When to Hire a Lawyer
It is better and cheaper to hire a lawyer at the start of a project than after it blows up.
A little Cost Now, or a Lot Later
Most people only think to hire a lawyer when they get into trouble or are threatened with (or need to threaten) a lawsuit. However, talking to an attorney early in your business venture can save you time, headaches, and money later.
Hiring a lawyer is a bit like going through a divorce. It is a whole lot cheaper to get into a tough spot than it is to get out of it. It's certainly a lot more paperwork.
How do you decide when to hire a lawyer while living on a limited budget? Each situation is different, but here are some helpful tips on when you should consider talking to an attorney.
Rushing Doesn't Help
Most small businesses owners are focused on getting their product or service to market. They want to generate sales as quickly as possible. Hiring a lawyer is not usually on the top of a new business owner’s list of things to do. However, you should hire a lawyer early because its a wise decision. You'd rather know up front if you have to include a disclosure on a form up front, than be sued by the FTC and shut down next year.Ideally, all new business owners would look for an attorney to advise them immediately upon registering their business with the Secretary of State. Realistically, cost prevents some new businesses from employing counsel to do all those things. If you have wisely decided to hire a lawyer, we have reasonable cost structures for business. We even have some flat fee options. Contact us today at (888) 200-9824 to find out how easy it is to hire a lawyer to help you.
When safety is an issue
When the transaction is large
When exposure to loss is large
Multiple small transactions
If your business model is selling something illegal in your area, you would probably benefit from knowing that early in your business’ life. We are not talking about drugs. You could be inadvertently failing to provide proper disclosures that makes each transaction illegal. For example, gyms are requires to provide specific language in each contract or they are rescindable indefinitely into the future. A class action challenging each small transaction would obviously be devastating. If your business relies on multiple small transactions, it would be wise to ensure those comply with any technical code.
Selling to consumers
We help small businesses avoid unnecessary losses. Call us to discuss your business today.
Protect your business by talking to one of our business lawyers for help and direction.Â
The initial call is free. (888)200-9824