Posted on: 15 October 2014
As a small business owner, you likely have a lot of expenses, and you don't want to add any more, such as hiring a lawyer when you don't currently have the need for one. But, it is always good to hire a lawyer, even if you don't need to. At some point, you are going to need legal representation, especially when you are dealing with contracts. It is good to know that you already have established a relationship with a commercial lawyer, because they will have a good understanding of you and your business.
What You Can Handle On Your Own
Many things that you will run into as a small business owner are fairly simple to take care of, and you can easily handle them yourself. For instance, you don't need a lawyer to create a business plan, research your business name, apply for licenses and tax numbers, or set up agreements with partners. You can save a lot of money by doing these things yourself. Then, there will be other issues which will require the help of someone who is well-versed in commercial law.
When To Contact A Lawyer
When you have legal issues that are too detailed and complicated to handle on your own, a good commercial lawyer can help. For instance, if there is a problem that involves liability, such as someone falling and injuring themselves on your property, you will definitely need a good lawyer on your side. Other times when it is important to enlist the help of a commercial lawyer include:
- Employee Lawsuits – If you have current or former employees accusing you of such things as having a work environment that is hostile, or if they have accused you of discrimination, you will need legal representation. This also includes prospective employees who feel they have been discriminated against.
- Environmental Issues – If there is an environmental issue that is a direct or indirect result of something within your business, you may be subject fines and other penalties. For instance, there may have been a chemical spill, and if that spill went into the water, it will cause an environmental problem you could be liable for.
- Complaints – If there are any complaints about your business regarding local, state, or federal laws, there may be an investigation that leads to charges and subsequent penalties.
When it comes time to hire a commercial lawyer, you may want to consider asking about a consultation agreement. This is going to give you the legal assistance you need, but at a much lower cost. This is because you will be doing most of the work yourself, such as research. The lawyer will be there to review your research, and to offer advice.
For more information, make an appointment to talk about your business's needs with a lawyer, such as Perry Legal.Share