Having a good lawyer for your business is essential. They help with all kinds of issues, from copyright disputes to compensation claims. Whether you’re looking for small-town lawyers in Arbury or a major firm in New York, your commercial lawyer will be qualified to advise you on decisions you make about your business, so you can navigate your way to success without overstepping any legal bounds.
As they are so important, selecting the right lawyer is essential. To help you choose wisely, here are five tips for selecting the best business lawyer:
Do They Have Relevant Experience (and Lots of It)?
Some industries are much more complex than others, which is why you want a lawyer who has extensive experience with the specifics of your industry. This will ensure they are aware of all the latest laws and regulations, and they will know how to help you navigate your industry effectively and legally.
They should have a broad amount of knowledge on different legal matters, but if you have a specific issue, you need someone who comes pre-equipped with relevant experience. You don’t want them playing catch-up on your time.
Are They Willing to Educate You?
Almost two-thirds of entrepreneurs say that before starting their venture, they had no experience managing or owning a business. Even if you have some business experience, you probably don’t understand legal jargon or contract-specific terminology, which is why your lawyers must be willing to educate you.
They don’t need to teach you everything they learned at law school, but they do need to be willing to answer questions and explain complex terminology. If they seem irritated by your requests for information, look elsewhere. That lack of willingness to educate will be enormously frustrating if you need to work closely with them on a complicated problem.
Are They Transparent About Fees?
You need to know about fees for any services upfront so that you can make an informed decision about whether or not to go ahead. Without this transparency, you could be charged more for court fees, paperwork, and other things you didn’t know were part of the price.
For example, legal action against a small business can cost anything from $3,000 to $150,000. That’s a wide range of costs, all with different impacts on your business. It’s important that your lawyer fills you in on all potential costs and the various options before going ahead and getting any legal processes started.
Do They Show an Interest in Your Company?
A business lawyer who will be working with you regularly should show signs of wanting to know more about your industry and your business. They should show that they are willing to understand what your niche is, the kind of legal issues you face, and the kind of customers you have. This guarantees that you aren’t just getting off-the-shelf legal services. Instead, you’ll enjoy specific legal strategies and services targeted to suit your needs and goals.
Do They Offer Remote Services?
In 2022, more than 50% of workers in the United States said they were operating remotely. It isn’t vital to choose a lawyer who offers remote services, but it can be helpful. It broadens your talent pool and makes things much more flexible if you move around a lot. Remote services equate to flexibility; if you’re a busy business owner who’s hard to pin down, that can be invaluable.
With the right business lawyer, your business can navigate legal challenges with strength, strategy, and success.