Entrepreneurs and managers often doubt the need for a business for small and medium-sized companies.
After all, is it really important to have specialized legal guidance, or is it a detail? Doesn’t a Google search solve the most pressing questions?
With this in mind, we have selected 5 reasons why support from a business contract lawyer can be decisive for your company’s success. Read on!
Despite having extremely complex legislation, most companies only seek legal assistance from Sequoia Legal in Denver, CO for example when encountering a problem. And this problem, most of the time, could have been avoided with simple measures.
1) Facilitate contract negotiation
Companies constantly negotiate agreements with suppliers, customers, and partners, always looking for the best conditions for their business. However, many of these commitments run into legal issues.
It is common for clauses in strategic contracts to be accepted without a thorough analysis of their present and future effects. The rush to close a deal or trust in business partners can blind the entrepreneur to risks that could be avoided.
Therefore, whenever possible, it is best to be the contract tenderer. Thus, you guarantee that the clauses are fair and legal.
The lawyer may review an adhesion contract, adjust clauses, or draft contracts in this scenario.
It is even more fundamental that there is this attention when we talk about employment contracts. For example, it is not recommended to use ready-made models proposed by accounting. Some adjustments can make all the difference throughout the employment relationship and in the case of a labor claim.
2) Prevent future problems
By analyzing the options that the manager has at his disposal, the business lawyer works to prevent legal problems. This means both avoiding unfavorable deals to your company and providing guidance on the legislation applicable in each case.
It is very common for companies to pay undue taxes, for example. Good business legal consultancy will guide the entrepreneur or even file a lawsuit to have amounts unduly collected and refunded. It is worth noting that it is essential that the lawyer presents all options and risks. However, the client must have the final decision-making power — including the risks they decide to take.
Therefore, it is essential for companies wanting to grow and prosper!
3) Offer legal regime options
Our legislation establishes several benefits for small and medium-sized companies to facilitate the growth of these businesses. Thus, it is possible to check different tax regime alternatives, social security contributions, corporate types, labor rules, and forms of supervision, among others.
To know what they are and take advantage of the best options, having a business lawyer, focused on serving small and medium-sized companies is essential.
4) Reduce labor liabilities
Labor legislation is certainly one of the most complex and poses the most risks to entrepreneurs.
Given this reality, companies must provide specialized legal guidance in corporate attorney.
More than a cost, it is an investment capable of reducing liabilities and ensuring that the company does not become hostage to situations created by itself.
It is also worth remembering that a company that knows labor laws can apply them strategically and treat its employees better. This scenario creates a virtuous cycle of benefits for employees and employers.
5) Mediate the relationship between the partners
Offices specializing in business assistance can also assist in the relationship between the organization’s partners, clarifying the rights and duties of each partner. In this sense, with clear communication and establishing rules in times of tranquility, various frictions are avoided. And it is these rules that will allow for the quickest and most peaceful resolution of any conflict.
Therefore, it is clear that the role of a business lawyer is not limited to solving specific problems but is important for the good development of the business.
