While many feel they need to be represented by an attorney when there is a problem, this is not the only reason you need one — especially if you have a business or starting one. In fact, two of the first people you need to hire for your business would be a lawyer and an accountant. Hiring an attorney to represent your business later is not a good idea. While you would want to spend less, especially during a start up, a lawyer can keep you out of trouble before it even happens.
Many budding entrepreneurs start a new company thinking all that matters would be marketing and management skills. While these are essential to any organization, the legal side of the trade is important, as well.
You don’t need a lawyer for everything, though. Miller & Steiert, P.C. lists some of the instances when a business attorney can help you:
- You have received a complaint from the federal, state, or local government – Anything you say (or write) can and will be used against you. So, you need to show the complaint to your lawyer and have him help you respond.
- Environmental issues concerning your business – A lawyer can provide the appropriate provisions that state you are following environmental codes.
- A current or former employee files a lawsuit against you – Your business lawyer can help you resolve legal complaints filed by employees, ex-employees, or anyone who may have something to do with your enterprise.
- Selling your company – An attorney can discuss the laws regarding business ownership.
- Contracts (pre-employment, sales and service, etc.) – You don’t want any loopholes in your contract. Having a lawyer draft it for you might just save you from a lawsuit waiting to happen. Like they say, an ounce of prevention is better than a pound of cure.
Of course, you would want to choose specific tasks for your lawyer. It’s important to know what legal services you will be needing from them.