Whether you’re a start-up company working out of a small business park, or an established company with millions of dollars in sales, a key member of your executive business team should be a business law attorney.
As a business owner, you may be jugglinga dozen tasks at any given time, many of which have major implications for your business. Having an experienced lawyer on board can help you make smart decisions, making sure your business stays healthy and vital.
A well-rounded business attorney can assist an owner in many ways. For example, if you plan to incorporate your business, an attorney can help you draft bylaws, articles of incorporation and partnership agreements, among many other legal documents.
While an attorney will prove their worth in routine legal issues, they are especially important to have on board in times when litigation could take place. An attorney may be called upon to deal with a wide range of issues, some of which include:
• Intellectual property issues
• Mergers and acquisitions
• Trademark infringement
• Shareholder disputes
• Financial disputes
• Licensing issues
• Employee relations
• Environmental regulations
There are dozens of scenarios where an attorney can be called upon to protect a business owner and their interests. In addition, in most business situations, an attorney can also be a trusted member of a senior business team to give impartial advice on non-legal issues.
For small businesses and start-ups, it is not necessary to have a full-time lawyer on your payroll. Many businesses retain lawyers on a consultation basis, calling on them only when needed. The key is to have a relationship already so that when an attorney’s services are needed, much of the groundwork is covered and they already have all the important information about the business.
The Law Office of Christopher Kalis serves Dallas, Fort Worth, Plano and surrounding Texas communities.