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What does a Business Lawyer Do?

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With all the different things a business lawyer can do for a business, the services of a business lawyer can be critical to a business. Small businesses in particular can really benefit from small business lawyers, but virtually every business can use at least a few of the many things a business lawyer does.

A business owner does not necessarily need to be involved in a business dispute to need a business lawyer. A business lawyer can play a crucial role in the formation of a business, the sale of a business and everything in between. In fact, a business lawyer can help protect all parties involved in various business transactions to stop disputes before they start.

A business lawyer can explain the rights and responsibilities to business persons converting a business to a partnership, a corporation, a limited liability corporation or other formation. Other services for new businesses include assisting in leasing operating space, obtaining operating capital, myriad consulting services and more. Business lawyers can also help you navigate the complex city and county compliance codes. Depending on the type of business, there may be state licenses required. A business lawyer can help with these needs as well.

Businesses also require a wide range of contracts with vendors, clients, employees, government agencies and others. A good business lawyer will work to protect your personal and business interests.

In the event of a business dispute, a business lawyer can help protect clients as individuals and business entities. Business lawyers can help in the event of a breach of contract. Also get help with collection of debts and the use of liens if additional collections actions are needed. Disputes may proceed to arbitration with the help of a business lawyer.

As a business grows, the owners may want to take it public with an initial public offering with the help of a business lawyer. Business lawyers can also help facilitate full or partial sales of a business, handling both the financial aspects and the changes to the business formation. From the start of your business venture to the finish, having a business lawyer in your corner to offer countless services can make running your business go much more smoothly.

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