Running a business is fraught with many potential legal obstacles. Firstly, the very formation of a business requires careful legal analysis. The new business needs to choose a legal status, under which to be officially recognized by the government. Proper HR protocol is to be established to legally hire employees, or potentially let them go. Another integral part of maintaining a successful business is drafting and negotiating contracts and other agreements and that, too, requires careful attention of a legal professional.
A merchandise-centered business might face additional obstacles related to product liability and may need a specialized attorney that can ensure their disclosure and warning policies are in check, as well as be available to respond to any potential complaints. From small businesses or start-ups to large corporations, having experienced legal counsel on your side is instrumental for the success of your venture. At North City Law, we employ attorneys with years of experience in business law and the resources and knowledge to help set your business on the right track. Call 206-413-7288 today for a FREE initial consultation.
Legally Establishing Your Business
Starting a new business is usually an exciting period for the founding entrepreneurs. However, the beginning stage of setting up a business can also be extremely stressful. Many factors ought to be considered, not the least among which is the kind of legal entity to choose for your operation. A business law attorney can help you understand your options and delineate what your choices will mean in terms of taxation and long-term revenue. At North City Law, our attorneys are exceptionally skilled in both business and tax law, and can help you make the optimal plan for your operation’s success.
Drafting, Executing and Reviewing Contracts
At the center of every business are various contractual agreements, and in many ways, they define how efficiently a business runs. Employment contracts determine the terms under which employees are hired, contracts with third-party sellers are executed, revenue is distributed, and can even solidify how you will be required to act with your customers, other companies, and the government. Once a contract is signed, you are bound by law to fulfill its terms. Because of the gravity of such a commitment, it is tremendously important to employ skilled business law attorneys to help prepare and review contracts both within your own operation, and contracts coming from outside parties.
Protecting the Integrity of Your Business in Litigation
As your business continues to evolve, your interactions with the public, the government and other enterprises can significantly increase – both in volume and in complexity. It is nearly inevitable that at some point, your presence in court will be required to fight a contract that has been breached or respond to a complaint that has been filed against you. In those instances, an effective business law attorney is crucial to making your case. Anything from managing the order in which a case proceeds to making an argument in front of the jury will require a nuanced knowledge of both your business and the local legislature.
If your business is centered on merchandise, or provides a service to the public, issues with product liability might eventually arise. Such court proceedings can not only cost a fortune, but may also result in new limitations for your thriving business, in addition to tainting an otherwise excellent product’s reputation. In many instances, a knowledgeable attorney can help you quash a complaint before it turns into an adversarial litigation process. In the event that litigation cannot be avoided, legal counsel is even more necessary. Knowledgeable attorneys can advocate for you in and outside the courtroom, make comprehensive strategies concerning your product liability case, as well as determine which guidelines need to be put in place for your business to continue running effectively.
Start planning your success by consulting the attorneys at North City Law today! Call 206-413-7288 for a FREE initial consultation.