how to find a lawyer for a small business

How to find a business attorney?

How to Find and Pick a Business Attorney in 5 Steps 1 Determine why you need a business attorney. 2 Source attorneys through your network or legal directories. 3 Compare attorneys by asking the right questions. 4 Work out a fee arrangement that fits your budget. 5 Know when it’s okay to skip the small business lawyer.

What can a small business lawyer do?

A small business lawyer can help you draft both partnership agreements and corporate bylaws.

How long is a consultation for a business lawyer?

The next step after sourcing a handful of business attorneys is to meet with all of them. Most lawyers offer free half-hour or one-hour consultations to meet with potential clients. A consultation is a good way to see if a small business lawyer is a good fit without committing.

Do attorneys charge flat fees?

Depending on what type of legal work you need help with, an attorney might charge you a flat fee instead of an hourly rate. This can save you a lot of money, especially on straightforward matters that attorneys handle on a regular basis. Plus, if you’re engaging the same attorney for multiple services, they might offer you a discount or “package deal.” Small business attorneys do this because they know happy clients will come back to them in the future if they need a lawyer again.

What can an attorney do for a business?

An attorney can help you negotiate favorable contracts and ensure you understand all the fine print. Handling employment issues: As a business’s workforce grows larger, business attorneys often step in to help with labor law compliance and to resolve wrongful termination lawsuits.

Can a business attorney work with you on a contingent fee?

A contingent fee is when the attorney receives payment only if they win the case on your behalf. There are multiple ethical reasons, however, why an attorney might avoid a contingent fee arrangement. For instance, an attorney who is fired midway through a case by their client might find it difficult to recoup compensation if a contingent fee arrangement is in place.

What is Priyanka's job?

Priyanka specializes in small business finance, credit, law, and insurance, helping businesses owners navigate complicated concepts and decisions . Since earning her law degree from the University of Washington, Priyanka has spent half a decade writing on small business financial and legal concerns.

How to Find Small Business Lawyer

Having a good lawyer onboard can help your small business save costs in the long run. As a small business owner, you probably know too well just how complicated things can get and securing someone to help you through legal challenges is a price worth paying.

Searching for a Small Business Lawyer

Meet with several business attorneys before you hire an attorney or firm. To scope out your options, here are a few ways to get started.

Ask the Right Questions

Once you have several candidates to consider, meet with each of them; many attorneys offer a free initial consultation.

What is a small business attorney?

A small business attorney is a legal professional that exclusively represents small businesses and their owners. Here are a few examples of small business attorneys:

Where to look for a small business attorney

One of the best ways to retain a lawyer suitable for your small business is through network referrals. Talk to other small business owners or colleagues within your network and ask them to refer you to a lawyer they may have used in the past or are currently working with.

What to consider when choosing a small business attorney

When choosing a small business lawyer, ask yourself why you need a lawyer’s expertise. Maybe you need an employment and labor attorney after increasing your employee count or you are entering into a business partnership and require a contract lawyer.

When you need a small business attorney

While legal representation and advice is crucial in certain circumstances, there are some instances where you may not need one, including while:

What do business lawyers do?

General business lawyers handle business formation, contract writing, and more. But in many fields of the law, lawyers tend to specialize. You might find a lawyer to handle: 1 Real estate: buying, selling, and leasing real property 2 Employment: issues regarding laws about the employer-employee relationship 3 Taxes: planning for taxes and dealing with tax agencies 4 Litigation: when a dispute turns into a lawsuit

What do lawyers do?

But in many fields of the law, lawyers tend to specialize. You might find a lawyer to handle: Real estate: buying, selling, and leasing real property. Employment: issues regarding laws about the employer-employee relationship. Taxes: planning for taxes and dealing with tax agencies. Litigation: when a dispute turns into a lawsuit.

What is a small business?

A small business is generally defined as a business that is privately owned, and has less employees as well as less annual revenue than that of a corporation or other sizeable business. This can be a smaller corporation, a partnership, or sole proprietorship. What constitutes small, in terms of applying for government support ...

What does a small business attorney do?

As previously mentioned, a small business attorney will generally focus on business disputes and compliance with applicable business regulations and laws. They may also handle interstate and international legal issues such as the transportation of goods. They may represent small business owners, employees, and insurance agencies.

What is a free initial consultation?

Some lawyers offer a free initial consultation during which you can introduce your business and evaluate if the lawyer is a good fit for you. During the consultation, the lawyer should give you an overview of how they plan to help your business.

Do lawyers know other lawyers?

Good lawyers typically know other good lawyers. Just be sure to make it clear that you need a lawyer who is experienced in helping new businesses get off the ground. Some lawyers identify themselves as business attorneys, but they may be more familiar advising mature businesses.

What is a good startup lawyer?

A good startup lawyer is more than a lawyer. They are also a close advisor and confidante as you’re trying to grow your business. Here are some of the important steps that startup lawyers can help you with: Deciding how to structure your new business.

What is a general business lawyer?

1. General Business Lawyer. As the name suggests, a general business lawyer can provide legal advice on a wide range of matters. This type of lawyer has a hand in every legal discipline. If your business doesn’t deal with special circumstances, a general business lawyer may be well suited to your purposes.

What kind of law do lawyers specialize in?

People sometimes wonder what types of lawyers are available to them. Lawyers often specialize in either business law or personal law. For this reason, you should search for lawyers who have business law experience.

Why is it important to hire a lawyer?

However, if your business is subject to a lawsuit, you’ll be relieved that you hired a lawyer. When evaluating lawyers, you should ask a lot ...

Is M&A a complicated process?

M&A is a complicated process, and trying to do this without an M&A lawyer is not a wise decision. The documentation process is another complicated aspect of M&A deals. It’s likely for small business owners to overlook the needed documents. M&A lawyers know about the documents and filings.

What is an employment lawyer?

Employment and Labor Lawyer. Using an employment and labor lawyer only makes sense when your business has employees. If it does, your business should comply with state and federal laws. An attorney in this area of the law can help you draft employee manuals and ensure safety standards are in place.

Can you use templates for a business contract?

Many business owners use templates found on the internet for their contracts. These may work, but could cause your business legal problems, as templates won’t cover the specifics for your business.

What happens when you buy and sell a business?

When you buy and sell businesses, you’ll negotiate for the property and assets of those businesses. It may not always be clear what you’re entitled to during these negotiations. It pays to have a mergers and acquisitions (M&A) lawyer representing your interests in the transactions.