When you’re setting up a company, it’s easy to get caught up in your website design, your logo and company ethos as well as hiring staff and chasing that first sale. All good businesses need these things. Sadly one key element of owning a business is having the law on your side and the best way to achieve this is by hiring a business lawyer. 

The value and support that a business lawyer can bring to your start-up are unparalleled. Not only do you get to work with someone who has the experience, but someone who can guide you and your business into making educated decisions all with the law on your side. 

Want to know more? Read on for why your company should hire a business lawyer. 

Litigation 

Litigation or commercial litigation is something that can plague businesses large and small. No matter what your industry may be. A business lawyer will be able to inform you in all areas of litigation, including contractual disputes, supplier disputes, customer disputes, internal issues and even bankruptcy proceedings to name but a few. Having a business lawyer on your side will mean you can mediate between different parties, which can in turn get you the best possible outcomes in your business. 

Employees 

Your employees have rights that need to be adhered to. They’re also obliged to work in an environment that is safe and fair. As a business owner with limited legal knowledge, things like regulations, laws and the latest legislation can be difficult to keep on top of. Your business lawyer should ensure that everything you do for your employees is legal and above board. It also gives your employees a sense of security that their rights are being protected. 

Property and buildings

As a business owner, your premises say a lot about you and your company. From a slick, stylish office block in the middle of a city, to a spacious, efficient warehouse with room for employees, stock and sales, having the right kind of property at your disposal is a must. A business lawyer will ensure that you’re getting the best value for your money, and they’ll be able to unpick and explain the terms of your lease and contractual agreements, making them a valuable asset! 

Contracts

A business runs on contracts, whether that’s between your employees and you, your suppliers, vendors, clients, and as mentioned above, landlords. Contracts need to be secure and ensure that both parties are protected should something go wrong. This is when your business lawyer will step in. They can draft up contracts for other parties to sign and they can also oversee any contracts you might be required to sign. Pulling up any concerns or issues that think might be detrimental to you or your business dealings.

As you grow…

A business lawyer is a great investment, especially as your business begins to grow. Whether you’re incorporating other businesses, buying out others, purchasing new properties or buying and selling different products, your business lawyer can support you with their knowledge and experience, all with business security in mind.