There are times when a business faces issues that are too complex, time consuming, or contain too many liability issues. During these times it is most wise to retain a lawyer. Business lawyers are simply professionals who have experience with and knowledge of issues surrounding the starting and running of a business.
Most of the time your business will run fine without the need of an attorney. Many business owners have enough knowledge to file corporation papers, deal with tax issues and general business contracts. These are not the situations we will be discussing .
The top 5 situations where you should retain a lawyer are :
When you have a former, current, or prospective employees who is suing you or your company on the grounds of a hostile work environment, discrimination in hiring or firing.
If you have local, state, or federal government organizations investigating or filing complaints on your business for violation of any laws.
Should you have an environmental issue that arises and your business is involved. Even if your business didn’t cause the environmental problem, you may still be found at fault during the investigation process.
If you would like to move a portion of profits and losses or you want to contribute appreciated property to your partnership or LLC agreement.
And finally, a business attorney should be retained for negotiating the sale or your company or for the purchase of another company or its assets
By taking the time to bring an attorney in to assist you early, you will likely save time and additional resources in case any of these situations do not turn in your favor. If you would like to call to discuss a situation that you may be experiencing please give Tindall Law Firm a call to schedule your consultation at 866-488-8625