Video | Agriculture | Confidence | Economy | Energy | Employment | Finance | Media | Property | RBNZ | Science | SOEs | Tax | Technology | Telecoms | Tourism | Transport | Search

 


Mirimar Legal Redefines Property Legal Practices

MEDIA RELEASE
September 30, 2002


Mirimar Legal Redefines Legal Practices For Property Market

Specialist property legal firm Mirimar Legal has successfully redefined the way traditional law is practiced to better meet the needs of New Zealand’s prospering property industry.

Mirimar Legal is one of the first law firms in the country to find alternatives to the cliched hourly-rate’ and has developed a systems-dependent business to provide clients with predictable and consistent legal fees, shorter turnaround times and highly specialised property legal services.

Mirimar Legal assesses each new piece of legal work and prepares a budget estimate for the client before any legal work is carried out offering clients a per transaction cost rather than a ‘ball-park’ hourly-rate figure.

Managing partner of Mirimar Legal, Bradley Watson, says this provides the client with a known fee up-front and assists in more accurate budgeting.

“In today’s property market hidden costs are the killer of many investments, deals, home purchasers, and ventures,” Bradley says. “And our philosophy of being straight-up with clients has proven extremely successful.”

Due to this philosophy, as well as the significant changes in the property industry,
Mirimar Legal’s property division has grown threefold in the past two years.

“Since 1998, we have seen dramatic growth in the property market, in both commercial and residential arenas,” Bradley says.

“This growth has attracted many new developers and investors into the industry, and increased competition means developers and investors must work to tighter budgets and shorter timeframes, and legalities of such transactions have become more critical to ensuring success.”

“Two years ago there was an obvious gap in the market place for Mirimar Legal to better meet these new demands of the property industry by adopting a per deal fixed fee and develop systems to speed up the document formation process,” he says.

The firm uses leading-edge precedence software to assemble legal documents allowing the Mirimar Legal team to spend more time with each client strategising and advising on deals rather than on lengthy paperwork.

Furthermore, Mirimar Legal’s modern business philosophy is revolutionising the way clients put deals together.

“We realise law is only one aspect of any personal or business deal and to be successful you must operate with other professional services as a team,” Bradley says.

“We work closely with accountants, real estate agents, financiers and developers to offer clients with a ‘one-stop-shop’ package of legal services ensuring at all times that any venture is structured correctly, is tax effective and is protected.”

Mirimar Legal also has expertise in commercial law with over 20 years of business experience and can advise on company law, family law, trust and taxation planning, and estates.

Mirimar Legal’s specialised property legal services include residential conveyancing, subdivisions, development, commercial leasing, business structuring and finance.

The firm also offers skilled-counsel in areas of litigation ranging from resource management to planning.

ENDS

© Scoop Media

 
 
 
 
 
Business Headlines | Sci-Tech Headlines

 

Nurofen Promotion: Reckitt Benckiser To Plead Guilty To Misleading Ads

Reckitt Benckiser (New Zealand) intends to plead guilty to charges of misleading consumers over the way it promoted a range of Nurofen products, the Commerce Commission says. More>>

ALSO:

Half A Billion Accounts: Yahoo Confirms Huge Data Breach

The account information may have included names, email addresses, telephone numbers, dates of birth, hashed passwords (the vast majority with bcrypt) and, in some cases, encrypted or unencrypted security questions and answers. More>>

Rural Branches: Westpac To Close 19 Branches, ANZ Looks At 7

Westpac confirms it will close nineteen branches across the country; ANZ closes its Ngaruawahia branch and is consulting on plans to close six more branches; The bank workers union says many of its members are nervous about their futures and asking ... More>>

Interest Rates: RBNZ's Wheeler Keeps OCR At 2%

Reserve Bank governor Graeme Wheeler kept the official cash rate at 2 percent and said more easing will be needed to get inflation back within the target band. More>>

ALSO:

Half Full: Fonterra Raises Forecast Payout As Global Supply Shrinks

Fonterra Cooperative Group, the dairy processor which will announce annual earnings tomorrow, hiked its forecast payout to farmers by 50 cents per kilogram of milk solids as global supply continues to decline, helping prop up dairy prices. More>>

ALSO:

Results:

Meat Trade: Silver Fern Farms Gets Green Light For Shanghai Maling Deal

The government has given the green light for China's Shanghai Maling Aquarius to acquire half of Silver Fern Farms, New Zealand's biggest meat company, with ministers satisfied it will deliver "substantial and identifiable benefit". More>>

ALSO:

Get More From Scoop

 
 
 
 
 
 
 
 
 
Business
Search Scoop  
 
 
Powered by Vodafone
NZ independent news