7 Reasons to Hire An Attorney for Your Business
1. Protect Against Lawsuits ● You can well imagine, having a lawyer can help prevent lawsuits. In reality, if you’re hiring an attorney after you’ve already been sued, it’s probably too late. ● A good lawyer can help reduce the charges, but they can’t protect you from them entirely. Be proactive before a lawsuit occurs, get your legalities in order, and cover all of your bases.
2. Mitigate Damages ● Your business attorney can also help to solve all the legal issues where you can’t protect yourself. ● In order for them to get the best result, however, it’s important that you tell the truth. If you want an honest lawyer, you must be an honest client. Even if the employee was hurt because of something you did, it’s better for your lawyer to learn about it from you, rather than the opposing side’s attorney.
3. Contract Drafting ● Well, If you need to negotiate a contract - whether with a customer, employee, or supplier - it’s important that you have a lawyer present to help with any legalities. A contract that hasn’t been approved by a lawyer can quickly cause problems. ● It’s your job to run a business, not memorize the rules - and if you try to do the contract yourself, you’ll likely miss a few things that could get you in big trouble down the road.
4. Business Incorporation ● Incorporating your business involves more than simply handing over a check and receiving a certificate. You need someone on your side that’s familiar with the process and can get you through it without any legal implications. ● You’re likely not familiar with all the legalities that must be sifted through when incorporating a business, but a good business lawyer will know exactly what to do.
5. State and Federal Compliance ● You’re probably familiar with the fact that state and federal laws are different and have their own procedures to follow. When you incorporate a business, perform business dealings across state lines, take your business overseas, build property, and pay your taxes, there are certain rules and regulations you must observe. ● Even if you’re a wiz at research, as a small business owner, there’s no way you have the time to sift through all of these laws to ensure that you’re complying adequately with each one.
6. Employee Issues ● It's common thing to facing employee-related issues. Here, Your attorney can help you for, those issues are quickly diminished, since they can facilitate the hiring process, administer worker’s compensation, draft up agreements for independent contractors, and help you safely fire employees without legal repercussions. ● The last thing you want on your hands is a lawsuit from an employee, and having an attorney on retainer, whether that’s a business lawyer or a personal injury lawyer, can significantly reduce that risk for your business.
7. Filing for a Patent ● If you’ve developed a new product or service, it’s important that you file for a patent. However, patents are time consuming and expensive, especially if you go about the process yourself. ● Furthermore, they’re often difficult to get approved in a reasonable amount of time without the help of an attorney. Fortunately, an experienced patent attorney can help you get your patent in a timely manner.
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