If you own a business, you cannot deny the importance of a professional and competent lawyer. They can ensure that your business follows the letter of the law while you focus on generating more revenue and growing your company. In this day and age, you have to make sure you’re honest and straightforward in the way you do business. Without a thorough understanding of the rules and regulations that govern your industry, you can get slapped with a lawsuit that will put your company in jeopardy.
One thing you have to keep in mind is that there are different types of attorneys who can help you with different things. You need to employ the right lawyers who will help you stay afloat. That said, here are the five types of commercial attorneys every business owner should know about:
As the name suggests, these attorneys help draft your agreements and contracts to make sure that both parties uphold their ends of the deal.
As a company, you will have to deal with your employees regularly, so you should have a lawyer who’s familiar with labor laws.
3. Real estate
Your company will most likely have to deal with landlords or whatever government agency deals with real estate issues. The laws that govern these transactions can be rather complicated and the amount of paperwork you will have to process can be quite overwhelming. Therefore, it’s best to have a professional real estate attorney who can help you with the entire process.
4. Taxes and licenses
Every organization will have to deal with taxes, even if you’re a nonprofit. As you may know, tax issues for commercial businesses can be extremely confusing and time-consuming. Therefore, it’s best that you have a tax specialist on your side, so you can avoid problems with the IRS.
5. Intellectual property
Intellectual property (IP) laws are designed to help protect creators from having their work stolen, which is a problem that runs rampant on the internet. The regulations on these matters have become much more strict in recent years, as more and more people have turned towards the internet as a means to publish their work. If you have accidentally used another person’s IP they will most likely contact you as soon as they learn about it. They will ask you to take down the post and it’s best that you comply if they can prove that they are really the owner of that work.
Stealing someone’s intellectual property is a serious crime. If you are involved in doing so, you can end up in jail if you get caught. Therefore, it’s very important that you have a lawyer who specializes in IP infringement to help prevent your company from being sued and to represent you in case someone steals your work.
If you’re looking for a professional legal team to help protect your company, Schuller Law is your best option. Get in touch with us today to see how we can help.