A small business lawyer will understand all the legal requirements that small businesses have to face to comply with the law. Nothing can derail your dream of a successful business faster than the government or an overseeing body noticing that you have failed to comply with the law in some way. The result of this could be fines or criminal action.

Having a lawyer deal with these aspects of your business, such as internal operations, corporate paperwork, negotiation, and the drawing up of contracts, can save you legal trouble in the future, ensuring that your business will run smoothly and profitably.

Nobody wants to think about it, but there is always a possibility that you could be dragged into a legal dispute. It could be from a disgruntled employee or a dissatisfied client, or you could feel the need to take legal action against another entity, like a supplier that has violated their contract with you. Whatever the case, a small business lawyer will be absolutely indispensable when it comes to legal disputes

There are multiple types of entities you can choose from! A corporate lawyer will have the knowledge to turn your business into a legal entity in the eyes of the law. They will also be able to help you choose which works best for your needs and industry and keeps your personal assets safe.

A good lawyer can aid small businesses in the various negotiations they will have to face throughout their lifetime. The types of negotiations may include:

1. Office space: Unless your business is exclusively online, you will likely need to rent a physical office space or storefront at some point. New business owners often get trapped into unsatisfactory leases through a lack of knowledge. A competent lawyer who is well-versed in the legal needs of small businesses will be able to help you avoid disadvantageous offers and find a deal that works for your needs.
2. Agreements with vendors: Small businesses don’t exist in a vacuum. You will presumably need the services of several vendors to get your venture off the ground. Your lawyer will ensure that your agreements with vendors protect your interests.
3. Mergers and acquisitions: Your business may get to a point where you are big enough to acquire another business, or maybe another company will want to join forces with you to have a greater competitive edge in the market. In any case, the contracts are very complicated and impossible to navigate without the help of a competent lawyer.

Contracts should only be drafted by a lawyer that is highly experienced in the corresponding area of law. A small business will need to have many contracts ready for a variety of situations and uses. Examples include partnership agreements, shareholder agreements, non-disclosure agreements, independent contractor agreements, service contracts, lease and employment agreements.

It is essential to understand that having an airtight, legally complying contract in place can help prevent future litigation, so this isn’t an area to skimp or try to do it yourself. DLegal business lawyers are here to take care of the contract formalities, therefore allowing you to focus on your business.

From drafting to reviewing and negotiating, we can assist with commercial contracts, agreements, and transactions with business partners, suppliers, and clients. In contract negotiations, we can also perform due diligence and assist in identifying leverage.

A lousy lease agreement can harm your business potential. We can assist with drafting and/or reviewing drafts of the Offer to Lease and the Commercial Lease Agreement. If you are in disagreement with the other party on obligations set out by the Lease Agreement, we can assist in negotiations and legal representation.

Though legal issues like litigation are unpleasant to any small business owner, not thinking about it ahead of time is even more dangerous. It is one of the legal services that any lawyer that is accomplished in business law will be able to provide.

Common legal issues include employment discrimination, harassment, customer discrimination, and intellectual property suits. In the case of breach of contract suits, having drafted a solid, clear, legally binding contract in the first place can go a long way to ensuring that this is one type of dispute you won’t have to deal with. Remember, just because you are doing everything right doesn’t mean that someone will not take action unjustifiably.

Something that small business owners often forget in the early days is to protect the intellectual property of their business. This could mean things like trademarking names and logos, securing patents for products, or copyrighting software. All of this will help your business to flourish far into the future.