On a typical day, entrepreneurs may wonder whether their small business really needs legal assistance when it comes time to make a major deal or manage a lawsuit. However, the advantages of having legal help become more apparent. Choosing an attorney or law firm that fits well with your company isn’t always straightforward. Consider a few tips that may help you select your optimal legal advisor.
1. Pinpoint Your Needs
First, make sure you have a clear understanding of your expectations for your attorney. Do you need him or her to write up and review contracts now and then? Will you be working with your attorney on an ongoing basis? Ask your prospective legal representative whether he or she can fulfill these roles.
Additionally, be sure to note whether your industry involves many rules and regulations that your legal professional must understand. Some attorneys may have experience working with companies in specific industries and it can be advantageous to find someone who understands the unique liabilities you may face. You may also require legal counsel about specific issues such as tax laws, so be sure to inquire whether a given lawyer specializes in these areas. Other important things may come up too, like when another business is attempting to compete that may seem to cross legal barriers that are unfair to your business. If this is happening to your business then consider reaching out to a business non-compete agreement lawyer in Des Moines, IA from a law firm like the Law Group Of Iowa.
2. Discuss Prices
Successful entrepreneurs have to stick to their budgets, so it’s critical that you know all the ins and outs of your lawyer’s fees. Some legal professionals charge by the hour, while others may set a price for each specific task you require. Depending on your advisor’s degree of experience, these fees may vary over a great deal of different price points.
3. Consider the Attorney’s Location
Although it is not always necessary to meet with your attorney in person, it is best to find a lawyer in your area. This way, he or she can represent you in court or attend meetings between several parties. A good way to find an attorney near you is to ask for referrals from other entrepreneurs you know and trust. You could also check the bar association’s website to make a list of the legal professionals in your city.
4. Understand the Firm’s Approach
Finally, do your research and ask attorneys about how they handle work for each client. For example, how often and at what hours will your advisor be available to provide legal counsel? Additionally, note whether you will be working with a single lawyer or multiple associates. Make sure you will be able to get skilled help when you need it.
Finding a trustworthy legal advisor is a must as this person will be involved in many of your company’s most important decisions and help to drive the business forward.