Legal

Why You Need A Lawyer?

In the famous words of the “FRAM” oil filter man, “pay me now or pay me later” or “an ounce of prevention is worth a pound of cure”. A few dollars spent upfront to get the right legal advice avoids $1,000s of dollars later when you find yourself in a legal quagmire—in other words, a legal mess.

How To Select The Right Lawyer For You

A referral from a trusted member of your advisory team is always the best way to select a lawyer. These individuals are aware of your type of business and recognize that you need someone who has expertise in small business. Professional associations are another source of lawyers. You can ask these associations to provide you with the names of lawyers who provide legal services to small business in your local. Online searches, ads in newspapers and the yellow pages are also good sources of lawyers.

What A Lawyer Can Do For You

A lawyer is necessary to advise small business owners on many matters, including:

Business Structuring
Incorporation
Shareholders' Agreements
Contracts (with customers, suppliers, and employees)
Labour Laws
Mergers and Acquisitions
Exit Strategies
Personal Wills and Powers of Attorney
Estate Planning Matters