5 Reasons Why Your Business Needs a Lawyer
A lawyer is a critical component of any business. However, some business people will only hire a lawyer when they have a court case. In this essay, you will learn why your business needs a lawyer. 1. Compliance. When starting a business, you need a lawyer to evaluate the scope of your operations. A good business lawyer will ensure that you do not break any laws regarding zoning, licenses, product processing, storage and copyright.
Critical Issues to Consider Before Leasing Commercial Property for Your Business
Leasing a commercial property for an office or retail enterprise is an essential step in business. The lease agreement plays a critical role in determining the success of your business. If you sign a lease with numerous legal restrictions and terms that favour the landlord, you may have as well agreed to an enslaving agreement that may paralyze the business. That is why it is critical to take your time in understanding leases before settling for commercial property and putting down your signature on the contract.
Key Reasons Why Large Businesses Should Retain a Business Lawyer
If you run a business with a large pool of employees and/or a large customer base, it is best to retain a business or corporate lawyer. Commercial issues or disputes are bound to arise every now and then, and when they do, you should have a specialised lawyer at your disposal. Of course, you will have to pay for the services of the lawyer, but as the following points will reveal, there are some great benefits your business stands to gain over the long run.
Can a Court Decline to Enforce a Business Settlement After an Arbitration Process?
Are you unhappy about the settlement that your small business obtained from a larger company during an arbitration process? Read on and discover some of the circumstances under which you could ask a court of law to rule that the settlement is unenforceable. Doubts About the Arbitrator's Impartiality The arbitration clause in the agreement that your small business signed with a larger company may have given the large company the right to select an arbitrator in case there was a business dispute that developed in the course of the two businesses relating with each other.
How to Protect Your Intellectual Property as a Small Business
You work hard to be creative in your small business and come up with unique ideas. It would be unfortunate to have someone else steal those ideas before you are able to claim them as your own. This is why you should always protect your intellectual property every step of the way. Here are some tips for doing that. Learn About Intellectual Property Intellectual property encompasses any creations you have made on your own, whether it is a logo or tagline you created for your business, or an invention you made that you intend to patent and sell.