their position or company information. They must also avoid conflicts of interest and make sure the company complies with its legal requirements. Breaching these duties can lead to penalties and, in some cases, personal liability.
Allied Legal helps directors understand and fulfil their responsibilities so they can make decisions with confidence.
Risk management involves identifying potential risks, assessing their likelihood and impact, and putting strategies in place to reduce them. A good starting point is a risk register that records the main legal, financial and operational risks and who is responsible for each, reviewed by the board on a regular basis.
Allied Legal provides risk management advice to protect your business and support its long-term success.
Essential policies typically include a code of conduct, a conflict of interest policy and a whistleblower policy, among others. A whistleblower policy is a legal requirement for public companies and large proprietary companies, and the other policies help set clear standards of behaviour across the business.
Allied Legal helps you develop and implement the policies your company needs, so you stay compliant and promote ethical business practices.
It is worth engaging a corporate governance lawyer as soon as you are setting up your board and governance structures, not just when a compliance issue or shareholder dispute arises. Early advice helps build the right frameworks, policies and director protocols from the outset.
Allied Legal reduces the risk of regulatory breaches and disputes later on by putting those governance foundations in place early.
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