Finding a lawyer when you are first establishing your business is key in order to benefit in the long term. It is an area that you should invest both money and time in wisely to gain the most from a working relationship with your lawyer.
A good business lawyer will be able to assist you in nearly all aspects of your business from copyright and trademarks to liability and lawsuits, which is why it is essential to find a suitable person or firm for the role as soon as possible.
If you are already being sued and are looking for a business lawyer to take on the case, you may find it’s too late. As paying for the problem once it has already occurred can be very costly with the inclusion of lawyer fees, court costs and a settlement.
Hiring a lawyer
Finding lawyers for your small business at the beginning proactively protects you from risks later on. As mentioned, lawyers are able to help and advise on the running of your business, and the sooner you begin working together the more thorough their knowledge of you and your company will be should trouble arise.
When seeking a lawyer, there are several ways to go about determining what type of lawyer you may need and how to find one. Finding lawyers for business differs from finding a personal lawyer, in which case you may speak to friends who have been in the same situation for referrals. However, for business law you require more in-depth advice and experience, so talking to your local legal recruitment agency is recommended to save you valuable time and resources.
If you are unsure as to what you should be looking for in a lawyer, here are some points to focus on:
- Do you need a big or small law firm? – A bigger firm will generally charge higher rates, but as lawyers tend to have areas of expertise it may be more advantageous to go to a larger firm where all the knowledge is covered under one roof. Although this may cost more, it is likely that they will have a lot more influence in the community than a smaller firm, and being backed by a powerful law firm could be of benefit to your business’s networking abilities.
- Meet your prospective lawyer – Before hiring your lawyer, ensure you have a proper meeting with them first, this way you can be sure that you are on the same page for the ideal lawyer and client partnership. Compatibility is a necessity in this sense, so trust your instincts about your prospective lawyer’s personality from the first or second time you meet, while looking for experience, transparency and personal affinity.
- Communication and efficiency – Your lawyer should be working hard on your behalf. The last thing you need when you are in the middle of a stressful legal case is a lawyer who takes weeks to respond, so finding out how efficient your lawyer is early on is important.
Why are contract lawyers so often recommended?
Hiring an interim lawyer for a niche area of law has become more widely accepted as a resourceful solution in modern practices.
Traditionally, contract lawyers have been brought in to small and medium sized firms to cover when partners are on holiday or maternity leave. However, now it is regarded as an effective and immediate method for injecting added value into a firm, as their experience and flexibility is highly regarded.
You may find you require a contract lawyer if your law firm doesn’t have an in-house specialist in your required area, and you only need their services for a specified amount of time. A contract lawyer thus allows you to respond immediately to the task they are needed for, and only for the duration necessary so there is no increase to your payroll.
Whichever way you choose to determine what sort of lawyer will be of most benefit to your business, seeking advice from a trustworthy and experienced local legal recruitment agency will give you valuable information and guidance as to what is the next step to take.
This helpful sponsored content was provided by BCL Legal.