Articles

Things to Consider Before Hiring an Attorney for Your Startup

by Mahi Talwar Manager

A startup business of any size or type often requires legal advice from time to time. So, if you run a startup, consulting a lawyer should be your first call to action when you need to resolve any legal matter. However, working with an advocate can be challenging, especially if you have never hired one before. But remember, having the right expertise on your side is crucial to avoid legal problems in the first place.

Here are a few key points you must consider to find the best lawyers in India:

1. What should you look for when hiring an attorney?

First and foremost, search for a lawyer in your area, having specialization in different fields of law. Asking for referrals is the first step that can help you find the best legal service provide. You should look for someone who is competent and experienced in dealing with legal issues that you might encounter in the near future.

Besides referrals, you can also search for a lawyer, by browsing through any reputed online legal platform. In fact, you can even seek online legal advice from the registered members (attorneys) on the platform. But before you plan on employing the services of a law professional listed in any legal directory, make sure that his profile is up-to-date.

2. Understand the situations in which you would need to get an advocate involved

While running a startup business, you will likely need legal help in following ways:

  • Incorporating your business.
  • To control the risk involved with recruiting and hiring employees
  • Control risk in a way that your business doesn’t create unnecessary tax liability
  • Negotiating contracts with clients and other parties
  • Negotiating contract for the sale of your company or acquisition of any other company
  • Obtaining patents and much more.

3. Other considerations

Now let’s talk about some basic yet crucial considerations you must pay heed to when hiring a lawyer:

  • Ask your advocate how much you will need to pay (lawyer’s fees, settlements and other expenses) to get your legal issue resolved. Of course, you wouldn’t want your attorney to surprise you with extra cost.
  • Make sure your advocate understands your business, or else it will become harder for him to diligently represent you.
  • Any good lawyer will always be willing to educate you on legal matters relevant to your business.
  • Lastly, before planning meeting with your choice of lawyer make sure to organize necessary business documents.

Conclusion

In case you are a starting up any business venture, make sure to consult and hire a lawyer. Remember, a good business attorney will always assist you in handling every legal aspect of your business, right from the formation of your startup to managing employment agreements or company mergers and much more. In case you find hiring a lawyer daunting, keeping the aforementioned considerations will most likely help you find the right lawyer for your startup business. 


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About Mahi Talwar Freshman   Manager

12 connections, 0 recommendations, 32 honor points.
Joined APSense since, November 8th, 2017, From Delhi, India.

Created on Mar 6th 2018 00:14. Viewed 613 times.

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