About TLC "Don't you wish your business could afford the best lawyers?" It can now. Call your own lawyer when you need advice, let them handle all your legal problems (even sue other businesses) with insurance for when things go wrong and all for about £20 a week (based on up to 10 staff) ! On demand but out-sourced - the best of both worlds! TLC legal care is a new concept in business protection providing affordable, on-demand legal advice and insurance for everything from employment issues to contract disputes and compliance and regulation. Prevention is better than cure If you run a business then statistically you are much more likely to incur large legal costs than to have a serious fire, theft or flooding. In fact on average there is an employment tribunal every 5 minutes in the UK and your legal cost will probably average £5,000 a day- a cost you cannot recover even if you win. It is much more expensive to buy the best legal advice after the event when you already have a problem than it is to purchase help and insurance in advance. We have used our 'buying- muscle' to contract legal advice and insurance on the best possible terms for you. Your own home is at risk There are at least 200 regulatory and legislative issues that could put a director or manager's personal assets at risk - home depriving situations we call them. For example; shareholders could sue directors individually for a breach of fiduciary duty or negligence in contract terms, health and safety prosecutions, corporate manslaughter charges and allegations of employment discrimination. The cost of lawyers and barristers to defend you is going to run into tens of thousands of pounds, win or lose. TLC protects the parts of the business other policies leave exposed That is because we protect the individual directors and managers as well as business entity itself. And it is a means of affording that a professional legal team is always available to defend you personally, right from the start of a claim. Defend and pursue your legal rights - We do not just help your business defend itself, we provide funding to help you assert your rights as well - for example to pursue a bad debt or to sue a contractor. With insurance too! An integral part of the TLC concept is that as well as providing legal advice we provide one of the widest possible legal insurance indemnities. Professionalism and integrity A key difference between TLC and possible competitors is that legal advice and day to day claims handling is ring-fenced for greater integrity. This means that when you call you will not be put through to a faceless insurance call-centre. Instead your legal advice is provided by independent local solicitors with a professional obligation to act in your best interest. Provided you follow your solicitors advice you can sleep at night knowing that all new claims under the scheme will be covered. Balance sheet protection Just talk to your accountants about the difficulty of calculating the effect of a legal action on the company balance sheet. Ask them: How will we account for big legal costs depending upon the outcome as in win, lose or draw the case? Could we pay a Dividend this year or for any of the next 3 years while the case is hanging over us? How could we possibly sell the business or raise investment with unknown litigation costs hanging over us? You accountant will quickly understand the advantage of having TLC on your side because if a legal action is funded and insured against losing, you will not need to make a large contingency provision in the books every year. So, the balance sheet is protected! For more information please call us on 01935 389812