Have a Business? You Need a Business Lawyer
Deciding to start a business takes a lot of hard work and determination. A business comes with numerous challenges to ensure the business’ daily operations runs smoothly and ensure that all aspects of your operations, services, and transactions are legally compliant, which is why it is essential to find a business lawyer to guide you through the process.
Having an attorney who can guide you when managing employee relations, drafting contracts, reviewing contracts, and being able to answer your legal questions is imperative. This article will explain what a business lawyer does and lists some indications that you may need to hire a business lawyer.
What Is a Business Lawyer?
Business lawyers help protect clients from litigation and guide them on the legal aspects of employment law, government regulations, and contracts. There are two types of business attorneys: transactional and litigation.
A business lawyer specializing in transactional law can advise you on starting up and managing your new business. After launching your business, a transactional business lawyer can help ensure that your business complies with state and federal regulations.
If a business lawyer specializes in litigation, they will advocate for you in the courtroom. They protect your financial and business interests when you’ve been sued.
Signs You May Need to Hire a Business Lawyer
Although it may seem costly to hire a business lawyer, having an experienced business lawyer by your side can help you avoid potential legal issues. Here are some signs that it may be time to hire a business lawyer.
Starting a Business
When starting your business, a business attorney can:
- Help you draft articles of incorporation, bylaws, and other documents to establish your business
- Provide legal advice for corporate managers and officers
- Help you determine the type of entity that would best suit your business
- Draft documents and agreements for your business (i.e., contracts, non-compete agreements, confidentiality agreements)
Legal Documents Need Signed or Filed
Contracts and other business documents are legally binding. Therefore, knowing and understanding your obligations and what will happen if the contract is breached before signing the document is essential. Your business lawyer can help you draft and review contracts and other legal documents and can propose changes to keep your business from ending up in a lawsuit in the future.
As your business grows, you’ll need to start hiring more employees. When doing so, there are legal standards to protect employees, and that establish how employees are to be paid and treated.
A business lawyer can help you learn and understand the legal requirements for employees. If an employee believed they were discriminated against, neglected, or wrongfully terminated, you could face a lawsuit. Your business lawyer can advise you on how to avoid these situations.
Employees, suppliers, and customers could threaten a lawsuit for many reasons, including breach of contract, insurance issues, and product liability. When you receive communication from an attorney, your legal counsel will step in to deal with this and attempt to negotiate with the other party to avoid a trial.
You may find that you are having problems collecting payments from customers. Enlisting the services of a debt collection agency can be expensive. Often receiving a letter from an attorney can compel past-due customers to resolve their balances.
Unfortunately, not all employees are honest and trustworthy and may do something such as steal business property, embezzle money from your company, or steal trade secrets. When this happens, your business attorney can protect your interests in court and help collect damages.
They can also defend you if you are accused of stealing ideas, property, or products of another business.
Let Rokita Law Help Protect Your Business
Being a business owner leaves you vulnerable to potential legal issues, whether you know of them or not. Hiring a business lawyer can help protect you and your business from lawsuits. Having a qualified, experienced business attorney at your disposal who can oversee the legalities of your business is crucial.
At Rokita Law, our experienced, reputable attorney will help you find solutions to your legal issues. Amanda Rokita knows firsthand what it’s like to venture into business and loves that she can help small business owners protect their assets. As a client, you can benefit from her creative problem-solving skills and solutions tailored to each client’s specific needs.
If you’re ready to work with an award-winning attorney who will stand up for your best interest to help you achieve your goals, contact us today to schedule a consultation.