We offer a specialist service to the recruitment sector of comprehensive and seamless support on appropriate structures, protecting commercial interests, contracts, leases and debt management and all aspects of compliance and employment law.
Our experience ranges in all sizes of recruitment businesses, from start ups to floated companies.
Most recruitment business owners are looking towards their eventual exit strategy. To achieve this proper foundations need to be in place including:
- Shareholders Agreements
- Consideration of LLP Status
- Directors Service Agreements
As the business grows there are areas of concern which include:
- The assets which are principally the people and the relationships must be protected. This is often through the enforcement of restrictive covenants against leavers who look to exploit candidate and client contacts that belong to the organization.
- The protection of such information can be secured by way of emergency application to the Court called an injunction.
- Damages may also be available if the use of such information can be proved to have created a financial loss.
- The business must be satisfied that it can recover all sums invoiced. A large credit problem can be devastating to balance sheets particularly in contractor focused businesses and if factoring or invoice discounting is being utilised.
- Proper terms of business with clients, candidates and contractors together with a workable policy to ensure that they are used on every occasion.
There are a number of regulatory and legal issues which may affect their business, for example, arising from:
- The Employment Agencies Act 1973 and the Conduct of Employment Agencies and Employment Businesses Regulations 2003
- The Agency Workers Regulations 2010
- The Equality Act 2010
- Data Protection
For further information please Contact Us.