Any business lucky enough not to have been embroiled in a legal dispute can count themselves lucky. No matter how well you plan and manage your business you never know when you are going to face unexpected, expensive legal fees.
In 2005/2006 there were over 115,000 applications to employment tribunals with the average award for unfair dismissal being £8,679. The average award for race discrimination was £30,361, sex discrimination £10,807 and disability discrimination £19,360.
In addition to employment related disputes, one in ten businesses will be subject to an Inland Revenue Investigation each year. Professional fees would need to be incurred in order to prepare for such an investigation.
Free Legal Cover Worth More Than £670,000 With Your Chamber Membership
Renfrewshire Chamber of Commerce has teamed up with Composite Legal Expenses to provide your business with a free Legal Expenses Insurance policy. As a member business you have more than £670,000 worth of professional fees and awards each year! The cover can pay for a solicitor or other professional to represent your business in each of the areas covered by the policy.
These areas include Employment Disputes & Awards, Prosecution Defence, Tax/VAT Investigations, Property & Landlord Disputes, License Protection, Jury Service Cover, Data Protection Act, Business Motoring and Personal Injury.
In the event of a dispute it is essential that you contact the Chamber Legal Advice Line at the earliest opportunity. Delaying notifying the insurers could jeopardise your ability to be covered.
The Advice Line will guide you through the legal process and prevent issues from escalating in the first place. To contact the Chamber Legal Advice Line please call 029 21 157 571.
*Please refer to the Chamber Legal Expenses policy wording to understand all policy conditions. This is available on www.composite-legal.com/chamber.