If you’re an entrepreneur looking for assistance to get your company off the ground, some of the tasks a lawyer can help with include: Choosing between an LLC, an S Corp, or another business type Creating a partnership agreement that spells out each party’s contributions and legal rights
Nov 29, 2017 · A business lawyer educates clients on applicable laws and best practices, and represents them when an issue arises. Compliance & Risk Management – New and even established businesses benefit from an experienced business lawyer who can advise on compliance issues and develop systems to monitor and minimize risk.
A business lawyer can help with transactions and business interactions between companies. A lawyer can help to ensure contracts are beneficial and valid with clear wording. Many businesses have at least one lawyer employed to handle these matters.
Jun 01, 2013 · A business attorney can demonstrate to you the way and assist draw up contracts that ensure you, your copartners, workers and the business. Assist with starting open offerings The point when your business grabs speed and you’re certain that the street ahead will accumulate benefit you may choose to open up to the world about an Ipo.
Before we dive deep into business law, let’s answer what might sound like a simple question: what exactly is a lawyer? The truth is there are many, many types of lawyers with different specialties and skills.
To put it simply, Portland business attorneys help business owners solve problems. Perhaps more importantly, business attorneys help business owners understand the problems they’re facing and which problems they might face in the future.
Yes– but only when we need to. Don’t get us wrong – it’s not that our business attorneys aren’t expert litigators who take great pride in representing our clients in court in Oregon and Washington. But often times there’s a better solution to a dispute and save our clients’ valuable time and money.
At JJH Law (as a small business ourselves) we understand the importance of flexible fee structures that allow growing businesses to manage costs effectively. We offer:
As you have just learned, business ventures involve quite a few legal maneuvers and know-how. While entrepreneurs must wear several hats in order to achieve some level of success, sometimes it's best to leave the more complicated matters to the experts. Visit FindLaw's Business and Commercial Lawyer Directory for a qualified attorney near you or learn more about state-specific laws on our closely held business legal answers page.
Many intangible assets of a business should be legally protected. A company's name, logo, brand name, and distinctive goods and services are entitled to copyright protection. Proprietary computer software, semiconductor chip mask designs, vessel hull designs, and many other creations may be eligible for trademark registration. Patents are often thought to cover only machines and other manufactured products, but can also protect processes, such as a method for refining petroleum, or new compositions of matter, such as chemical compounds or mixtures. Trademark, copyright, and patent registrations can help a business protect the things that give it a competitive advantage in the marketplace.
When creating a new business, it is advised to have a lawyer to assist with each step, check paperwork and ensure the right officials and authorities are contacted. However, when the business owner goes against this recommendation, he or she may face potential disaster from the beginning.
Starting up an incorporated business often requires filing articles of incorporation , also called a charter. Some persons believe this is enough to start a business, but there are many other steps that must be completed before the company may be called such and continue to attempt to accrue revenue.
Creating a business through legal means is not difficult, but ensuring the contracts and other documents are valid with clear wording and concise terms may be complicated without the use of a business lawyer.
Business law, or corporate law, is the application of law to the business world. The two are completely intertwined at all times. For that reason, as a business owner you should plan to work closely with a business attorney throughout the life of your company, right from the very start.
A business lawyer can draft your corporate governance documents. Corporate governance documents describe, govern and constrain activity of the business owners. They “set the rules” and tell everyone involved how things should go and what should happen when a particular occasion arises. They are unique to each business.
Succession planning allows all partners to come to an agreement about what will happen when one of the partners retires and leaves the company. Succession planning usually happens when one partner starts thinking about retirement. 5. A business lawyer represents you in litigation.
Generally speaking, business attorneys typically possess a broad range of skills and are thus equipped to handle various types of business-related matters. Some examples of common legal issues that business attorneys may encounter on a daily basis include:
There are many factors to consider when hiring a business attorney. The following list provides some general guidelines that may help when searching for the right business lawyer:
Although not every situation will require the assistance of a business lawyer, there are certain issues where it may be in your best interest to hire a local business lawyer for further legal advice. For instance, you may want to consider retaining a lawyer if you encounter a legal issue that needs to be addressed in court.
However, if your business is subject to a lawsuit, you’ll be relieved that you hired a lawyer. When evaluating lawyers, you should ask a lot ...
1. General Business Lawyer. As the name suggests, a general business lawyer can provide legal advice on a wide range of matters. This type of lawyer has a hand in every legal discipline. If your business doesn’t deal with special circumstances, a general business lawyer may be well suited to your purposes.
It’s well known that hiring a lawyer can be expensive, making it challenging for some small business owners to retain their services. However, if your business is subject to a lawsuit, you’ll be relieved that you hired a lawyer.
In addition, some lawyers are knowledgeable about tax issues, even if they aren’t accountants. They may have handled legal tax matters for other business owners and can make sure you don’t run into the same issues.
People sometimes wonder what types of lawyers are available to them. Lawyers often specialize in either business law or personal law. For this reason, you should search for lawyers who have business law experience.
Employment and Labor Lawyer. Using an employment and labor lawyer only makes sense when your business has employees. If it does, your business should comply with state and federal laws. An attorney in this area of the law can help you draft employee manuals and ensure safety standards are in place.
When you buy and sell businesses, you’ll negotiate for the property and assets of those businesses. It may not always be clear what you’re entitled to during these negotiations. It pays to have a mergers and acquisitions (M&A) lawyer representing your interests in the transactions.