This professional offers legal advice to persons who are involved in all aspects and stages of any business. Some of the things that business law attorneys do include:
• Make sure that there is compliance with all local business laws. If they do business internationally, they will make sure they comply with those laws too.
• Offer advice and file forms for each step from the formation of a business to the dissolution if necessary,
• Handle lawsuits
• Review and write contracts
• Create staff manuals
• Enforce polices or guidelines
• Cover all communications with the media
One important job of the such law attorneys is the formation of a new business. If there is more than one owner, they will advise them on the type of business they are forming. It could be a partnership, corporation, or limited liability company. When forming a business of any type it entitles a concrete understanding of the liability and tax implications of each kind of business. Once the business is formed, the attorney may be liable for filing all of the annual reports and other forms involved with the business with the different government agencies.
Many times businesses will use such a law attorney when they want to terminate or dissolve their business. This is done to ensure that the pre-established dissolution guidelines are followed correctly. The attorney may also handle new issues like a lien, a big number of assets, or an outstanding debt. Business law attorneys may also give advice on some of the daily events in a business. They may be asked to develop guidelines for human resource staff regarding the firing and hiring of employees. If an employee notices that they have been sexually harassed, discriminated against, or wrongfully terminated they may handle the law if one has been filed. They could work on the behalf of the employee or employer.
Sometimes business owners will call business law attorneys if they have questions about specific ways to save money such as whether they should own or lease a building. They may also want advice on where they can conduct their business to avoid having to pay high taxes, which is particularly true if they are thinking of expanding their business internationally.
Some business law attorneys are familiar with patent laws so if a business has developed a product they may contact an attorney to help protect their interest by filing a patent. If the attorney has an understanding of intellectual property laws, they may be asked to help a business trademark the name of the product or their business name. Business law attorneys may act as the businesses spokesperson if a lawsuit they are involved in catches the attention of the media.