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A business law attorney provides legal advice on all aspects of a business venture, including compliance with trade laws, formation of the firm, dissolution, contracts, personnel handbooks, and intellectual property. They may also act as a spokesperson for the company in sensitive situations.
A business law attorney offers legal advice in almost all phases and aspects of a business venture. In general, he will ensure that a business complies with local and international trade laws. He can also offer advice and submit forms for each step from setting up to dissolving a business. He can also handle legal claims, review and write contracts, create personnel handbooks and enforce guidelines or policies. He could also cover all communications with the media, particularly if an issue is a hot topic.
One of the most important duties of a business attorney may be at the very beginning of the relationship, the formation of the firm. It is vital to advise entrepreneurs on the type of business they are forming, such as a corporation, limited liability company or partnership. The training involves a concrete understanding of the tax and liability implications of each type of business. Once the company is established, it may be responsible for submitting all annual reports and other forms to government agencies.
Many business owners use a business law attorney when they want to dissolve or terminate their businesses. They may want to ensure that set dissolution guidelines are followed. The attorney may also handle new matters, such as outstanding debts, a large number of assets, or a lien.
A business law attorney may also be asked to advise on some of the day-to-day goings-on of the business. For example, you may be asked to write a personnel handbook or develop personnel guidelines related to the hiring and firing of employees. You may also handle a lawsuit relating to wrongful termination, discrimination or sexual harassment by working on behalf of the employer or employee.
Sometimes business owners may have specific questions about ways to save money. For example, they may ask a business law attorney whether they should rent or own a building. They may also seek advice on where they should conduct business to avoid high taxes, particularly if they are interested in expanding internationally. Occasionally, a business law attorney will also provide legal advice on business ethics.
If a company has developed a product, it may want to patent the product to protect its interests. In these cases, the business law attorney may need to be familiar with patent law or be able to recommend an experienced patent attorney to owners. Additionally, the company may want to register its name or the name of its product, which also requires an understanding of intellectual property laws.
If a particular topic or cause captures the interest of the media, the business attorney can act as a spokesperson for the company. Typically, this is done when the information being discussed with a newspaper, magazine, or TV news outlet is sensitive. For example, if a company has been threatened with legal action, anything said to the media can be used against the company in the courtroom.
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