Many entrepreneurs and business owners are unsure when to hire a business attorney. The primary role of a business attorney is to solve problems before they arise. If you, or your business, find yourself in one of the categories below, you should definitely consult a business attorney
1. You are Forming a New Business
New businesses face a myriad of challenges. With the help of a business attorney, the attorney can ensure that your business gets up and running as quickly as possible. The attorney can help with every step of the process from selecting a business name to obtaining all the necessary licensing your business may require.
2. You are Purchasing a New Business
Mergers and acquisitions can be a substantial process that can involve extensive back and forth between various parties. Simply put, there are a lot of moving parts to execute a successful merger or acquisition. Do not risk something important go unnoticed. Let a business attorney handle the transaction to ensure a complete and smooth merger.
3. You are Planning Your Business Succession
As people grow and change, their business ideals can grow and change as well. It is important to consult with a business attorney to ensure that your business not only begins but continues to grow and develop as you seem fit.
4. You need Legal Advice
Business attorneys genuinely love all matters relating to business. Whether this be drafting an employment contract, negotiating a settlement, or just general legal advice, business attorneys are more than happy to ensure your legal liabilities are minimized to the fullest extent possible. Do not risk making a business decision that could have negative legal ramifications. Consult an attorney to ensure your business is protected.
5. You, or Your Business, is Being Sued
While business attorneys strive to prevent litigation, sometimes litigation is unavoidable. Because business attorneys offer a wide variety of non-litigation services, business lawyers are primed with the tools and knowledge to zealously advocate on your behalf. Let a professional business attorney advocate for you to ensure the greatest possible outcome for your legal situation.If you or your business is experiencing any of the above mentioned, consult a business attorney immediately. The goal of business attorneys is to limit and prevent problems before they happen. You cannot consult a business attorney too early.