Five Reasons to Hire a Corporate Attorney
Every business, small to huge, in the area needs to have a working relationship with a corporate attorney. Many businesses hire an attorney when they are just starting out, and this is vitally important to ensure that you get everything set up correctly right from the start.
But too often, these businesses who gained such benefit don\’t keep up the relationship. This is unfortunate because there are some great reasons to keep in contact with your attorney, not the least of which is having someone who knows and understands your business if you should find yourself facing legal trouble. Here are five other reasons that are worth your consideration.
1. Taxes. An accountant isn\’t always enough to address the tax issues which your business may face. Routine tax filings and financial planning can be done perfectly adequately by an accountant, but if you are facing problems with the IRS you will need an attorney. Attorneys are also helpful when you are setting up or changing your corporate status, or any time a detailed familiarity with tax law is necessary. Some tax attorneys are also CPAs, and this can be a handy combination.
2. Intellectual Property. You need to protect your unique business from theft of your product or branding. Patents, trademarks, and copyrights need to be secured properly, and you need to know what to do if you become aware of any infringement. Using an attorney well-versed in IP will make sure that everything is done correctly and thoroughly. In addition, depending on your field, you may need an attorney to review your product liability issues.
3. Contracts. It\’s always a good idea to have experienced legal counsel when you are drafting a new contract with a supplier, customer, or wholesaler. For contracts you use frequently, a template can be drafted so you can use it without the need for legal review every time. Having an attorney develop your contracts (and review them periodically) will ensure that you are compliant with all legal aspects.
4. Hiring practices. Employment law can be extremely complex, and if you fall afoul you could find yourself in a lot of trouble. Instead, discuss with your attorney what you can and cannot legally do. He or she can also help you to develop an employee manual with guidelines.
5. Ongoing compliance. Laws do change, and you could perfectly innocently go on operating your business just as you always have, completely unaware that you are now out of compliance with some law or other regulation. When you maintain a relationship with a business attorney, you don\’t have to worry about this. He or she will notify you promptly and help you to determine if and how the change affects your business.
These are just a few of the many good reasons that you should be working with a corporate attorney if you are in the area. If you don\’t have a lawyer yet, get references from others in your field
Are you looking for more information regarding Washington DC corporate attorney? Visit http://www.strisiklaw.com today!
Are you looking for more information regarding Washington DC corporate attorney? Visit http://www.strisiklaw.com today!
Author Bio: Are you looking for more information regarding Washington DC corporate attorney? Visit http://www.strisiklaw.com today!
Category: Advice
Keywords: corporate attorney,business attorney,attorney develop