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Business Law

Business Law

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It’s important for any business to understand the various aspects of law as they pertain to an individual company/corporation. Business law takes on many forms and includes many different types of legal issues.

It makes no difference whether a business is new or is established, there will be challenges it must face that necessitate the need for a business to engage the services of an experienced and ethical attorney. Both large and small businesses need to have skilled lawyers they can trust to handle a variety of issues that could include any of the following:

  • Business formation or dissolution
  • Complex business litigation
  • Issues regarding franchise law
  • Real estate
  • Sales and purchases
  • Patents and trademarks
  • Collection of payments
  • And more…

These are only a few of the circumstances under which a business may need a lawyer to provide legal advice or services. The current state of the economy may make the idea of running a business seem rather intimidating, but having the right business law attorney can help with the process of organization and get your business going in the right direction.

The right business law attorney will help a business owner evaluate the necessity for various legal structures in order to minimize both civil liability and the consequences it might face when it comes to taxes. An attorney can make sure the business is rolling in the right direction by providing assistance in areas such as corporate notice, records, corporate governance issues, and issues related to the shareholders.

Formation of a Business

Anyone starting a business has several choices when establishing the type of legal entity they wish to create, such as:

  • General partnership
  • Limited partnership
  • S corporation
  • C corporation
  • Limited liability company

Each one of the above legal entities has its own specific liability and tax structures and advantages. The right business law lawyer can work with the business owner in order to explain the differences and help the client make the right decision. A business law attorney will also help the owner or an authorized representative prepare and file all documents that are necessary in order to make sure the company is in compliance with the laws of the individual state. This might include things such as corporation articles or organization, tax registrations, partnership agreements, and/or by-laws.

Civil Litigation

Many people are of the opinion that businesses have “deep pockets;” an opinion that makes them prime targets for civil litigation. If your business is facing a civil lawsuit, call 1-800-ATTORNEY and speak with a lawyer in your area. We look forward to protecting your interests.

Want to learn more? Check out our online library of expert business law articles.

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