Specialist Corporate and Commercial Lawyers
Advisory Board
Structuring and assisting private companies to boost their business performance and governance.
How we can help
- Advisory board charters
- Facilitation of Family Office meetings and management
Expertise
An advisory board is a collection of independent professional advisors, with experience in a particular industry and from other specialist vocations, who provide advice and perspective to an executive team or to complement an operating board or directors.
An advisory board acts as an independent mentor to the executive team and board. Generally advisory boards meet less frequently than the executive team and board. An agenda, typically focused on the strategic direction of the company, is used to allow executives the opportunity to seek and obtain independent views and insights.
We have experience establishing charters for advisory boards. As a legal matter it is critical that the members of an advisory board are clearly distinguished from the executive team and company directors, do not hold decision making authority or power and are engaged by the company purely on an advisory basis.
Appropriate terms of reference for the members of the advisory board, together with procedural and process arrangements, should be clearly documented and codified. There are risks for the advisory board member and the company that must be understood and advice should be obtained regarding the application of the Corporations Act to advisory boards.
Their approach is always professional and delivered at a standard comparable to a capital city law firm. It is the clear strategic direction that has always impressed me about the SWS team.
We believe their ability to combine first rate legal expertise, commercial judgement and strong negotiating skills is rare amongst lawyers and provides us with a real competitive advantage in corporate transactions. We use SWS because of their ability, not their post code.
The combination of rare legal expertise, commercial judgement and strong negotiating skills is rare amongst lawyers and provides us with a real competitive advantage in corporate transactions.
SWS has assisted with advice on securing and exercising complex property and commercial contractual rights and assisting with protracted contractual management and implementation. We value legal experts who can offer pragmatic and commercial legal solutions for our complicated matters. SWS Lawyers has consistently met these criteria.
The team at SWS Lawyers have already showcased their professionalism, commitment, positive can-do attitude and insight into our needs and have a clear understanding of the disability sector.
