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  • November 18, 2019

New Legal Health Check

By Lawbite Team

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Did you know that SMEs are losing more than £13.6 billion a year by failing to take care of their legal issues? We know that dealing with legal issues is part of being in business, but we found that SMEs are not very good at dealing with them despite encountering at least 8 per year. These are the findings of a survey we conducted with YouGov to understand what roadblocks are in the way of SMEs. There were 1,000 SMEs interviewed in the UK and the results were analysed by the Centre of Economics and Business Research (CEBR). The results are shocking, with an upper estimate indicating that SMEs are losing more than £13.6 billion a year by failing to take care of their legal issues. . At LawBite we believe that law in the UK should be accessible, affordable and clearly understandable for the UK’s business owners. That’s why we decided to redesign our free Legal Health Check to help you grow your business by ensuring you have the right policies, procedures and documents in place to protect your assets and reputation and success

How does it work?

It takes only a few minutes to complete the Legal Health Check. Just answer a set of questions from 6 key areas to identify potential weaknesses or threats to your business.

Receive a personalised report

Your answers will indicate to what extent your business is compliant and protected and will help you identify new revenue opportunities. You will receive a summary report and an easy-to-understand scorecard that will indicate if you should seek legal advice or guidance to ensure that your business is legally fit and that it stays that way!

Benefits of the Legal Health Check

  • Free to use - you can complete the Legal Health Check at any time
  • Easy to understand - it's been written in plain English, making it easy to read and understand the areas of your business that need immediate attention
  • Accessibility - you can complete the Legal Health Check anywhere, any time via PC, mobile or tablet
  • Secure - the information you share is strictly confidential

In closing

Nothing in this article constitutes legal advice on which you should rely. The article is provided for general information purposes only. Professional legal advice should always be sought before taking any action relating to or relying on the content of this article. Our Platform Terms of Use apply to this article.

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LawBite can help you

LawBite is on a mission to provide business legal advice that is easier to access, clearer to understand and much cheaper. Our on-line legal advice platform can quickly connect you with expert business legal advice. Our friendly, highly qualified business lawyers, solicitors and mediators will give you the guidance and reassurance that comes from customised legal advice for small and medium sized business.

Whether you are bringing or defending a legal claim, outsourcing work, want a business contract review to ward off disagreements, talk to an expert trademark lawyer, resolve a contractual dispute with methods like mediation and arbitration, or getting your new company set up and on the right footing with a robust shareholder agreement and GDPR standards, we can help you succeed.

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