Welcome to another episode of the Moorcrofts Means Business Podcast!

In this episode of the Moorcrofts Means Business podcast, Corporate Partner Will Pearce is joined by Employment Partner Lindsey Abbott to discuss due diligence in employment when buying or selling a company. They explore the key considerations and practical steps businesses should take when reviewing employment practices as part of a business acquisition or sale.

Key discussion points include:

• What is employment due diligence? Key areas to scrutinise during the due diligence process when buying or selling a company.
• Assessing compliance: How to evaluate a company’s compliance with employment laws and regulations and identify common compliance issues.
• Employee contracts and agreements: Key clauses and terms to review in employee contracts to avoid legal surprises.
• Workplace culture: How to assess a company’s workplace culture and employee satisfaction during due diligence, and why it matters for a successful transaction.
• Employee benefits and compensation: Key factors to examine regarding employee benefits and compensation structures, and how discrepancies can impact a transaction.
• Diversity, equity, and inclusion: Why reviewing diversity, equity, and inclusion practices is crucial in the due diligence process, and how to ensure alignment with company values.
• Past disputes and legal actions: Key considerations for reviewing past employment disputes and how they can affect the due diligence process.
• Recruitment and retention strategies: Evaluating a company’s recruitment and retention strategies and their importance during due diligence.
• Preparing documentation: Best practices for preparing and presenting employment documentation for due diligence reviews.
• Proactive compliance and risk management: Steps companies can take to ensure robust employment practices and mitigate risks before a sale or acquisition.

Tune in to this episode for expert guidance on employment due diligence during the buying and selling process. Whether you're preparing for an acquisition, sale, or simply looking to ensure your employment practices are in top shape, this episode offers key insights to help you navigate potential risks and ensure a smooth transaction.