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GLS Shareholder Resolutions™ (All)
Access our entire suite of shareholder resolutions
The Problem
Your team, like most legal teams, can easily get bogged down with company secretarial resolution grind.
Related challenges include:
- fact - no one likes doing corporate secretarial work
- corp sec work, whilst extremely dull, is important
- no one gets recognized for doing corp. sec well
- corp sec personnel churn rate is typically high as work is dull
- corp sec tends to be a career killer - no one wants to do it
Wouldn't it be great if you can get this work type done with a click of a few buttons? And then get back to the more interesting and important stuff?
The GLS Solution
GLS Shareholder Resolutions™ (All) provides you access to a bank of extremely useful and commonly used corporate secretarial templates to hep bring efficiency to your corp sec function.
Your corp sec team will now have the ability to swiftly prepare, shareholder resolutions for:
- Adopt Audited Accounts
- Amend Constitution
- Appoint an Auditor
- Appoint a New Director
- Approve a Share Transfer
- Change of Company Name
- Declaration of Dividends
- Entry into a Commercial Agreement
- Granting a POA
- Issue & Allotment of Shares
- Entry into a Loan Agreement
- Opening a New Bank Account
Your approach to corporate secretarial work can become more responsive, standardized and proactive. These tools will allow you to delegate appropriate tasks to more junior team members with far greater ease.
Whilst we cannot make this dull areas of legal compliance responsibilities go away - we can at least make it far more efficient for you to address.
Problem Solved.
Pricing Comparison
| Big Law Review | US Rate | GLS Cost | Minutes |
|---|---|---|---|
| Partner | $850 | $792 | 55min |
| Senior Associate | $640 | $792 | 74min |
| Blended | $520 | $792 | 91min |
| Associate | $480 | $792 | 99min |
| Junior Associate | $400 | $792 | 118min |
GLS RPLV Legal Operations Score
This solution’s GLS RPLV impact score:
| Resource Status: | Specialist | Repeater | Formative |
| Ease of Implementation: | Complex | Average | Easy |
| Value Demonstration/Visibility: | Low | Medium | High |
| Productivity Leverage Profile: | Low | Medium | High |
| IHL Line Optimisation: | Single | Multiple | All Lines |
IHL Critical Function Optimisation Targets
This solution enhances performance across the following critical in-house functions:
In-House Legal: Critical Functions / Processes
Co. Sec.
GLS has identified 15 critical in-house processes/functions that are present in every world-class legal department. To learn what these functions are, their composition and how they interrelate to deliver efficient legal team performance outcomes - visit here.
