The 6 Most Important Areas of Law for Your Business

Who do you run to when legal issues halt or stop your business? Do you start looking for help once you are in problems or do you have a legal team on hand in case of anything? Legal fees are high. Hiring a legal team on a retainer is expensive. However, when you face problems, you realize the need for legal representation at any cost. How do you find legal representation that deals with the exact problem you are dealing with? Selection is harder when hard-pressed for time but the representation should cover your particular needs.

The right legal house covers all areas of business law. These areas include:

1. Business formation

Get the right business attorneys when forming your business. Business attorneys are well-versed with information on limitations to liabilities, tax advantages, credit management, investments, or administrative burdens for all types of businesses.

Don’t ride it out on your own or rely on Dr. Google. State laws on sole proprietorship, partnerships, limited liability companies, S and C corporations vary. Get an expert to facilitate business formation.

2. General business law

The day-to-day operations of every business are regulated but your business is exposed to liability at any level or from any department. You need experienced business attorneys with extensive knowledge and expertise in immigration laws, e-commerce, corporation code, local business regulations, securities, personal injury laws, building codes and regulations, environment protection, and industry-specific regulations.

3. Employment law

Your employees are your greatest resources. One or more individuals in your resource pool can sue or launch complaints. Do not be caught in violation of federal or state employment laws. The best legal representatives will draw up employment manuals and concrete employment contracts to protect your business. Besides drawing contracts and other documentation, you need a lawyer’s sound advice to prevent disputes and legal claims.

4. Intellectual property law

Trademark registration, copyright registration, copyright infringement, IP audits, trademark infringement, trade secret agreements, and licensing are very important in keeping a company in line. Laws covering intellectual property are comprehensive and often complicated. Your law firm must have the capacity to deal with this registration, licensing, and defense in case you sue or are sued.

Intellectual property law processes are extensive and take time. A good lawyer is able to go through every step as required.

5. Estate planning law

Are estate management plans for your business laid out? What are your terms for estate distribution upon your demise? Who will run things when you are incapacitated or dead? We all fear talks about death but death is inevitable. Protect your life’s work and safeguard your family’s life by hiring the best business and estate law attorneys.

6. Commercial litigation

Commercial law covers various aspects of business disputes. Disputes on the sale of goods, leases, secured transactions, letters of credit, documents of title, bank deposits and collections, investment securities, fund transfers, and negotiable instruments arise. They must be handled by the best legal representatives.

Business law, business and commercial litigation, estate planning, employment, and intellectual property laws must be taken care of by the best business law attorneys. Choose a law firm that offers services covering all these areas. Consider a proven track record of service delivery before hiring that law firm.

David Wicks is a business law attorney at lamesalawyer.org in San Diego. Check out his profile and the company website for more information on your business’s legal representation.