Business Owner: At Some Point You Will Need a Lawyer

Business, Contract Review, Entity Formation, Financing and Loans, Real Estate, Staffing and Employee Overhead, Uncategorized

As a business owner, at some point, you will likely need a lawyer and not necessarily because you have a major problem you need to address. You can be almost 100% sure that if you own a business, one or more of these things will come up:

• You need to set up a business entity.
• You need someone to review and negotiate a lease
• You need help preparing, reviewing or negotiating contracts.
• You have issues with customers who do not pay.
• You need to protect your intellectual property.
• You have issues with employees.
• You need help selling your business or closing on a commercial loan.

This list is just the start. There are issues that come up every day, large or small, that you might want to discuss with a lawyer. That is why it is important to develop a relationship with a lawyer you trust before you have an issue. You may even want to retain a lawyer as outside general counsel for a flat fee each month so you don’t hesitate to call with even the smallest of issues.

Excellent legal advice does not need to be expensive. There are options other than the large law firms that charge excessive hourly rates. Find a small law firm or a solo practitioner that is an expert and you can receive great legal counsel at reasonable prices.

Things to consider when retaining a lawyer:

• Does the lawyer have experience in your area of need?
• Does the lawyer have practical experience relevant to your business?
• Do you receive personal attention from your lawyer in a timely manner?
• Does your lawyer care about you and your business?

Bottom line, developing a relationship with a lawyer before you need one will go a long way in ensuring your long-term success plus keep you out of situations that may cause big problems down the road. It’s easier and much more affordable than you may think.

If you have questions that you can’t find answers to just let me know! You’re also invited to schedule a free consultation. You can also email glen@gmairlaw.com or call 508.250.0797. www.gmairlaw.com.

This article is intended to inform you of developments in the law and to provide information of general interest. It is not intended to constitute legal advice regarding a client’s specific legal issues and should not be relied upon as such. This article may be considered advertising under the rules of the Massachusetts Supreme Judicial Court.