People.

International Toy Company.

Project: The customer’s initial requirement was a Chinese speaking general commercial consultant as a maternity cover to support their global sourcing business. They also underlined their need for a cost-effective solution.

Solution: We provided the customer with a few consultants to consider, but they ultimately went for a non-Chinese speaking consultant, mainly due to the high quality of the consultant’s experience. The consultant was on a six-month contract which was later extended for another 3 months. Following two successful assignments, the customer decided to employ the consultant on a permanent basis. All our consultants are meticulously selected ensuring they are of high quality and can add significant value as an extension of your legal team.

Multinational Australian Bank.

Project: The customer needed a partner on an ongoing basis for; 1) extra capacity to cover overflow work, 2) specific legal expertise for a legal project outside their teams practice areas.

Solutions: Over the three years we have worked with the customer, we have provided four consultants with varying levels of experience and expertise to support the in-house team.  A technology and procurement specialist, an experienced corporate lawyer and a senior general commercial expert – to  streamline and rationalise its function. All the consultants were selected based on the customer's specific legal needs and understanding the cultural fit within the team and business.

E-Commerce Fashion Retailer.

Project: This start-up customer required the expertise of a legal consultant at an affordable price and on a flexible basis immediately to assist with their capital raising, general commercial matters and ad hoc work, as and when it came up.  They’d previously used a permanent in-house counsel but the need to cost ratio had become too much.

Solution: We provided the customer with a mid-level consultant who worked in a variety of ways.  For the first year, they worked three days a week and with some full-time periods where work required it (i.e. capital raising) and in the second year on a monthly retainer basis (also with some full-time periods).  The consultant worked at the customer's office and virtually – providing a lot of flexibility. We conducted a cost analysis of using a KorumLegal consultant which projected a HK$5,000,000 saving when compared to average Hong Kong law firm rate (with the consultant working 3 days per week over 12 months) and a projected HK$600,000 saving when compared to a full-time in-house counsel.   Our innovative solution, being both cost-effective and flexible, has been a significant value-add resource for the client.