A description of the PLC Finance service. Click here or call 020 7202 1220 to register your interest in a free trial.
PLC Finance is an innovative web-based legal information service that provides up-to-date and practical guidance on the legal aspects of finance transactions.
Although primarily aimed at transactional and support lawyers working in the area of finance (whether in private practice, in-house or elsewhere), the service will also benefit other professionals working alongside lawyers on finance-related matters.
The service covers the basics of lending (www.practicallaw.com/7-500-3009) and taking security (www.practicallaw.com/1-386-3269) as well as:
The service also covers:
Tax (www.practicallaw.com/9-501-7878) aspects of finance transactions.
Corporate law (www.practicallaw.com/9-501-7878) aspects of finance transactions.
PLC Finance comprises:
Practical legal updates delivered to subscribers by weekly or monthly e-mail, published on the web and available through RSS feed and twitter.
A bank of practice notes, standard documents (with drafting notes), standard clauses, checklists, flowcharts and deal structure diagrams that are available on the web, and are updated as developments occur.
Finance-related articles from PLC Magazine and PLC Cross-border Quarterly.
US trends (www.practicallaw.com/3-502-0505), a legal update highlighting a selection of the latest trends and market developments in the US finance legal market which may be of interest to PLC Finance subscribers.
What's market, a searchable database of corporate finance transactions, which includes summaries of the latest deals as analysed by our editors and links to the underlying public documents.
PLC Glossary defining frequently used legal and commercial terms.
PLC Restructuring and Insolvency webpage which provides up-to-date and practical guidance on the legal aspects of English and international restructuring and insolvency. It is aimed at insolvency and restructuring specialists in both law and accountancy practices and will also benefit specialists in other areas who provide assistance on restructuring and insolvency related matters.
Multi-jurisdictional guides on Finance (www.practicallaw.com/4-500-0026), Capital markets (www.practicallaw.com/1-500-0018), Structured finance and securitisation (www.practicallaw.com/5-500-0016), Restructuring and insolvency (www.practicallaw.com/6-500-0025), Construction and Projects (www.practicallaw.com/7-500-0015), Tax on transactions (www.practicallaw.com/8-500-0010) and Investment funds. (www.practicallaw.com/1-500-0004)
Feedback, if you can't find what you need or have a query about our materials you can send a query to our professional support team and we will do our best to answer your question.
Which lawyer? (www.practicallaw.com/0-384-6732) designed to assist lawyers and clients in identifying finance counsel in 68 jurisdictions.
The updates cover:
Proposed, draft and new UK and EC legislation and regulations.
Significant new cases.
Changes in market practice.
Consultation papers from, and other initiatives by, the EC, UK government and other relevant bodies.
Ask the team (www.practicallaw.com/6-501-9685) updates answering questions of general interest that we have been asked through the feedback service.
They are written by the PLC Finance professional support team (www.practicallaw.com/6-201-7147), who monitor and review all relevant sources daily to identify developments which are of practical significance to the busy practitioner. Unlike other services, we do not simply pass on raw information and we only report on developments which are of practical significance. See PLC Finance: websites monitored for legal update (www.practicallaw.com/0-201-8593) for a list of the websites monitored.
Our updates include:
A summary.
Relevant background information.
An analysis of the practical impact of developments.
They will be complete in themselves, but will include hypertext links to source materials (including transcripts for new cases), other updates and practice notes where appropriate.
You will be able to choose to receive updates by either weekly or monthly e-mail. The most recent items will also feature on the on the PLC Finance homepage. Past updates will be accessible from a fully searchable archive.
The updates can be integrated with subscribers' internal briefings and marketing materials using PLC Annotation.
Practice notes contain concise, practical explanations of the law and practice relating to finance transactions. For experienced lawyers, they provide up-to-date and reliable statements of law and practice, while junior lawyers can use them to gain an understanding of relevant areas not yet acquired through practice.
Practice notes are kept up-to-date by our specialist and experienced professional support team as the relevant law and practice change. A list of practice notes (www.practicallaw.com/0-202-3066) available is on the PLC Finance homepage.
The service includes standard documents (www.practicallaw.com/8-202-3067) and standard clauses (www.practicallaw.com/1-202-3221), with drafting notes and checklists (www.practicallaw.com/6-202-3068) for finance transactions, all available online. They are kept up-to-date by our professional support team as the relevant law and practice change.
The drafting notes give detailed clause by clause guidance on the relevant legal, drafting and negotiating issues.
The standard documents are available in Microsoft Word 6.0 format. They include logical styles and automated numbering, tables of contents and cross-referencing (See How do I use the PLC Word template? (www.practicallaw.com/A16094) ).
Practical Law Company has developed an application allowing Practical Law Company standard documents to be downloaded in a firm's style, saving substantial time for fee-earners and secretaries. For more information, see PLC Firmstyle (www.practicallaw.com/A30700).
PLC Finance provides access to the finance-related feature articles published in PLC Magazine since its launch in 1990. Feature articles can be read on screen in simple text or PDF format, complete with graphics. PLC Finance also publishes finance-related articles from PLC Cross-border Quarterly.
The service is delivered through a web site using advanced technology specifically developed by Practical Law Company to provide a seamless source of managed know-how to the practitioner in an easy-to-access form:
Searching. All the text is fully searchable. You can search either across all material or for selected types of material (for example, standard documents only) or within a specified time period.
Index. Alternatively, you can access information via the headings on the PLC Finance homepage or the PLC topic index.
Links. Frequent hypertext links guide you to further Practical Law Company materials and external sources.
Integration. Subscribers can use PLC Annotation to integrate their own know-how materials closely with those of the service while maintaining confidentiality. For further information, please contact your account manager, or call the PLC helpline (www.practicallaw.com/7-102-1343).
The Practical Law Company professional support team comprises over 100 experienced former practitioners covering a wide range of law. To view their profiles, see PLC professional support team (www.practicallaw.com/4-103-0546).
For details of the members of the team with experience relevant to the Finance service, see, Finance professional support team (www.practicallaw.com/6-201-7147).
The service has a consultation board of leading experts. They will advise on the direction of the service and act as a sounding board on points of law and practice. To view members of the consultation board, see PLC Finance: Consultation board (www.practicallaw.com/6-201-8986).
The service is a cost-effective tool for any lawyer working in the area of finance. It is also beneficial to other professionals working alongside lawyers on finance-related matters.
It helps:
Save lawyers' time and enhance their capacity to do fee-earning and other client-related work.
Improve the quality, speed and accuracy of service to clients.
Bring trainees and recently qualified staff up to speed quickly and effectively.
Allow firms and legal departments with professional support lawyers to focus resources and time on firm and client-specific know-how and finding innovative solutions to new transaction problems instead of routine information gathering.
Attract, maintain and motivate good lawyers.
For further information, please contact our sales department on the Practical Law Company Helpline. (www.practicallaw.com/A17385)