Articles tagged with: solicitors

Why a Business Owner Needs a Lawyer

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Business

If you own your own business, you will need the assistance of a good lawyer at some point during your tenure as a business owner. Whether you need help drafting documents pursuant to a change in corporate structure, drawing up documents to finalize a merger or acquisition of a new company or simply to settle a dispute with a a partner or employee, the right lawyers can make it easier to effectively run your company. We spoke to the people at Carter Capner Law in Brisbane, to get an idea of what business people should look for.

Lawyers Can Take Care of the Details for You

Your attorney can take care of all the details that you may have overlooked when writing a contract to acquire another company or when allowing a new partner to join the business. While you might not think that changing a few words in a contract matters, it could be the difference between winning a case or owing thousands of dollars to a partner or another third-party in the future.

Solicitors Have an Understanding of the Law Wherever They Practice

If your business is located in a foreign country, it may be a good idea to have solicitors who know the law in that country. Even if you have a good grasp of the law in your home country, it doesn’t mean that those laws are the same or interpreted the same elsewhere. Having a lawyer in each country where your company operates makes it easier to ensure that it is complying with all of its legal obligations.

A Judge May Have More Respect for a Lawyer

When trying a case in court, you may have the opportunity to represent yourself. While this may be worth doing in a mediation session, going to trial as you own attorney may not work out so well. In fact, the judge in your case may require that you hire an attorney who can act as your legal guide throughout the case. If you are required to retain counsel regardless of whether you try the case yourself or not, it may be beneficial to hire someone to represent you fully.

Your Lawyer Has More Resources to Study the Law in Your Case

An attorney may have more resources such as a team who can research relevant case law as well as better resources from where to glean that information. While doing research online may be alright to get a basic understanding of the law, it will not replace being able to read actual court decisions.

For business owners, a good lawyer is someone who should be part of the company payroll. Your attorney may be able to help get cases dismissed or settled in your favor, which means any money that you pay him or her will be more than repaid after one or two favourable court decisions.