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    by Net Pro Referral
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  • 17 May 2018

Reasons to Hire An Attorney for Your Business

Hire An Attorney
Whether you own a small business or a large enterprise, the two professionals you often need are- A Lawyer and an accountant. Both of these play there separate yet important role like Accountant helps you to set up a chart of accounts, prepare all-important local, state and federal tax returns

Importance of a Business Lawyer:


The need for the business lawyer comes from the fact that there are a number of business laws that are mandatory for businesses to follow.

The different types of laws involved in the business are:


● Business contracts


● Hiring and Employment laws


● Environmental laws


● Intellectual property laws


● License and permit laws


● Zoning laws


How a Lawyer Can Help Your Business:


When it comes to the importance of a business lawyer, his role is to provide you guidance regarding all the legal aspects related to your business. From basic area compliance with trademark and copyright, it’s a business attorney who can help. Other than this, there is a wide assortment of reasons you need to hire an attorney for your business. Let’s shed some light on those

Importance of a Business Lawyer:


The need for the business lawyer comes from the fact that there are a number of business laws that are mandatory for businesses to follow. The different types of laws involved in the business are-

● Business contracts


● Hiring and Employment laws


● Environmental laws


● Intellectual property laws


● License and permit laws


● Zoning laws


How a Lawyer Can Help Your Business:


Having a lawyer by your side can help you in many ways. It will not just provide a right legal way dealing with the various situation, but also add value to your business. Here are a few aspects to know when and why to hire a business lawyer. Let’s have a look-

1. Safeguard Against Lawsuits


Having a good lawyer can help avoid lawsuits. It is always suggested to hire an attorney before waiting to get sued. A good lawyer can help you to avoid all the legal complications you will probably to meet in the near future.

2. State and Federal Compliance


The laws of State and Federal are different and they have their own process to follow. When you start a business, you’ve to take care of both the laws. Whether it is taking your business overseas, paying your taxes, or building property, you must follow the rules and regulations of both- State and Federal. Here, a business lawyer can help!

3. Employee-related issues


In every workplace, employee issues are very common. It leaves you low on money or shorthanded sometimes. But, if you have a business lawyer by your side, those problems are instantly sorted out. These issues are usually related to worker’s compensation, hiring process, drafting agreements for independent contractors etc.

4. For Drafting contracts


Whether you need to draft or negotiate a business contract with an employee, supplier or a customer, a lawyer is a helping hand. If your contract has not been checked or approved by the contractor, you might fall into some problem. So, if you are running a business, ensure you have discussed and taken guidance from a good business lawyer.

5. For filing a patent


Suppose you developed a new service or product, so, it becomes important for you to file a patent. Although, this is one of the most expensive and time-consuming things if you have to do it on your own. But if you hire an attorney, you can easily get your patent timely, without breaking your bank.

6. Buying or selling a business


The importance of hiring a corporate business lawyer is not hidden. A good lawyer can also help you in the process of buying or selling a property. From getting the right value of the business, writing an acquisition, to transferring licenses and permits, a good lawyer helps you to get the most from a business.

7. Mitigate Damages


A corporate business lawyer can also guide you to lessen the damages you face in the lawsuit. To get the best outcomes, it’s crucial, to tell the truth right away. If you want an honest attorney, be an honest client. The role of the attorney is to help you mitigate the damages. As if the employee gets hurt because of the employer, it’s better for the employer attorney to know the whole incident from you only.

8. Protecting rights of Intellectual Property


Every businessman wants to protect the brand and goodwill of a company. If you create a logo that represents your business, it is important to consult an attorney about registering a trademark. A good business lawyer can guide you through the necessary steps to protect your proprietary information as well as trade secrets.

9. Licencing


A business owner has to deal with many important things such as patents and copyright. If your business doesn’t have the proper license, you could have ended up with legal battles and cases. A good attorney makes sure you won’t face any.

10. Restructuring


The business lawyer helps in restructuring in the form of taxes and licenses to terminating an employee like a COO or a CFO to handle a major emergency with stockholders or board of directors. A decent lawyer can help facilitate the strains on everybody included.

To sum up:


While you might not need a lawyer always to navigate the complete journey of your business. But yes, there is an importance of hiring a lawyer for business in many stages. Although, the importance of business law attorneys is not only limited to provide legal services but take care of all the elements related to it. Therefore, it is recommended, to hire a good and knowledgeable business attorney at the basic stage of your business to avoid any sort of future legal complications in the future.
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