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Small Business Legal
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Featured Article
How To
Choose A Lawyer?
Are you a business owner? Do
you need to find a good lawyer? Finding good lawyers is
critical to your situation and has significant impact on
success or failure. What are situations when an entrepreneur
should have a lawyer? Any situation that can have a legal
impact to your business should be consulted with a lawyer.
Here are some examples:
- Choosing the right business
structure
- Obtaining financing
- Signing complicated contracts
- Lease negotiation
- Employee / HR issues including hiring an employee
- Protecting intellectual property
- Acquisition of another company
There are certainly more
situations where an entrepreneur should consult with a lawyer,
but this provides you with a good idea of when to look for a
good lawyer. What needs to be looked at when hiring a lawyer?
Hire a specialist and not a generalist. A "Jack of all trades,
master of none" can provide you with average results, but
depending on your situation the specialist will get you where
you need to be. Understand the fee structures and how much the
legal advice will cost you really. Try not to buy legal
knowledge alone. A lawyer with the right connections and a
network of contacts can eventually provide you with more than
just legal knowledge. Networking is an important task for any
entrepreneur to be successful. Fire a lawyer if he or she does
not perform. Waiting too long can cost you more than just an
'arm and a leg'. Be cost-effective. Some things you can do
yourself instead of having your lawyer do it (and charge you
for it). Make sure you like the lawyer. Nothing is worse than
dealing with a person you hate - no matter how good he or she
is.
Choosing the right lawyer is
a little bit like a lottery. But you have the chance to
improve your chances by doing the appropriate research
upfront.
About the Author: Christoph Puetz is a well
respected author and business owner. He has published
books on both sides of the Atlantic Ocean and also
runs a successful small business. He operates a
Find Good Lawyers website as well as a
small business blog.
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dead link Jan 18 2007
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