Every corporation is considered to be a legal entity, and there are certain situations in which you may need legal advice for your business. Here are some of the most common times when you may need to consider hiring a lawyer for your business:
Incorporating a new business can be complex. There are all sorts of applications to be completed and regulatory requirements that you must be aware of. You may also have to apply for various licenses to operate your business. A corporate attorney can help you to navigate the incorporation process.
2. Employment Disputes
There may be times when you have disputes with an employee or staff member over a termination or benefits, or you may just have questions over a possible employment contract that you want to offer someone. In such cases, an employment lawyer can advise you of your rights as a business owner and how to protect yourself from employment disputes.
3. Tax Matters
Of course, as a business owner, you will need to pay state and federal taxes. A smart entrepreneur must arrange their business matters to take advantage of every tax concession available to them. A tax attorney can provide you with legal advice on how to save on your taxes when you file your annual return.
3. Civil Suits
Since your business is a legal entity, it can sue and be sued by other businesses. If you are ever faced with a civil suit by another corporation, you will need the expertise of a litigation lawyer to help you avoid a costly lawsuit. Your lawyer will examine your case and advise you how to best defend against it. He or she will also handle any court appearances and filings on your behalf and will advise you if a settlement is in order.