Regulatory: what it is and why you need it
What is a regulated sector?
Regulatory advice, also known as the Law of Regulated Sectors, has been incorporated for a few years into the portfolio of services of high-level firms. In this post we explain WHAT IS, WHY and HOW WE DO IT IN LHM LEGAL and HOW WE CAN HELP YOU
What is it?
It consists in helping the client to face the risk of constant change and with minimal periods of adaptation that prevent him from adapting to the rules of the game in time in those markets subject to strong regulation by the State. These markets are the “regulated sectors”, a concept that includes areas such as energy, gas and hydrocarbons, telecommunications, water or transport, and which coincide with those former state monopolies that have been liberalized, so that there are now needs for the provision of services. essential public services with the liberalization of the sector and entry of companies in free market, thus generating conflicts between the exercise of the activity in free competition and compliance with all legal requirements.
Why do we do it?
Because in our years of experience advising companies that deal with the “regulatory risk”, we have detected that in these highly regulated areas only large companies and multinationals can access legal services at the height of their circumstances, while SMEs On the contrary, they find it more difficult to access this specialized advice, and yet they need it if they wish to be viable over time.
How do we do it in LHM LEGAL?
Our specialization in regulated sectors allows us to anticipate and manage change, the key to our success being the exhaustive monitoring of all legislation and regulatory reforms, and how they affect the specific situations of our clients.
To do this, we prepare reports, informative content notes and construct strategies that take into account the Law and the Economy for business viability. This process is implemented in three phases:
We help you make the initial decision: if you are going to start, if you have recently started a business activity in a regulated sector, or simply if you have just detected a lack of legal advice in the market in which you operate, you need all the information. According to your circumstances, you must ensure that you comply with all administrative requirements and minimize your regulatory risk.
We prevent: avoiding that you enter in conflict with the Administrations and institutions and very specifically with the regulating organisms of your market.
Resolve: if a conflict arises that must be solved by way of negotiation, arbitration or in the courts of Justice, you are still with the experts you need. Not every regulatory change is legitimate and sometimes you will be entitled to compensation or compensation.
Why choose us.
Because the philosophy of the firm is to contribute to the success of SMEs in the regulated sectors at a reasonable cost, and because you can find yourself when you read this article in any of the following situations:
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