What Should You Know About The Types Of Attorneys Suitable For A Business?
Similar to doctors, lawyers these days are also turning out to be specialized. For instance, a lawyer specialized in house closings, wills and other non-business matters, might not suit your business. When you hire a business lawyer, it is better to check whether the lawyer possesses the following skills:
Contracts: You should be particular about hiring a lawyer, who can rightly understand your business at a faster pace. The lawyer should be in a position to guide you with the preparation of standard form business contracts that you will enter into with customers, suppliers and clients. The professional should be able to respond to contracts that other people will wish you to sign. Business Associations: A good business lawyer will help you decide whether a limited liability company or a corporation is the better option for you to associate your business with. Also, the right lawyer will guide you with the essential paperwork. Real Estate: For any business, leasing commercial spaces like retail stores and offices is something highly complex. The reason is that these agreements are generally drafted for the benefit of the landlord. As these agreements are in printed form, you might think that you cannot negotiate on them. Nevertheless, a business attorney can negotiate with the landlord to make sure that the provisions of the agreement will benefit you. The attorney will negotiate with the landlord to add the terms in the printed form of the lease document. Licenses and taxes: Of course, your business accountant will prepare and file the tax returns for your business every year. Then, where comes the help of a lawyer? The lawyer will be aware of the terms to follow to register your business for the state and federal tax identification numbers. Even, the professional will guide you with tax consequences of business transactions in which your business has planned to engage.
Intellectual property: If you are in a media, design or other creative-type business, your lawyer will be in a position to help you with the registration of your product and services for copyright protection and federal trademark.
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