Lawbase in Sydney, Australia | Business service

Lawbase

Locality: Sydney, Australia

Phone: +61 1300 149 140

Address: Suite 407, Level 4, 165-167 Phillip Street 2000 Sydney, NSW, Australia

Website: http://www.lawbase.com.au

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25.01.2022 We have a mandatory code of conduct for SME commercial leases during COVID-19! The purpose of the code is to set out principles for application to commercial leases (including retail, office and industrial) between landlords and tenants. There is an eligibility criteria that must be met. ... The principles will include landlords not being able to terminate leases or draw on their tenants security, tenants honouring their leases, and landlords reducing rent proportionate to the trading reduction of the tenants business. The arrangements will be overseen by a binding mediation process administered by the state and territories. This is a step in the right direction but were going to have to wait for more detail on how the code and its provisions will work before we can predict how effective it will be.

24.01.2022 *** IMPORTANT LEGAL UPDATE *** Last night NSW parliament passed a bill banning residential and retail lease evictions for 6 months. Banks have also announced freezes on mortgage and loan repayments so your landlord may very well be in a position to give you relief, if requested.

23.01.2022 As of today, we are back in the office and excited to see what this new year will bring! We have many exciting things planned for this year, so watch this space! As always, don’t hesitate to contact us if there is anything we can help you with.... #lawbase #thedronelawyer #auslaw

22.01.2022 LawBase Business Essentials Series 3: Times are tough and youve suffered a complete loss of business leading to the need to engage damage control and reduce the size of the fallout. As a director of a company, you have significant responsibility and an overriding duty to act in the best interests of the company that you represent. You should be familiar with your duties and responsibilities which are set out in the Corporations Act and derived from the general law. For more information, read out guide to directors responsibilities.

22.01.2022 During an office shutdown or where a companys registered office is a place where the company does not carry on business, such as an accountants office, it it crucial that businesses implement protocols and check their mail, so that they are aware if a company is served with any legal notices. Failure to respond to a notice may be catastrophic.

22.01.2022 Commercial lease update NSW commercial landlords will now receive land tax relief that MUST be passed on to tenants that have been impacted by COVID-19.

22.01.2022 Happy birthday to us! Time really flies when you're having fun and we're so proud to celebrate our 4th year in business this month. Thank you to everyone that has contributed along the way. We are so grateful to all of our wonderful clients, partners, collaborators and staff who have supported us. Looking forward to our next 4 years in business. Thanks again everyone and have a great week. #lawbase

20.01.2022 LawBase Business Essentials Series 2: Chances are that your policies and procedures could do with a refresh. Why not use this time to work on your business, not in it to come out firing after a downturn. With many staff working from home, some policies may not even contemplate this alternative work arrangement. Policies regarding work and health safety, leave, flexible work arrangements and harassment are a good place to start. Get started by reading our article regarding sexual harassment policy technology considerations.

20.01.2022 "If you can’t say anything nice, don’t say anything at all. Otherwise known, in the legal world, as non-disparagement. It worked just fine when your parents and teachers wanted you to get along with your friends on the playground but more daunting when it takes the form of a legally binding non-disparagement agreement.... Common in employment contracts and settlement deeds, non-disparagement clauses stop you from saying anything negative about a company and/or person. There are serious potential consequences for breaking a non-disparagement clause. Seek legal advice before signing an agreement that contains such a clause. #lawbase #contractlaw #disputeresolution #litigation

16.01.2022 Recent reforms to Australias privacy laws require entities subject to existing obligations under the Privacy Act 1988 (Cth), to report certain data breaches that may adversely affect an individual. The Act applies to Australian Government agencies, businesses with an annual turnover of $3 million or greater, credit reporting bodies, and smaller entities that collect personal information such as health care providers. Familiarise yourself with the obligations under the Act an...d the reforms, to assist in developing processes that reflect best practice for the collection and management of personal information. If you need more information or if you need assistance or advice on how to proceed please call us. #lawbase #virtuallawfirm #commerciallaw #commerciallawyers #businesslaw #privacy

16.01.2022 Virgin Australia has gone into voluntary administration today. Great to see that directors of the company didnt have their heads in the sand about the companys dire financial situation. Rather than carry on and risk trading whilst the company was insolvent, directors appointed Deloitte as administrators prior to formally announcing the decision to go into administration. This decision allowed the company to get on the front foot and manage the process smoothly. Hopefully the administrators can negotiate an exit from administration, handing the company back to directors.

15.01.2022 #legalupdate From 9 June 2019, if you supply goods and/or services to consumers that come with a warranty against defects, you must include mandatory wording in any document that evidences your warranty against defects. It is important to update your warranty documents so that they comply with these new requirements. Act early and minimise the risk of your business breaching this new law. We can assist you to ensure your documents are compliant. Contact us today.

14.01.2022 Getting a loan to buy a business can be difficult. Alternatively, you could use vendor finance. If using vendor finance, there are important issues to consider. Our latest article looks at these issues, and sets out matters typically covered in a vendor finance agreement. If you have any questions, please contact us.

14.01.2022 LawBase Business Essentials Series 1: Starting your own business can be an exciting but daunting time. Our starting a business checklist will guide you through important steps to ensure you get off on the right foot.

14.01.2022 Are you up to date? The 30 June deadline is looming. Here are our 5 legal tips for the new financial year: 1. Review your business terms and conditions; 2. Check the pay rates of employees and adjust where necessary;... 3. Do an intellectual property health check i.e. identify your IP; ensure it is protected and then monitor it to protect against infringement; 4. Update or create a business will; and 5. Put systems in place to recover monies owing to you in a timely manner. If we can help with any of the above, please contact us.

13.01.2022 LawBase Business Essentials Series 2: More so than ever in the current COVID-19 climate, employment laws and regulations are constantly changing. If you dont remember the last time you reviewed your standard form employment agreement, then use your time in hibernation to work on your business and make sure that your businesss employment terms are brought in line with current legal requirements and are suitable for the business moving forward.

12.01.2022 Did you know: some of the most powerful and iconic businesses we know today were founded during the last recession (GFC)? Think, Uber, WhatsApp, Pinterest, Square, Airbnb and Slack. Amongst the crisis, there are opportunities for growth and innovation.

11.01.2022 The NSW Government is offering free webinars to help small businesses impacted by COVID-19. The webinars are being run by small business advisory program Business Connect and address key subjects such as how to maximise cashflow and business disruption-innovation. For more information and to register, heres the link you will need.

11.01.2022 What a year! We hope that you will have a relaxing Christmas and New Year surrounded by (not too many) friends and family. At times like these, we can be grateful to live in a world where technology can connect us even when we are not seeing each other face-to-face. We will be taking a break between 24 December 2020 and 17 January 2021 (inclusive), and will return ready for the challenges that 2021 may bring! In the meantime, we will be spending our holidays at home and makin...g the most of this time. Some of the highlights of this year for us have included the opening of our Brisbane office (yay!), and the addition of two (awesome) staff members to our team - thanks Tom and Kathryn. We wish you a happy and safe holiday season, and we look forward to working with you in the coming year. Take care and stay safe.

10.01.2022 We love our clients. Our client surprised us with these beautiful journals. So thoughtful.

10.01.2022 We're hiring! Join our team. Don't miss out on this opportunity, apply now. #lawbase #hiring #joblisting #jobopportunity #newlaw #auslaw

10.01.2022 Happy Friday everyone!! We hope your week has been as positive, productive and fun as ours.

09.01.2022 #EOFY Tip 2 Do an intellectual property health check. It is important to identify your intellectual property, ensure it is protected, and then monitor your intellectual property assets to protect against infringement.

09.01.2022 We do fixed fee billing. With us, what you see is what you get. There are no hidden charges. You have peace of mind and certainty.

09.01.2022 Normally there are serious consequences for directors of companies that engage in insolvent trading i.e. incurring debts on behalf of a company when the company cannot pay its debts when they fall due. In light of COVID-19, the government has put in place temporary measures that prevent directors from being personally liable for trading while insolvent, as long as those debts are not dishonest or fraudulent. These measures apply for 6 months and will give your business some breathing space to keep going.

09.01.2022 *** Temporary Legal Update *** A creditor may issue a statutory demand on a company in order to recover a debt. Not responding to a demand within the specified time creates a presumption that the company is insolvent and the company may enter liquidation. The Government is providing for financially distressed businesses by (amongst other things) temporarily: - increasing the current minimum threshold for creditors issuing statutory demands under the Corporations Act 2001 fro...m $2,000 to $20,000; and - extending the statutory time frame for a company to respond to a statutory demand from 21 days to 6 months. These changes will apply for 6 months. Please reach out if you have any questions regarding these recent changes.

08.01.2022 Check out the latest edition of our newsletter here: http://eepurl.com/hleTVf We have some very helpful and succinct articles in this month’s newsletter including:... - the consequences of sharing company secrets with competitors; - rights and responsibilities at the office Christmas party; and - cost awards in legal disputes and court proceedings. We are here to help; we serve to solve. Thanks for reading. Your lawyers, your LawBase. #lawbase

08.01.2022 LawBase Business Essentials Series 2: Another work on your business item to action now and be ready to take advantage of potential opportunities on the other side of COVID-19. Many business owners dont have formal documents in place with their co-owners. This is particularly common between family and friends that started a business on a handshake. This approach may have worked to now but with uncertain times ahead a formal shareholders agreement could become very important and save you thousands of dollars down the track. Read our top 3 reasons why you need a shareholders agreement.

08.01.2022 Even if you have obtained a judgment from a Court or Tribunal in your favour with respect to a debt that is owed to you, a judgment debtor may continue to fail to pay the debt owed to you. If that is the case, there are a number of procedures which you can take to enforce the judgment against the judgment debtor and we look at the main methods in our latest article.

08.01.2022 Small businesses and local staff are going to be among the most immediately affected by COVID-19 and social distancing. If youd rather not go out, buy a restaurant voucher or a salon voucher. By doing so, you are supporting small businesses by giving them the cash injection they so desperately need now and you can then use the voucher when were all out and about in the streets again. Most gift cards and vouchers sold in NSW must come with a minimum expiry period of 3 years.

07.01.2022 LawBase Business Essentials Series 1: It might happen when grocery shopping at the supermarket, while you are at the salon getting your hair done, or as you are driving down the road: a new business idea hits you, and it doesnt let you go! What now?... You need to set up your business structure. There are 4 mains types of business structures for doing business in Australia, each with its own advantages and disadvantages. These are sole trader, partnership, company and trust. The choice of business structure is an important decision. Read more about these common business structures in our below article.

07.01.2022 LawBase Business Essentials Series 1: Starting a business is exciting! It is, however, important to comply with all necessary legal requirements to ensure your business is adequately protected from the outset. Due to a lack of experience, knowledge and resources, start-up business founders tend to overlook the following top 6 legal considerations.

07.01.2022 Many clients ask us about cyber security from a personal viewpoint and what to do to protect themselves online outside of work. The Australian Government provides an excellent information website Stay Smart Online. The website provides simple to understand advice and has great advice.

06.01.2022 LawBase Business Essentials Series 2: If you are a little quieter than usual in your business, it could be a great time to tackle all of the work on your business tasks that have been on your checklist for a while but you just never seem to get around to doing such as strengthening your customer terms and conditions or, in case you dont already have any, preparing them! When was the last time you reviewed your terms and conditions? Changes in the way you do business as well as legal changes may cause gaps in your trading terms and leave you exposed. Take this opportunity to bring your terms up to standard and make sure they adequately protect you.

04.01.2022 How is COVID-19 impacting contractual obligations for businesses? This article provides some guidance.

04.01.2022 Creating magic. Another highly productive LawBase team meeting.

04.01.2022 Every time you refer a new client to us, we will reward you with a $50 gift voucher. Its our way of saying thank you.

03.01.2022 Most employers think they are protected from an unfair dismissal claim at the end of a fixed term employment contract but this is not always the case. Find out more in one of our recent articles:

03.01.2022 Weve been told to go out only when essential and to keep social distancing. I saw elsewhere someone say that we should refer to it as physical distancing rather than social distancing and I couldnt agree more. While we might not be able to make physical contact, social connections are vital right now. Check in with your friends, family, colleagues and neighbours. We are all affected, and we all need support. Be kind to one another and stay safe.

03.01.2022 Check out the latest edition of our newsletter here: http://eepurl.com/hintdL We have some very helpful and succinct articles in this month’s newsletter including: - how to remove a nominee director;... - when post-employment restraints are too broad; and - avoiding disputes about alternative dispute resolution clauses. We are here to help; we serve to solve. Thanks for reading. Your lawyers, your LawBase.

03.01.2022 If you supply food for retail sale in Australia, you should be aware of country of origin food labelling requirements. This fact sheet provides a helpful overview of the requirements.

02.01.2022 Despite these unprecedented times, #lawbase is prepared to ensure that your service is 100% uninterrupted. As a #virtuallawfirm, that is, one that essentially runs entirely online, #lawbase is not likely to be majorly affected by the current situation that we are experiencing. We are continuing to work as normal during business hours (9am to 6pm, Monday to Friday) and there are currently no disruptions to our service. Our #lawyers already #workremotely and all services can be handled #virtually.

02.01.2022 In relation to commercial and retail leases, the message we are now receiving is that landlords and tenants must negotiate themselves. If youre not sure where or how to start such a conversation, then please contact us. We will discuss your options, and how to navigate the process.

01.01.2022 Get ready for a 3% wage increase to minimum wages. The new minimum national wage will be $740.80 per week or $19.49 per hour. The increase applies from the first full pay period starting on or after 1 July 2019.

01.01.2022 #EOFY TIP 1 Review your business terms and conditions to make sure they are accurate and current, and reflect any amendments in your businesss systems and processes that might have happened in the last year.