If you own or are starting a business, then you haveencountered hundreds of questions along the way, including, “Do I need a business lawyer?” While there are many concerns over the cost of having a trusty business attorney on your team, the truth of the matter is that building a relationship with a legal professional can save you money and help your business in the long run.
Do You Need to Have a Business Lawyer on Your Side?
As a savvy business owner, you want your bases covered for any given situation, so it makes sense to have a trusted business lawyer on your team versus contacting one only when a serious legal problem arises.
There are many times throughout business ownership where the services of a business lawyer are necessary, including:
- Former or current employees are suing on the grounds of discrimination during hiring or firing, or in a work environment
- Local, state or federal government entities have filed complaints or are investigating your business for law violations
- Your business is involved in an environmental issue
- You are negotiating the sale of your business, or for the acquisition of another company
- You want to allocate profits and losses, or contribute appreciated property to an LLC or partnership
If you’re just starting your business, you’ll need a business lawyer when:
- Navigating the forms and requirements of legal documents (e.g. incorporation documents)
- Attempting to trademark your business name, looking into legal structures and preparing incorporation forms
- You want custom legal documents made for you and your specific business
What Does a Business Lawyer Do?
A lawyer who specializes in business law has the skills and experience you need to start and run your business the right way and keep ahead of any potential legal issues. A business lawyer can give advice about how to start and manage a business, from small to large. Acquiring other businesses and ensuring your existing one complies with regulations are among a business lawyer’s set of skills.
Business lawyers can also represent you in court if you’re ever sued or need to sue someone else. If a contract or other type of legal document is violated, a business attorney will be there to see you through and ensure your business is protected. Additionally, business lawyers can guide you through complicated laws and draft and review business agreements.
Get Help for Every Branch of Business Law
At the law offices of Kris Mukherji, we not only specialize in business law but also in the specific branches of running a business, including:
- Buying and selling a business
- Business entity formation
- Business litigation and conflict resolution
Whether you have a specific business law question, you have encountered a legal problem, or you’re just starting out and aren’t sure where to begin, contact our team today for an expert business lawyer.
Happy to answer your questions!
Kris Mukherji, Esp