When starting a business, you would need help from many people, especially from two professionals – an accountant and a lawyer. Whilst the need to have an accountant comes early on, it takes some time for some people to realise the value of a lawyer.
Find out why you need a lawyer, when should you hire one, and what are the things you should look for.
Why Does Every Business Need a Lawyer?
Every business needs a lawyer to ensure that the organisation is working in compliance with the laws of the government. Intensive legal knowledge is necessary when dealing with public and third parties, and reviewing documents. A lawyer assists in drafting rights and agreements between the company and the employees and helps the business avoid legal issues.
When Should You Hire One?
Consulting a business lawyer only when you receive a subpoena is not a smart move. Leading Brisbane law firm, Creagh Weightman Lawyers, agrees that hiring an attorney immediately to prevent legal disputes from escalating is a better option. Better yet, have a lawyer by your side before you even start your business, launch a new project or enter a business deal.
What are the Qualities You Should Look For?
When hiring an attorney, it is important to ask about important qualifications, such as the experience, expertise and professional rate or fee. Perform a thorough background check on the lawyer or law firm of your choice. A lawyer should be well versed and experienced in handling cases relevant to your line of business.
As an entrepreneur, you must prioritise the welfare of your business and employees. A reputable business lawyer will help you achieve the goals you have set.