Do you own a business? Whether it is already thriving or it is just a startup, you might need the services of a lawyer to help you deal with a wide range of legal issues. Business owners always start their businesses with the hope that they will have profits, a wide clientele and a lot of connections. Sometimes, they do not anticipate the legal issues that might arise, for example, should their business be sued or even wound up.
If you own a business in the US, finding a lawyer who specialises in business and litigation is an important part of ensuring you address any legal issues as they arise. Here are some reasons why you need a business litigation attorney in your corner.
Protection against lawsuits
When it comes to picking a lawyer, most business owners start doing this too late, usually when they get into trouble with the law. The best time to hire a lawyer is at the start of your business so that you get legal advice and avoid lawsuits in the first place. Covering your bases before trouble comes knocking will save you the need to spend even more money running around looking for a lawyer when it is too late.
Legal drafting
Another reason why you might need the services of a lawyer is if you need your documentation drafted in a legally sound manner. Lawyers are the only professionals whose documentation can stand in court. You may sign a contract with your clients but at the end of the day, if it is not certified by a lawyer, or contains clauses that should not appear in a contract, you might incur liability or have such a contract invalidated. A lawyer knows all the rules of contract drafting and can help you keep legal documents ranging from employment contracts to court documentation if need be.
Legal representation
When you get involved in a lawsuit, it is your business litigation lawyer who will come to your rescue. They are not only knowledgeable in business law but also court matters. They can also represent you in case you have an out of court settlement.
Tax issues
Most businesses get into problems with the IRS because of ignorance of the taxation system and how it works. A business attorney can help you work out what needs to be done in terms of calculating and filing your taxes. This way, you can avoid being on the wrong side of the law.