As a corporate lawyer, you assist businesses and corporations with various legal concerns. It includes drafting contracts, advising on business structures, and resolving disputes.
Whether you’re a startup company or a seasoned corporation, having a skilled legal team at your disposal can prevent unwanted issues from arising. Learn how a corporate lawyer can assist you with your specific needs and get started on your career path.
Legal Advice
Whether you’re starting a new business or need to resolve a legal issue, a corporate lawyer can help you navigate your business’s legal needs. They can provide various services, from drafting contracts to advising you on regulatory compliance and mergers and acquisitions.
They also can review a company’s processes, plans, and products to see if any potential legal issues need to be addressed. For instance, a corporate lawyer Creve Coeur MO helps prevent problems from occurring in the future and ensures you can make informed decisions that are right for your business.
When choosing a corporate lawyer, you should look for one with extensive experience in your industry. This way, they can provide legal advice tailored to your specific needs.
Drafting Contracts
As a business grows, so does its need for legal documents. These include contracts for leases, services, contractors, and employment. Properly drafting these can protect you from costly lawsuits jeopardizing your business.
A corporate lawyer with a good understanding of company law can help you draft any document you need for your business. These documents may range from shareholders’ agreements to partnership or joint venture agreements.
Choosing a Business Entity
Your choice of business entity will impact the organization and taxation of your firm, how you can raise funds from investors or get a small-business loan, and your personal liability level. You can talk to a corporate lawyer about choosing the proper structure for your business.
The decision will have significant financial and legal implications, so it is best to start your business. Working with a corporate lawyer to select the proper structure for your business can help ensure that you can successfully grow and operate your company for years.
The most common entities include sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. However, only some small businesses will be suitable for all of these, so determining which is best for your business will depend on several factors.
Dispute Resolution
Business disputes are a natural part of running a business. Whether the dispute involves an issue with one of your partners, a professional who has failed to meet industry standards, or a labor and employment problem, finding a resolution is essential.
A corporate lawyer can assist you with dispute resolution through alternative methods like mediation or arbitration. These methods are less expensive and often faster than litigation in the business court system.
Many business dispute cases have an arbitration clause in their contracts that requires both parties to submit the claim to an impartial arbitrator for review and a decision.
However, sometimes a dispute cannot be settled through arbitration or mediation. In these situations, your lawyer may introduce evidence that will clarify the ambiguity in the contract and make it clear to the court that you are right.
