Top 10 Things You Need To Know When Hiring A Corporate Attorney In Las Vegas

It can be difficult to know which corporate attorney in Las Vegas to hire, especially when there are so many options out there. The following are some of the top factors you should consider before hiring an attorney, whether it’s your first time or not.

1) Find an attorney who offers flat rate services

The corporate attorney in las vegas should also be willing to offer you flat rate services. Many attorneys charge by hour and bills out at $500 or more an hour for a simple service like setting up a corporation, an LLC or any type of legal business entity. A flat rate option allows you to know how much you’ll spend from start to finish, which can really help when budgeting for these types of services. Keep in mind that all these things are negotiable and doable with proper planning.

2) Find an attorney who offers free consultations

Before you begin your search for an attorney, it’s important to remember that not all attorneys are created equal. While many corporate attorneys offer free initial consultations, not all of them do. If your budget is tight and you want to be as financially savvy as possible, make sure you take into account these costs before moving forward with your case or hiring an attorney. Here are 10 things you should know when choosing a corporate attorney in Las Vegas.

3) Don’t use one of those name your price sites or companies

Hiring an attorney is an important decision and shouldn’t be made on a whim. Not all attorneys are created equal and finding a good fit for your business requires some research on your part. There are several key considerations you should take into account when hiring an attorney, including their expertise, location, cost and personality. The more you understand about what you want from your lawyer, the easier it will be to find one that fits you like glove.

4) There are different ways an attorney can charge you depending on what you need

an hourly rate, a flat fee, a contingency fee, or a blended hourly/flat fee. Find out which is best for your budget. For example, if you need a task completed immediately, it's better to use an attorney who charges by the hour than one who charges a contingency. Also, make sure you find out how much experience they have with your type of case and whether they've handled cases similar to yours before. These providers will be able to help you with whatever questions you may have and give sound advice on your next steps.

5) Choosing between an LLC, Corporation, Partnership, Sole Proprietorship, etc. depends on your business type

It’s hard to go wrong when you create your own LLC, Sole Proprietorship or Corporation. Before you do anything else, register your business name with your state. Filing an Application for Reservation of Name will preserve your company name should it become available after you have used it. Next, decide if you want to incorporate as an LLC (Limited Liability Company), corporation (C Corp), or a partnership (PLLC). Each has its pros and cons and depends on your industry. For example, corporations are subject to double taxation while LLCs are not. If you’re unsure which structure is best for your business type, consult with a corporate attorney before making any decisions.

6) An attorney can help set up and file the paperwork for any business form

whether it’s creating a corporation, forming an LLC, or filing for bankruptcy. The form of business will dictate which types of paperwork you’ll need. It can be quite complex—which is why it may be helpful to hire an attorney with experience in forming corporations and other types of businesses. Here are some things to look for when hiring an attorney: 1) Has your potential attorney worked as a corporate attorney before?

7) A Business License is needed for all businesses except sole proprietorships

If you’re forming an LLC, corporation or partnership, obtain your business license from Clark County Government at least two weeks before filing for incorporation. Getting your license early will give you time to incorporate, register your name and perform other legal steps. A Nevada business license is $75. All businesses except sole proprietorships need one. Sole proprietorships can be registered with the Secretary of State's office for free.

8) Marketing your business is required even if it is just starting out

So many business owners forget about marketing until their business is ready for it. Unfortunately, when that time comes, there is little or no budget for advertising. By marketing your business early on, you are able to generate leads and establish yourself as an expert in your field—which will lead to more revenue down the road. Here are some ideas on how to market your business before it is even launched

9) Books to read on marketing, getting clients, and other topics related to running a business

Just about anything Seth Godin writes (Tribes and The Dip are two of my favorites) is relevant for any small business, as is most of the marketing legend Al Ries’s work. And don’t forget Stephen Covey’s classic, The 7 Habits of Highly Effective People: Powerful Lessons in Personal Change. If you want more information on getting clients, try reading Get Clients Now! by Michael Port or How to Market Yourself by Dan Kennedy. If you’re interested in law-related topics, check out On Writing A Legal Memo by Bryan Garner. There are also several great books on negotiation strategy that I recommend including Getting Past No, Never Split The Difference and Negotiation Genius. To get started with accounting basics, I recommend Accounting For Dummies. Also, be sure to check out our Business Resources page for more resources on running your own business!