About Getz, Collins & AssociatesPosted by: Kim Sears | Posted on: January 1, 2021
Without the support of a business lawyer, it isn’t uncommon for entrepreneurs to pursue a start-up. Money at the beginning, after all, is tight and any wise capitalist would want to spread his resources as far as it goes. No one wants to go back and press for more from the original investors. That said, any organisation can profit from legal advice – from a fledgling startup to an established company. Here are some of the reasons why your organisation can need an attorney’s support and what you can look for when hiring one. Learn more by visiting Getz, Collins & Associates-Corporate Lawyers Calgary.
When you ask him why he doesn’t employ a corporate lawyer, the most often repeated excuse a company owner may give you is that it costs too much money. Though attorneys can be costly, it can be even more so to choose not to employ one. Make a bad business deal without consulting an attorney and for years to come your business will feel the financial implications. In the beginning, most start-ups do not have the luxury of making a poor decision like that. After the fact, you don’t want to be pressured to employ an attorney; if you have one at the beginning, you will eliminate the expensive lawsuit that often comes after making a poor legal decision.
You can’t distinguish a company’s corporate activities from the legal entanglements in which it affects you. As a company owner, every single thing you do needs to be within the law and, ideally, beneficial to your objectives. Take, for example, recruiting workers. Each state has laws that control how you can employ people, what you have to pay them, and the hours they can work. Federal rules are still in effect. No business owner may know all of them, but you might end up losing something if you break those rules. This applies to a broad range of legal problems that you might be interested in: licences, intellectual property, and any type of contracts. You might easily make a costly error if you don’t have a corporate lawyer helping you take these measures.
Recruiting a Business Lawyer
Of course, just half the fight is to make the determination that you need legal representation. You’ve got to go out now and buy one. Soon, you will find that they are not all made equally. When recruiting, here are some things to look for. First and foremost, you want experience. Next, you want a company that provides your business with the personal attention you deserve for your money. Look elsewhere, if you feel like you’re only going to become another number. It’s not cheap to employ a corporate lawyer, and when you hire them, you should be able to rely on excellent communication.