New joint venture to help navigate Covid-19 business challenges

Raea Khan (left) and Ron Thomsen (right) who are heading up the JV on behalf of the two firms.

A new joint venture established on the Central Coast is aimed at helping businesses navigate the increasingly complex regulatory and legal situations surrounding COVID-19 and the business world in general.

Leading commercial law firm, Priority Business Lawyers (PBL), and One Direct Advisory (ODA), a business advisory firm, will work side by side, sharing resources and blending skills to position clients across the Central Coast, Sydney and Newcastle for success.

Clients will benefit from Priority Business Lawyers’ expertise in property, business law, and litigation and One Direct Advisory’s wealth of knowledge in business strategy, finance, corporate structuring, governance and HR advice.

The venture will be led by Priority Business Lawyers Managing Director, Raea Khan, and One Direct Advisory Chairman and principal advisor, Ron Thomsen.

It will be staffed by existing advisors, lawyers and support staff from both businesses.

Khan said the new venture would provide comprehensive advice to assist clients in positioning their business for success.

“We understand that businesses change over time and the advice we provide needs to follow accordingly,” he said.

“One Direct Advisory has an excellent reputation for providing quality advice on a wide range of advisory products, which complements our current legal-focused offering.”

Thomsen said the joint venture could see services elevated into the broader, and potentially national market.

“The combination of distinct advisory strengths will play an essential role to businesses in this current climate, offering holistic advice pertaining to a multitude of challenges that clients might be facing,” he said.

“We are both relationship-based professional services and are excited to offer a single point of contact to our clients for wide ranging professional services.”

Source:
Media release, May 25
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