As leading business and real estate lawyers serving South Florida, we frequently represent clients who are in immediate need of our services. In some cases, they need our help meeting deadlines associated with real estate transactions or securing funding for their startups. In other cases, they are facing litigation. While we are always happy to help in these circumstances, we also recommend that new and existing businesses should always have a lawyer on retainer. Here’s why this is so important.
For a new business, an attorney on retainer ensures consistency from the beginning
A common misconception among budding entrepreneurs is that there’s no need to keep an attorney on retainer until the business is established. However, this isn’t necessarily so. While it may take some time to find the business lawyer that is the best fit for you, once you have done so he or she can help your business grow from the beginning. By keeping that lawyer on retainer, he or she will become a valuable ally and a valuable resource.
Specifically, he or she can provide comprehensive legal advice and representation with issues including but not limited to:
- Incorporation – helping to identify the best business structure for you based on your immediate and long-term needs, tax implications and so forth.
- Business partnerships – including the creation of partnership agreements that protect your interests in the event of a dispute.
- Contracts – including the drafting of contracts & resolution of contract disputes/breach of contract.
- Employment matters – including compliance with employment laws and regulations; and representation in a lawsuit initiated by an employee.
More ways an attorney on retainer can help established businesses save time and money
Although it may seem counterintuitive, having an attorney on retainer can actually help an established business save time and money. This is because it eliminates the need to hire a lawyer whenever something urgent comes up. It also ensures to the attorney that you aren’t “just another client.” In other words, you’ll be sure that your business needs are addressed promptly and professionally.
Another benefit of this type of arrangement is that the attorney you have on retainer will be uniquely qualified to address the legal needs that are specific to your business. Of course, this will depend on the type of business you have. However, they generally range from employment law and human resources, to intellectual property law, business contracts and more.
Finally, the attorney you have on retainer will also be familiar with the local laws that directly affect your business, in addition to state and federal laws known by most lawyers.
Call now to schedule an appointment with an experienced business lawyer at Capital Partners Law
What Should You Do Next?
If you are interested in learning more or speaking with an attorney at Capital Partners Law, there are plenty of ways to get in touch:
- Call us toll-free at (833) 7-CAPLAW
- Complete a New Client Intake Form (No obligation – an attorney will review your information and contact you to discuss your needs).
- Schedule a Free Consultation
This article is for informational purposes only. It does not create an attorney-client relationship with any reader nor should it be construed as legal advice. If you need legal advice, please contact our firm.