You’re starting your own business, and you know you need to hire a lawyer to help you out. Although your start-up business is still small, you are hiring a lawyer to make sure that everything goes smoothly as planned. After all, it is part of your business plan to make the business grow bigger in the future; thus, a lawyer’s perspective will ensure that everything about your business decisions pertains to the protection of the business.
What do you expect your business lawyer to do for you? You’ll be paying them with enough money, so you expect a lot from the business lawyer that you will hire. Some of these expectations may be grand, but it is also important that you manage it well to protect yourself from being disappointed. Also, when you know exactly what to expect, you will be able to double check if you got what you paid them for.
In particular, what do you expect from your business lawyer?
• Your lawyer will be able to help you deal with the leases and settle it before you move into the new premises. They can go through the contract to make sure that you are going to get what you will be paying the owner for.
• The business lawyer can draft contracts for you whether it concerns sales or purchases. They can also help you distribute your goods in the best way possible where you can get the most income and spend the least investment.
• When you are ready to recruit your new staff for business, the lawyer will be able to help draft the employment contracts for you. Moreover, such agreements will ensure that the safety of the firm as well as the protection of the welfare of every employee.
• Entering into contracts with suppliers, recruiters and other business related providers should not be difficult with your business lawyer by your side. The lawyer will be able to ensure that these service providers will give you the services that you paid them for and maybe even more.
Perhaps the most important role of the business lawyer you hire is to become the teacher that you don’t expect them to be. When you seek their advice to help you through decision-making processes, they can give insight on the situation. There is a wealth of information about running a business that only a business lawyer can provide.