5 Reasons You Need A Corporate Lawyer For Your Company
Most people start a business without the intention of needing a corporate lawyer, but it's important to have one on retainer just in case. Even if your company is just starting out and you're not sure if you'll need legal assistance, it's better to be safe than sorry. Corporate lawyers can help you with everything from contract negotiations to trademarking your company name. Keep reading for four reasons why you need a corporate lawyer for your business.
1. Create a Fair Shareholder Agreement
If you're starting a business with partners, it's important to have a shareholders agreement in place. This document will outline each person's role within the company, as well as how profits will be divided. A corporate lawyer can help you create a shareholders agreement that is fair to all parties involved and protects your interests in the event of a dispute.
2. Protect Your Company From Legal Disputes
No matter how careful you are, there's always a chance that your business could be involved in a legal dispute. Whether it's a contract disagreement or a customer complaint, having a corporate lawyer on your side can help you resolve the issue quickly and efficiently. They can also help you avoid disputes altogether by drafting contracts that are clear and concise.
3. File for Trademarks and Patents
If you want to protect your company's intellectual property, you'll need to file for trademarks and patents. This can be a complex and time-consuming process, but a corporate lawyer can handle it for you. They can also help you research whether your proposed trademark is already in use so that you don't waste time and money on an application that will be rejected.
4. Comply With Government Regulations
Depending on the industry you're in, there may be a variety of government regulations that you need to comply with. A corporate lawyer can help you navigate these regulations and make sure that your business is in compliance. They can also represent you if your company is ever investigated by a governmental agency.
5. Get Funding
If you're looking for funding for your business, having a corporate lawyer on your team can make a big difference. They can help you draft investment agreements, review contracts with investors, and protect your interests if the deal goes south.
Having a corporate law firm—such as Carter & West Law—on retainer is an important part of running a successful business. They can help you navigate the legal complexities of running a company, avoid costly mistakes, and protect your interests both in and out of court. If you don't have a corporate lawyer on your team yet, now is the time to find one.