Rolling document updates on offer

A service was launched last week offering companies legal documents for business use which will be updated on a rolling basis to account for changes to the law.The Legal Document Company is the brainchild of solicitor Stephen Kimbell of Milton Keynes firm Kimbell & Co.

The company will establish legal documents for companies that have none, or adapt those that companies may already have, and in both cases will update them.The Legal Document Company has just completed a five-month pilot for the project.

It aims to reduce solicitors' costs for companies and enable them to rest assured that they are not missing vital pitfalls in their contracts when the law changes.Brian Eyers, the company's managing director, said: 'The cost of reviewing and rewriting all affected contracts [when there is a big change in law] is enormous, and this is added to by the cost of reprinting stationery.'A ten-document suite taken out with the company costs 200 plus VAT per month for a three or seven-year subscription.

Jeremy Fleming