Client needed to address recurring legal questions asked by his investors and clients alike.
Client wanted to understand the risks of his business model in order to be able to justify the way he operates and protect his operations in case of litigation.
Client decided to mandate Parallel Avocats due to its expertise on these topics.
Parallel started its work by reviewing the Client’s contractual documents, the user experience of the platform and the most common objections made by clients and investors.
Parallel confronted these operational gaps to the Client’s legal environment in order to prioritize the jobs.
Parallel drafted (i) a short memorandum on the risks associated to the Client’s operations and the way to mitigate them, (ii) a legal opinion on the key aspects of the business model for third party stakeholders of the company and (iii) a set of key talking points for the Client’s marketing and business development teams concerning several legal issues.
Mastering the future: Client realized the impact and importance of legal issues and managed to explain their magnitude to his clients and prospects.
A more robust model: the corrective actions identified with Parallel allowed the Client to have a roadmap to follow in order to increase legal compliance while continuing to develop his business.
Legal awareness: the in-depth approach of Parallel as well as the efficiency and speed of the process reassured the Client’s investors concerning the future of the company.