A small business lawyer can be a major asset, whether you are just launching your business or are looking to grow. But with so many different attorneys out there, it can be challenging to find the right person for your company. Understanding the different legal specialties will help you choose the right attorney. Below, we’ll share some of the most common specialties for small business lawyers- and how to know which specialty you need.
Taxes and Finances
Taxes and finances are something that all of us need to deal with. But if you are a business owner, then you have certain tax issues that should be addressed by a professional. A small business lawyer can work with your CPA or accounting department to help you manage your finances properly.
Many business owners draft simple contracts themselves. And while this certainly saves time, it can also lead to issues down the road. Have a contracts lawyer look over these documents to make sure they have been created properly.
Intellectual Property (IP)
Intellectual property law is notoriously difficult to understand. If you need to protect your intellectual property, then it is essential to work with an attorney. Whether you need a trademark, patent, or other type of IP protection, these attorneys will help you legally protect what is yours.
As a business owner, it is crucial that you understand and abide by employment laws. An attorney can help you create the right hiring practices, draft employment contracts, and handle hiring (and firing) workers. Working with a lawyer will allow you to grow your workforce properly, which benefits both you and also your employees.
No business owner thinks that they will be sued. But the truth is, it is a reality for many companies. A litigator has the courtroom experience needed to represent you if someone files a lawsuit against you. If you are in this situation, then it is crucial to call a lawyer as soon as possible.
Finding the Right Small Business Lawyer
Of course, all businesses have different needs. When choosing a small business lawyer, it’s best to work with a firm that covers a wide variety of specialties.