Small business owners can greatly benefit from hiring a business lawyer to handle legal complications. Business lawyers specialize in rules and regulations that can have a direct impact on the business operations. They can provide qualified legal advice, insights, and guidance relating to corporate legal matters.
If you are still not convinced about the reason for hiring a business law attorney for your business, you will change your mind after reading the benefits mentioned in this article.
1. Help in Litigation Cases
From corporate competitors to disgruntled customers, anyone can sue a company for diverse reasons. Common categories of litigation cases include copyright infringement, harassment, discrimination, governmental, and environmental lawsuits.
Whether your goal is to settle cases in order to fight a dispute in the court or settle the matter with the litigator to avoid bad press, a business law attorney can lend a hand. Apart from representing the company, the corporate attorney can represent individual employees in the court.
2. Formation and Dissolution of a Company
Another reason why small business owners should consider hiring a business lawyer is to get legal help in buying and selling a company. Corporate lawyers can provide qualified legal advice relating to the formation of a new business. They can offer legal guidance on formation of different types of businesses.
Whether you want to convert your business to a partnership, limited liability company, or a corporation, the expert advice of a business attorney will prove invaluable in avoiding legal complications and penalties related to business formation. The attorney will provide information about tax implications and liabilities of different kinds of businesses. The lawyer can also help you when you decide to dissolve your business, and can make sure that the legal guidelines are followed when terminating the company.
3. Prepare Documentation
Business attorneys can prepare the required documents in proper formats when buying and selling a business. Once the new business has been formed, the lawyer can file the required reports and forms. They can also help you prepare documentation for filing a patent with the U.S. Patent and Trademark Office (USPTO). The business lawyer will handle all the complexities and legal requirements involved in filing a patent.
Apart from filing the patent, a business lawyer will provide you advice on your rights when your patent application has been approved. You will also know about the restrictions related to the approved patent. In addition, the lawyer will represent your company in the court if anyone violates the patent.
If you are a small business owner looking for qualified legal help you can contact SRG Law Group, an Inland Empire business lawyer. Our team of experienced legal professionals can guide you in all types of business related legal matters.