Exisiting Franchisors Solicitors
When established businesses move to Ashtons Legal’s specialist team, incorporating the skills of Chambers & Co, from their existing legal advisors they find four main differences:
- with a non-specialist practice they increasingly find that they know more about franchising issues than their own lawyer and do not feel they get value for money
- they realise that their original franchise agreement does not give them the protection that they thought they had when disputes arise
- they find that their current advisor more often than not tells them why they cannot do something, rather than telling them how to do it
- they are facing too high a proportion of franchisees leaving the network, or franchisees are abusing system controls – and they want to talk to someone who has ‘been there’ to see what to do.
The law relating to franchising is surprisingly complex, but we pride ourselves on presenting sensible commercial solutions in a down to earth manner. Our team members are each acknowledged to be in the top of their field. Their work is coordinated by John Chambers, who is famed for his “immensely practical” approach. John has been in the industry since 1988 and was a member of the British Franchise Association Legal Committee before its absorption back into the British Franchise Association.
It is our approach to the key elements of your franchise business that encourages many people to change legal advisers.
- Agreement and prospectus. We will review your existing agreement free of charge. If we think it is fine we will say so. If it needs strengthening, we will give you a fixed price for carrying out the work. This can often include an across the table review of your franchise controls, structure, and systems, similar to that offered to prospective franchisors.
- Dispute resolution. The 80:20 rule applies here – 20% of your network will often give you 80% of the trouble. Rarely is terminating a franchise the best option. We have particular skills in resolution, but we will not drag a serious dispute out to increase our costs. We will tell you what we think your position is and agree an objective for trying to sort it out.
- Resales. Another hot topic. We have a simple package that drives the resale to meet your training dates and uses the purchase price to clear any debts to you from your outgoing franchisee. It is often paid for by the outgoing and incoming franchisees and is therefore usually free to you.
- General counsel. When you need a different perspective on a particular issue, be it something that affects an individual franchisee or the entire network, you often have no one to test it against. The British Franchise Association does offer an admirable discussion forum, but at best only once a quarter. The Ashtons Legal team are here when you need them.