Why You Must Have a Personal Attorney for Your Business

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Hiring an attorney is something we only consider if we run into trouble. As SME owners, however, we ought to rethink our stance.

Having an attorney by your personal solicitor in the event of something going wrong is like having an ace up your sleeve. The business world is competitive and filled with dangers to the unwary business owner. From upset and disgruntled customers to other competitor businesses who want you to fail, there are plenty of people who would sue you, given a chance. A personal attorney is a must-have as your front line of defense against them.

How to hire a personal attorney for your business?

According to an established attorney in San Luis Obispo, a personal attorney for your business helps deal with any and all legal matters that arise. Keep one retained by paying a small monthly fee, which means they are available for consultation whenever you need legal advice. Simply call them to discuss a deal or to arrange a monthly retainer fee.

You can hire a personal attorney as the need arises but working on a retainer means you have access to legal advice as and when you need it. There is no calling around for the best rate or panicking about over-representation for an upcoming event.

What does a personal attorney for business do?

A personal attorney for your small business anticipates and takes care of all your legal processes. The exact nature of what they do depends on what it is that you sell. If you deal with manufacturing, they may arrange to view the products for any potential future lawsuits. They may wish to handle the patenting process or work to protect the intellectual property of the people who create them.

A lawyer can help you pay your taxes correctly and represent you in corporate matters and in commercial legal affairs. They can advise you when you are the victim of cybercrimes and can help manage the fallout from damage to your reputation.

What type of business lawyer do you need?

A personal attorney for your business is a generic business lawyer. They handle all aspects of your business’s legal processes. These are the kind you would like to keep on retainer to consult with if anything arises. As general business lawyers, they can advise you on all aspects, which some would argue them best suited.

However, a personal attorney/generic business lawyer might call in outside help when they need to consult with experts in particular areas of the law. They may consult with a taxation lawyer on your behalf or seek the specialist skills of a commercial property lawyer when it comes to securing new brick & mortar establishments for your business.

Do I need a lawyer to start my small business?

You may or may not need to consult with a lawyer from the outset of a new business venture. If you are unsure about any legal processes, you should consult a lawyer from the beginning. You do not legally need one to begin a business. However, if you want to begin a business that doesn’t break the law, it makes sense to seek advice first.