Hiring a Toronto Franchise Lawyer
When you are entering into a franchise business deal with a franchisor in Toronto, ensure that you hire the services of a Toronto franchise lawyer. A franchise attorney is well-versed in franchise laws and helps you negotiate contract terms with the franchisor company. He will suggest counter proposals that are in your best interests and help you get favorable terms. A franchise attorney will also see to it that your franchise agreement conforms to the state laws.
Not only do franchise lawyers help you negotiate the franchise agreement with your franchisor and any companies involved, but also smooth out any legal problems or issues you encounter during the process of getting a marketing permit. Such a lawyer can also help you with other legal aspects of the business, such as employee contracts, ownership agreements and lease negotiations.
It is important that you hire the services of a competent and qualified Toronto franchise lawyer. Verifying the credibility of a franchise attorney is crucial as you will be depending on him throughout the franchise agreement process and possibly, even after you have started operations.
How to go about finding a credible franchise lawyer
– Ask a trustworthy source for good franchise lawyer referrals. Some people you can ask for referrals are bank personnel, business associates and accountants who can furnish you with contact details of a franchise lawyer.
– While engaging the services of your family lawyer may not be of much help when you need franchise-related legal help, you can ask him for referrals of qualified Toronto franchise lawyers.
– When you find a franchise attorney you feel comfortable with, be sure to make enquiries with him about his work experience, the various services he will be able to offer you and how he generally conducts his business with clients.
– Ask the lawyer about his experience in the field, such as the approximate number of franchise agreements he has reviewed or negotiated for clients and the names of the some franchisees he has worked with. You can also check if he has experience in franchisee sales and transfers, keeping in mind possible future plans. Also ask the attorney if he has adequate experience in arbitration and litigations, in the event of a dispute.
– When you have decided to hire the services of a particular franchise attorney, negotiate fees and other payments charged for his services. Most often a franchise attorney will allow you to make payments as you avail his services, instead of asking for an upfront fee.
– Ensure that you don’t hire a franchise consultant as a substitute for a franchise lawyer. One of the most common mistakes that franchisees make is hiring a franchise consultant and expecting him to understand all the legal aspects of franchise deals and contracts. It is important to remember that a franchise consultant is qualified and skilled only in so far as to put you in touch with a good franchisor.
The services of a Toronto franchise lawyer are invaluable to a franchisee, especially one who is entering into a franchise business deal for the first time. At the same time, it is important to hire the services of an experienced and competent franchise lawyer to help you with the legalities associated effectively.
Author Bio: For more information on a commercial lawyer in Toronto or a franchise lawyer, contact Heydary Hamilton PC
Category: Legal
Keywords: law, legal, lawyer, franchise lawyer, franchise attorney, attorney, commercial lawyer,