Progeny's "Club Med" model
Progeny launches legal and employee management support service offering transparency and fixed fees.
Progeny Corporate Law, the corporate legal services arm of the Progeny Group, has announced the introduction of “Club Legal by Progeny”, a transparent fixed fee subscription service giving businesses unrestricted access to corporate legal support. Progeny say they decided to offer the service because today’s corporates are facing increasing challenges to balance their requirement for ongoing legal support, while reducing overheads and focusing on the businesses’ overall bottom line.
Club Legal’s subscription model offers a range of packages to serve listed companies, private equity funds, start-ups and owner-managed businesses with a guarantee that costs can’t spiral out of control. Through a recurring annual-fixed fee, the subscriber can benefit from a tailored package of services from Progeny’s qualified and experienced lawyers; from routine corporate commercial and employee management advice, to more complex guidance on the likes of reorganisations, TUPE, mergers and acquisitions and commercial property transactions.
Zee Hussain, director of Progeny Corporate Law, commented “In this increasingly cost driven corporate environment, especially for mid-tier companies, there has never been more need for access to qualified legal advice under a transparent, fixed-fee subscription service. For many scenarios, subscribed access to a tailored selection of services will be the most efficient and transparent fee arrangement on offer. At Progeny we appreciate the need to understand our clients and this is what many are looking for.”