Banks Avocats

BACKGROUND

Please describe your company and position.

I am the Tax Specialist of International Tax Specialist

Describe what your company does in a single sentence.

Crossborder and International Tax Consultations

OPPORTUNITY / CHALLENGE

What specific goals or objectives did you hire Banks Avocats to accomplish?

• Legal consultations
• Litigation

SOLUTION

How did you find Banks Avocats?

• Online Search
• Referral

Why did you select Banks Avocats over others?

• High ratings
• Pricing fit our budget
• Great culture fit
• Referred to me
• Company values aligned

How many teammates from Banks Avocats were assigned to this project?

2-5 Employees

Describe the scope of work in detail. Please include a summary of key deliverables.

• Legal Consultation
  • Initial consultation to discuss your business needs, goals, and any existing legal issues.
  • Review of your corporation's structure, bylaws, and articles of incorporation.
  • Assessment of compliance with Canadian corporate laws and regulations.
• Corporate Governance:
  • Guidance on corporate governance best practices.
  • Assistance with drafting and amending corporate bylaws and shareholder agreements.
  • Advice on director and officer duties, responsibilities, and liabilities.
• Commercial Transactions:
  • Review, drafting, and negotiation of commercial contracts, including agreements with suppliers, clients, and partners.
  • Due diligence for mergers, acquisitions, or business transactions.
  • Assistance with financing arrangements, such as loans, credit facilities, or equity financing.
• Dispute Resolution and Litigation:
  • Representation in negotiations, mediation, arbitration, or litigation proceedings.
  • Defense against lawsuits filed against the corporation or initiation of legal action on behalf of the corporation.
• Key Deliverables:
  • Comprehensive legal analysis and advice tailored to your corporation's specific needs.
  • Drafting and review of legal documents, including contracts, bylaws, and corporate resolutions.
  • Representation and advocacy in legal proceedings, if necessary.
  • Regular updates on changes in Canadian corporate laws and regulations relevant to your business.
  • Strategic guidance to help achieve your business objectives while mitigating legal risks.

RESULTS & FEEDBACK

What were the measurable outcomes from the project that demonstrate progress or success?

• Compliance:
  • Percentage increase in compliance with federal and provincial regulations governing corporations.
  • Reduction in the number of regulatory violations or non-compliance issues identified during audits or inspections.
  • Number of successful regulatory filings completed on time, such as annual reports, tax filings, and corporate resolutions.
• Risk Management:
  • Reduction in legal disputes, lawsuits, or regulatory penalties faced by the corporation.
  • Decrease in the number of legal claims or complaints filed against our corporation
  • Increase in the corporation's ability to identify and mitigate legal risks proactively through compliance audits, risk assessments, and strategic planning.
• Operational Efficiency 
  • Time and cost savings achieved through streamlined processes for drafting, reviewing, and negotiating contracts and legal documents.
  • Improvement in the efficiency of corporate governance practices, such as board meetings, decision-making processes, and communication with shareholders.

Describe their project management. Did they deliver items on time? How did they respond to your needs?

Banks Avocats conducted an initial assessment to understand our corporation's legal needs, goals, and timelines. Banks Avocats maintained regular communication with us to provide updates, discuss progress, and address any concerns or questions we had. Banks Avocats demonstrated adaptability and flexibility in adjusting the project plan and strategies accordingly.

What was your primary form of communication with Banks Avocats?

• In-Person Meeting
• Virtual Meeting
• Email or Messaging App

What did you find most impressive or unique about this company?

Banks Avocats is dedicated to providing their clientele with quality legal services. 

Are there any areas for improvement or something Banks Avocats could have done differently?

none come to mind