What Can a Business Lawyer Assist With?

Business law is a vast field that covers many different topics. From contracts and income tax to intellectual property and labour law, it can be difficult for a business to deal with the issues that arise in these areas on their own. Knowing what a business lawyer can assist with is crucial for ensuring that you have the assistance you need during a difficult or complex situation. That is why the business law experts at Linley Welwood have compiled a list of areas a business lawyer can assist with.

5 Areas a Business Lawyer Can Assist With

While there are many areas a business lawyer can assist with, the following are among the most common:

1. Business Formation

Business lawyers can provide you with insightful advice when you are first starting a business to help you properly form and register your company. Since starting a new business usually requires a lot of paperwork, this advice can be invaluable and help you ensure that nothing is missed.

Learn why you need a lawyer to incorporate a company.

2. Employment Law

Ensuring that you are treating your employees fairly and in accordance with the Employment Standards Act is vital for the success of your business. If you are uncertain about anything related to the hiring, firing, or everyday work standards for employees, consult your lawyer to ensure that you are following the law to the letter to minimize the risk of liability.

3. Contracts

A reputable business lawyer can help you prepare and negotiate a wide variety of different contracts, including lease agreements, purchase and sale agreements, and agreements with third-party vendors. While contract law has many rules and considerations to keep in mind, business lawyers are experienced in dealing with all of the nuances that could potentially impact the validity and enforcement of a contract.

4. Business Sales and Acquisitions

If you are looking to sell your business or acquire an existing business, there are many details and documents to account for. A skilled business lawyer can help you ensure that every document is completed correctly, allowing to navigate the selling or buying process smoothly while minimizing stress and hassle.

5. Bankruptcy

Making the decision to file for bankruptcy can be complicated, especially with the different types of bankruptcy filing options available for businesses. Since each bankruptcy filing option has its own requirements, certain options might work better for your business than others. Working closely with a business lawyer will ensure that your business completes the filing accurately while complying with any related requirements.

To learn more about the areas that fall under business law or to learn about our services, get in touch with the team at Linley Welwood. We can be reached through our online contact form and will be happy to answer any questions you may have regarding our services or the details of your business.