When you start a business, you have to follow different laws, such as Business Formation Laws, Consumer Protection Laws, Contract Laws, Hiring and Employment Laws, Environmental Laws, IP (Intellectual Property) Laws, License and Permit Laws, Zoning Laws, etc. All these laws keep changing from time-to-time, making it difficult for entrepreneurs to implement all of them in their business practices fully.
When you breach a law, even by mistake or lack of the knowledge, law enforcement agencies and government imposes heavy fines/sanctions against your company and legal action is taken accordingly. All these can affect the growth of your company and business opportunities that come in your way.
Therefore, to avoid all these hassles and run a business as per the law, most of the entrepreneurs always hire a corporate lawyer for business. It helps them to deal with various business issues without any problem and cultivate the desired progress. There are many business lawyers that are available in the market. All of them make tall claims about their legal services. So, it becomes difficult for an ordinary business person to choose a right business lawyer.
Here are some facts that one must consider while choosing a corporate lawyer for business:
1. License And Jurisdiction
As the unauthorized practice of law is forbidden in India, therefore, all lawyers are required to have the license for practicing the law. It helps clients and customers to stay away from incompetent lawyers and deal with only the authorized lawyers.
Therefore, when you look out for a corporate lawyer, ask for his license and jurisdiction areas in which he/she is allowed to practice the law. This will help you to choose the best corporate lawyer around your locality.
2. Work Experience
Experience matters a lot when you look out for a corporate lawyer to take care of business issues and run your business as per the law of the land. Therefore, you must inquire about the total work experience of different lawyers and try to know whether they have worked with different industries or not, such as real estate, construction and the service industries, trade companies, home owner associations, orthodontic and prosthetic companies, tech companies, advertising companies, information technology companies, doctor’s offices, aviation and drone companies, property management companies, gas stations, etc.
A licensed attorney with a vast experience of working with different types of companies and firms can easily track your problems and provide you the right legal consultation services to solve that. If you deal with an inexperienced lawyer, he/she can prolong your case without fetching any solution. It is harmful to you and your business financially.
3. Resources And Supporting Staff
Business issues are complex and mind blowing. A single lawyer can't prepare well for a case and offer its solution in a timely fashion if he/she doesn't have the supporting staff and other necessary resources. Therefore, you must choose a lawyer that may be associated with either a corporate law firm or must have enough resources to solve your business issues legally within a short duration of time.
4. Legal Consultation Fees/Upfront Fees
If you choose a lawyer for your business with the lowest attorney fee, it is possible that it may not work as Attorneys have lower fees when they start their career. On the other hand, choosing the attorney with the highest attorney rate doesn't guarantee that you will get the best return on your investment. So, don't get confused with a flashy office and scores of secretaries. Ask about their charges frankly. Some lawyers ask for upfront fees from time-to-time to cover travel expenses, photocopies, faxes, parking, court fees, etc.
So, you must look at the cost of the legal services of different corporate law firms and choose one that offers their legal services at affordable fees and minimal upfront charges.
5. Check Client's Rating
These days, almost all lawyers have the online presence with websites, blogs, and social media mediates. They do so to increase their customer/client base easily and quickly. So, you must visit the profiles of different lawyers and see the ratings given by their clients and customers. A good lawyer may have the highest number of positive ratings. A lawyer whose legal services are not satisfactory may have negative remarks. So, read all review carefully and choose a corporate who has a good reputation in the market.
Final Words:
Business owners need to hire corporate lawyers for business sooner or later. They can follow the above-mentioned points in mind and choose the best corporate lawyer easily and effortlessly.
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