entity life cycle

GRH Law offers enterprise level legal services in entity formation, founder compensation, intellectual capital acquisition, and regulatory compliance.

The foundation of GRH Law services is a centralized, web based entity life cycle knowledge management system. This provides your business with an online dashboard for management, analysis, and reporting of governing documents, ownership records, and compliance information.

GRH Law automates the entity life cycle process with a state of the art cloud based infrastructure that offers secure online transactions, automates costly processes, and reduces contract processing time, resulting in significant savings for our clients.

 

phases of entity life cycle

Phase 1  Structuring

Phase 2  Regulatory Qualification

Phase 3  Employees and Consultants

Phase 4  Financing

Phase 5  Exit Strategy (moving to the next level)

 

case in point: accelerating 75 signatures

Recently GRH Law helped form four new companies – through the coordination and completion of a series of transactions that required a total of 75 signatures.

The challenge here was to have documents and contracts signed within a one-month time frame, by different groups of people (four business owners and others) – all working from different locations.

Utilizing a secure online document management system, GRH set-up an automated system that sent each contract from one signer to the next, requesting electronic signatures. Updates and tracking reminders were automatically issued to keep signers aware of progress and status to date. Each signer received a record and copy of the contracts with final signed documents stored in the centralized document management system.

A signature event of this size and complexity could take over a year to complete with the paper based system that many large law firms utilize today.  The process would require a number of time consuming activities including, handling of pdf files, faxes or overnight packages with papers that need to be signed and returned.

By centralizing and automating this 75 signature event with a secure and highly efficient technology infrastructure, GRH Law helped these business owners accelerate the entity formation process while saving time and costs.