Why do you need a business attorney? Business attorneys are a valuable resource to businesses of all kinds and if you haven’t hired one yet you probably should. If you are thinking, “how do I find a business attorney near me?” don’t worry, it’s easier than you think. Waiting until you are sued to hire a good attorney can be a costly mistake; there are many other areas of business that require legal expertise. If you wait to hire an attorney until you are facing a lawsuit you will be forced to look for help while under duress and have missed some critical business opportunities along the way. A business attorney is an important asset to have in much more than just the courtroom.
Great business attorneys are easy to find. Look for a lawyer or firm that specializes in business law in the West Palm Beach area. A local attorney is crucial as local and state laws will have a direct impact on your business. The first place you can turn to for a reputable business attorney is your circle of friends and business partners. A good referral can be a great start. Don’t take a referral from a friend as the end of your search; always meet and interview a prospective business attorney. The prospective attorney’s skill set should match your needs and the best way to assess this is through an interview. Another route to finding a business attorney near you is the Internet. Performing a simple google search for ‘business attorney near me” will give you many options to choose from. The American Bar Association website has a lawyer referral directory and there are several other lawyer directory websites such as legalmatch.com and avvo.com. Regardless of where you start your search, look for a local West Palm Beach attorney that has business expertise.
An experienced business attorney can be invaluable. Finding a great business attorney should be a top priority prior to establishing your business as there are a number of things an attorney can do to help with your business setup. A good business attorney can help you draw up any needed legal documents and help you select and setup your business entity. Choosing the correct business entity is crucial to your financial success as selecting the wrong entity can cost you a substantial amount of tax dollars. The IRS website explains, “When beginning a business, you must decide what form of business entity to establish. Your form of business determines which income tax return form you have to file. The most common forms of business are the sole proprietorship, partnership, corporation, and S corporation. A Limited Liability Company (LLC) is a business structure allowed by state statute. Legal and tax considerations enter into selecting a business structure. Choosing the correct entity for your business will directly impact your tax filing and tax liability. Your business attorney can walk you through the benefits and drawbacks of each entity and how they fit with your individual situation. Your West Palm Beach attorney can also assist you with any legal documents needed to create, file and maintain your business. While many people are tempted to do these items themselves in order to save money, the cost of errors can be steep. Invest in your business from the beginning and make sure that your entity and documents are legally sound and properly structured.
Your business attorney can also help your business throughout its lifetime by drafting, finalizing, negotiating on your behalf and in some cases executing legal documents such as contracts and other items pertaining to the efficient running of business and commercial activities. During the course of business you may need contracts for your vendors or subcontractors. A proficient business attorney can also assist with corporate bylaws and articles of organization if needed. You may need help drafting legally binding confidentiality agreements or privacy policies. You may also decide down the road to sell your business. An experienced attorney can assist with negotiations and draft needed sale and purchase documents. He or she may also be a valuable resource to other experts such as business appraisers if a valuation is needed. A business attorney can guide you through these processes and more and make certain your legal documents are accurate and binding.
An unfortunate cost of doing business can be litigation. It is helpful to have an established relationship with a business attorney so that if/when your business is sued you have an attorney who is already knowledgeable about your business and that you feel comfortable with. Establish high safety standards and procedures to try and minimize slip and fall lawsuits from employees and customers. Many lawsuits businesses face are contract disputes. Work with an attorney when drafting a business contract of any kind. You will want to make sure all your contracts are correctly executed and legal so that they can be successfully defended in the event of a lawsuit. Work with your business attorney to identity potential lawsuit issues and remedy them to minimize your exposure. In this very litigious day and age it is prudent to have a good working relationship with a business attorney that can help you establish your business and if necessary defend you against a lawsuit.
If you find yourself thinking, I might need to find a good West Palm Beach business attorney near me, you are in luck as they are easy to find and a much needed resource. Don’t leave the fruits of your labor unprotected. Call us at 561-729-0095 if you are in need of a business attorney’s services.