When Do I Need a Business Lawyer?

Most business owners do not retain a lawyer experienced in business matters until they are confronted with a legal problem. However, legal consultation and guidance is a cost of doing business. Any money expended prior to the onset of any legal issue will reduce exposure to risk and improve the position of the business in its defense.

The lawyers and the legal professionals of the Shenon Law Group, located in Sherman Oaks, California, want to educate their clients, new and current, on when to retain a business lawyer for consultation and representation.

Issues a Business Owner Can Handle

There are matters that are straightforward and not difficult to learn in the day-to-day operations of any business. Below is a list of tasks that any owner may take upon themselves with the aid of self-help resources in print or online.

Writing a business plan
Reserving and registering a business or a trademark name
Reserving a domain name
Applying for an EIN (employer identification number)
Applying for all pertinent licenses and permits
Interviewing and hiring employees

The above list is not exhaustive or all inclusive as there are many other administrative tasks that owners face and handle every day. If a business is well funded and the owner has a low tolerance to risk, then a business lawyer could perform all of the above tasks.

Issues When a Lawyer is Needed

It is wise for a business to be in the best position prior to any serious legal problems. Below is a list of issues where a business attorney should definitely be retained.

Employee initiates a discrimination suit – the employee can be current, former or prospective
Complaints filed or citations issued by a government entity
Special allocations of profits and losses through the business
Environmental issues
Real Estate matters
Merger of, or an acquisition by, your company

Prevention is Key

When a business faces a civil lawsuit, all preventable damage has occurred, and the question remains of how much. How much will the business need to expend in attorneys’ fees, court costs, and damages?

Whether starting a business or have in operation for several years, an owner should arrange for a consultation retainer with an attorney experienced in business, real estate, and merger and acquisition transactions. An attorney with this experience will provide guidance and advice through the course of operations. If your business is structured and operates pursuant to legal advice, then you and your business are in the best position to minimize risk exposure.

Please contact the attorneys and the legal staff at the Shenon Law Group, located in Sherman Oaks, California, for a consultation on your business structure and operations. The Shenon Law Group is trusted and highly recommended in the business, real estate and merger and acquisition areas of law.

Effect of Lockdown on Small Businesses

The universal COVID-19 pandemic has led to one of the worst economic mayhems we have experienced in a few decades. Its manifestation has been felt across the globe, with even the largest economies such as the UK, USA, and China grieving over the turmoil it’s caused. Tourism and hospitality sectors are especially being hit the worst, with international travels being derailed mandatorily by the law. The pandemic has also sent ripples across small businesses in the affected countries, with the less left countries employing stringent measures such as no contact between people. Lockdown orders are being issued on a no-nonsense directive by heads of states to aid in preserving the health of their citizens. It’s clear to see that such directives inhibit the interaction of business owners and their customers. The small business sector where customers meet for services directly from their providers is notably the worst hit. This has called for financing institutions recording an inf

Shenon Law Group

Search This Blog