Thoughts on Business

Most business owners will likely need a lawyer and some time and not necessarily because there is a big issue that needs to be addressed. More likely than not, one or more of these things will come up during your business ownership:

• You need someone to review and negotiate a lease.
• You need to set up a business entity.
• You need help drafting, reviewing or negotiating agreements.
• You have issues with customers who do not pay.
• You need to protect your intellectual property.
• You have issues with employees.
• You are closing on a commercial loan.
• You are selling your business.

This list is only the beginning. Issues arise every day, large or small, that you might want to discuss with a lawyer. That is why it is important to develop a relationship with a lawyer you trust before you have an issue. You may even want to retain a lawyer as outside general counsel for a flat fee each month so you don’t hesitate to call with even the smallest of issues.

Excellent legal advice does not need to be expensive. There are options other than the large law firms that charge excessive hourly rates. Find a small law firm or a solo practitioner that is an expert and you can receive great legal counsel at reasonable prices.

Things to consider when retaining a lawyer:

• Does the lawyer have experience in your area of need?
• Does the lawyer have practical experience relevant to your business?
• Do you receive personal attention from your lawyer in a timely manner?
• Does your lawyer care about you and your business?

Bottom line, developing a relationship with a lawyer before you need one will go a long way in ensuring your long-term success plus keep you out of situations that may cause big problems down the road. It’s easier and much more affordable than you may think.

You are invited to schedule a free consultation. You can also email glen@willrayconsulting.com or call 508.250.0797.