A few years ago, I was in a pretty serious car accident. During the aftermath, I became really familiar with a lot of different types of lawyers. I worked with personal injury lawyers, insurance lawyers, and many others. Perhaps the most important, though, was the estate planning lawyer. I was really young, and neither my wife or I had thought about starting a will. But the accident kind of scared us into it. What would happen if one of us were to die? Even when still in the hospital, I was working with the lawyer to draw up a will. Now, I have some peace and security about what the future will be like if something should happen to me. And I have a lot of experience working with various types of lawyers! The accident was kind of a blessing in disguise in that way.
When you become a business owner you recognize a lot of the red tape that you have to go through in order to properly register your company, conduct business, operate in specific cities and states, and copyright your products. In order to get through all of your legal paperwork and processes effectively, you will need a lawyer at some points. Having a lawyer on standby for your business will make it easier for you to get all of the behind the scenes paperwork and court registration complete. Here are three reasons why you should make sure your lawyer should be able to represent your business and your personal needs.
Your paperwork can remain with one firm
Having a law firm represent you for your personal and business needs means that you only need to get to know one law firm. Legal paperwork can often be a headache, especially if you find yourself defending against other people's claims. By using your lawyer's services for both personal and professional one firm needs to have your personal information, business registration, and personal statements on hand at any given time. This also cuts down on the possibility of the wrong paperwork for a case ending up with the wrong attorney.
Personal and professional can blend over
If your business is being accused of a poor practice, this can also become a case where you are having to defend yourself against personal charges. If an ex-employee sues your business, depending on the setup of your company, you may be held legally liable as an individual. If this should happen, the best person to represent your defense is a lawyer who can be your personal and business attorney. This way the allegations will not have to be handled by separate law firms during the course of one case.
Money saved in business and personal coffers
Paying two law firms to draw up paperwork due to splitting personal and company issues can become a major expense. One law firm handling your paperwork and filings will mean that you can do all you need without having to divide up the hourly billing or flat rate fee. Your attorney at a single law firm will be able to give you an overall rate of cost for any business and personal issues that they are handling for you at once. This cuts down on running around the city to meet with two lawyers and allows you to better handle business.
For more information, contact a local law firm.Share
10 November 2017