A good number of entrepreneurs usually have an ingrained distrust of attorneys. The last thing many of them want is to rack up huge legal fees. Others wait for an attorney to advise them on why they shouldn’t do something. While most small business owners view themselves as effective problem solvers, there’s no doubt that lawyers boast the expertise to identify prospective issues before they happen.
While your company/business might be small, numerous legal issues can come up during its infancy. The issues can be drastically exacerbated when the small business is located in a major and fast paced city like New York. The issues range from hiring your first employees to setting up the legal structure of your business, to fending off potential lawsuits that are almost certain to come up from random people filing frivolous or vexatious lawsuits, to business partners to and everyone in-between.
Of great importance to note is the fact that laws are highly complicated. The same is true of the accompanying language. Fortunately, with a small business lawyer by your side, you are more likely to be able to better understand what you are dealing with. Secondly, a lawyer can be handy at helping you arrive at the best decisions regarding the sophisticated processes that startups tend to go through.
The following are some of the major reasons why your NYC small business needs a NYC small business lawyer:
Helps you deal with employee issues
Hiring an attorney is handy when it comes to helping you deal with employee-related issues. For example, when you’re deciding whether to use independent contractors or hire employees, you must adhere to specific laws. Attorneys are familiar with such laws. They can cushion you from any form of trouble. When you’re engaging an independent contractor, you’ll require an agreement to be drafter that outlines and defines the relationship you are to have with the contractor. With an attorney by your side, you won’t have to worry about anything going wrong.
Helps you when negotiating or drafting contracts
Chances are very high that you’ll enter into more than one contractual relationships when running your small business. A contract attorney ensures that you don’t sign a contract that’ll jeopardize your business. Lawyers are professionals when it comes to rooting out problematic clauses and identifying when you need to incorporate extra language. For example, if you pen a contract that’s devoid of a dispute clause, you can find yourself in a lawsuit rather than solving the issue with mediation.
Helps you solve environmental issues that affect your business
Are you suffering from an environmental issue, which affects your business? If yes, then you certainly need to consult a lawyer. Such issues can arise from development of raw materials, emissions, waste disposal, manufacturing etc. While your business might not be involved directly, it could be affected still. Therefore, you need the services of an attorney just in case it happens.
In summary …
The advice of a lawyer provides guidance regarding potential situations, which you hope will never happen. For instance, if there is fire within your building, the last thing you want is to realize when it’s too late that you should have obtained proper insurance coverage. If sexual harassment issues arise, you don’t want to make a bad decision or be caught off guard. What is for sure is the fact that hiring a lawyer brings with it an array of advantages to your small business. There’s no doubt about it.