Uploaded on Mar 12, 2020
As a business owner, for operating your business, Why should hire an attorney? Here I put 7 reasons that help you to know about the importance of an attorney. Having a good attorney can provide incredible value to your business, namely in helping to protect you from legal implications. Here I mention some of the topics like Protect Against Lawsuits, Contract Drafting, Business Incorporation, State and Federal Compliance, etc. For more info: https://www.ahlawatassociates.com/
7 Reasons to Hire An Attorney for Your Business
7 Reasons to Hire An
Attorney for Your
Business
1. Protect Against Lawsuits
●
You can well imagine, having a lawyer can help prevent lawsuits. In reality, if you’re hiring an attorney after you’ve already been sued, it’s probably too
late.
● A good lawyer can help reduce the charges, but they can’t protect you from
them entirely. Be proactive before a lawsuit occurs, get your legalities in
order, and cover all of your bases.
2. Mitigate Damages
● Your business attorney can also help to solve all the legal issues where you
can’t protect yourself.
● In order for them to get the best result, however, it’s important that you tell
the truth. If you want an honest lawyer, you must be an honest client. Even
if the employee was hurt because of something you did, it’s better for your
lawyer to learn about it from you, rather than the opposing side’s attorney.
3. Contract Drafting
● Well, If you need to negotiate a contract - whether with a customer,
employee, or supplier - it’s important that you have a lawyer present to
help with any legalities. A contract that hasn’t been approved by a lawyer
can quickly cause problems.
● It’s your job to run a business, not memorize the rules - and if you try to do
the contract yourself, you’ll likely miss a few things that could get you in big
trouble down the road.
4. Business Incorporation
● Incorporating your business involves more than simply handing over a
check and receiving a certificate. You need someone on your side that’s
familiar with the process and can get you through it without any legal
implications.
● You’re likely not familiar with all the legalities that must be sifted through
when incorporating a business, but a good business lawyer will know
exactly what to do.
5. State and Federal Compliance
● You’re probably familiar with the fact that state and federal laws are
different and have their own procedures to follow. When you incorporate a
business, perform business dealings across state lines, take your business
overseas, build property, and pay your taxes, there are certain rules and
regulations you must observe.
● Even if you’re a wiz at research, as a small business owner, there’s no way
you have the time to sift through all of these laws to ensure that you’re
complying adequately with each one.
6. Employee Issues
● It's common thing to facing employee-related issues. Here, Your attorney
can help you for, those issues are quickly diminished, since they can
facilitate the hiring process, administer worker’s compensation, draft up
agreements for independent contractors, and help you safely fire
employees without legal repercussions.
● The last thing you want on your hands is a lawsuit from an employee, and
having an attorney on retainer, whether that’s a business lawyer or a
personal injury lawyer, can significantly reduce that risk for your business.
7. Filing for a Patent
● If you’ve developed a new product or service, it’s important that you file for a
patent. However, patents are time consuming and expensive, especially if you
go about the process yourself.
● Furthermore, they’re often difficult to get approved in a reasonable amount of
time without the help of an attorney. Fortunately, an experienced patent
attorney can help you get your patent in a timely manner.
Contact Us
We are always happy to make valuable new contacts.
www.ahlawatassociates.com [email protected]
A-33, Lower Ground Floor,
011-41023400 Defence Colony,
New Delhi – 110024, India.
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