4 Steps to Finding the Right Business Attorney for You

Most business owners may hold off on hiring a business attorney until they have a legal problem arise. This is especially true for small business owners. When starting your business, it can be easy to get caught up in all of the decisions that need to be made. As your business grows, the busyness of your daily workday can keep you from taking the time to find an attorney, and before you know it, you have a legal problem arise with no one at your disposal to help you navigate the legal process. Whether you are in the early stages of starting a business or have yet to hire general counsel, there is no time like the present to get your business on solid footing by finding the right attorney for you.

1. Understand Why You Need an Attorney

Understanding why you need a business attorney, either now or in the future, is an important first step in selecting the right lawyer. Startups and small businesses may need a business attorney for a number of reasons including choosing a business entity, raising money through venture capital and selling equity to investors, drafting founder agreements, reviewing contracts, and handling employment issues. These issues can pop up at any time so it is important to have an attorney on hand before the problems arise.

2. Do Your Research

Whether you are a new business owner or are a bit more established, you likely have professional relationships with others in the industry. Use these connections to learn about reputable attorneys in your area. Chat with business owner friends, do some online research to hear about others’ experiences, and get a feel for a few attorneys by setting up initial consultations. While it is important to consider other business owners’ experiences, your first impression with the attorney is equally as valuable.

3. Ask the Right Questions

You should come to your initial consultation with a list of questions prepared to avoid getting caught up in a “get to know you” personal conversation. The following is a good list of questions that you should ask every attorney before signing on the dotted line:

• What is your experience working with small businesses?
• What is your experience with my specific legal issue?
• Will anyone else be joining you on my business’ issues?
• Do you have any conflicts of interest?

4. Work Out Your Budget

Just like any other business deal, you should be budgeting your legal expenses and outlining your available allotment for legal services. It is important to have an understanding upfront about what you can and cannot afford. While you may not need legal guidance on a frequent basis, you should avoid putting yourself into financial trouble in the instances that you do need an attorney’s help.

Contact a Broward County Business Lawyer

Source: https://www.fundera.com/blog/business-attorney