You’ve set your mind to starting a small- or medium-scale business, but you haven’t decided if you should hire (and retain) a corporate law attorney now or just hire in the near future in case you find yourself requiring the assistance of one.
Here are the reasons why you should consider hiring one now:
Business Formation and Registration
You would need to have your business registered to make it legal and this is where a corporate law attorney can prove invaluable. They can advise you of the legal paperwork, licenses, and permits that you need for the business.
Contracts are an almost fail-safe mechanism in protecting all parties involved in the business. A corporate law attorney will look for any legal loopholes in the contract and negotiate on your behalf for any amendments to the contract as needed.
Organizations and Partnerships
The best way to start a business is to make sure that all the legal foundations are in place. A good corporate law attorney would be the best source of information.
They can guide you through the legalities that need to be met by your organization. If you plan on partnering with another business, they can craft and review contracts to make sure that there are no hidden issues that might lead to future litigation.
Keep in mind that the owner of the establishment or property that you are leasing is also out to make a profit. A corporate law attorney will closely study the contract details to make sure that you are signing your name on a legitimate contract.
Intellectual Property Rights
Corporate law attorneys have a network of resources to check if you are accidentally infringing on another’s intellectual property, which saves you from future litigation.
Employer Employee Concerns
A good corporate law attorney can look at potential employee issues and nip them in the bud even before the issue happens. They are well-versed with the law that governs employees and individual contractors.
There are more reasons to why you should hire a corporate law attorney, but we don’t want to bore you with the details. Contact us now at New York & New Jersey Law Firm to see how we can help.