Anyone going into a business venture needs to have a good attorney or at least know who you are going to call on if you need legal representation. It’s a good idea not to wait until a problematic situation happens. Hopefully, it won’t, but you never know.
You may need help navigating the many forms and requirements of legal documents involved with startup (like incorporation documents). And even though having an attorney is expensive, you know your startup is being done right. The money you spend on experience will save you time, hassle, and money in the long run.
Because you don’t know what you don’t know – having an attorney frees you to focus on other aspects of startup, so you don’t have to spend time learning about the legal processes.
An attorney can help with specific tasks, like trademarking your name, reviewing lease documents, discussing potential legal structures, preparing incorporation forms.
Yes, you can use on-line form providers, but if something is not done correctly, you are limited usually to on-line communications. Sometimes and depending on the company you are dealing with, getting issues resolved could become very frustrating. If you do use an on-line company, make sure you do thorough research on the company and the quality of their services.
Having an actual attorney working with you gives you someone that you can deal with in person. You can pick up the phone and call your attorney. You can meet with him or her in person. That’s always a benefit.
A Quick Business Tip submitted by Stephanie Lawson who is currently a paralegal for the EGH Law Firm. Stephanie hopes to have her law degree early 2015.