Legal counsel to franchise systems have responsibilities that range from drafting and updating UFOCs, to assisting with purchases of new systems, to monitoring legislative and regulatory activity. Which of these services are most needed by franchisors, and how can in-house or outside counsel maximize their value?
IFA Legal Symposium: Franchise CEOs Emphasize Importance of Legal Counsel in Wide Variety of Business Issues
Legal counsel to franchise systems have responsibilities that range from drafting and updating UFOCs, to assisting with purchases of new systems, to monitoring legislative and regulatory activity. Which of these services are most needed by franchisors, and how can in-house or outside counsel maximize their value? A special CEO Roundtable session at the International Franchise Association ('IFA') Legal Symposium in Washington, DC, in May tried to answer some of those questions by bringing together four veteran franchisor CEOs who detailed how they work with inside and outside counsel and where they see legal flashpoints in franchising today.
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