Every business, no matter the size or industry, needs solid legal representation. A lawyer will play a key role in corporate formation, contracts, employee policies, and other matters. But how does an entrepreneur determine who to invite into the fold?
 |
Image source: Pixabay.com
|
Hiring a business or corporate attorney can be a daunting process, especially for first-time entrepreneurs. Here are some tips for landing the right person and achieving a mutually beneficial long-term relationship:
What is the type of lawyer you need?
It’s important to consider the individual entrepreneur’s specific needs. For general legal counsel, a business attorney is a good option and can connect with specialists whenever needed.
Ask questions during initial consultation.
These questions are just some that will reveal if the attorney is a good fit for the company. How many years have you been practicing? Who is your typical client, and are they like me? What are the types of fee arrangements, and how often will my bills be due? Will you be my primary point of contact?
Big or small firm?
Generally, the larger the firm, the greater the overhead, which means that the business owner will be expected to pay higher hourly rates. . Startups may not be a high-priority for larger players.
Find someone who understands your niche or market.
He or she should have familiarity with your industry, how your business operates, and how you see yourself growing in the future.
 |
Image source: Pixabay.com
|
Dan DeKoter is a practicing lawyer and a partner at DeKoter, Thole, Dawson & Rockman, PLC. Learn more about legal matters on this page.
