If you are starting a business, it is important to understand your options.Different corporate entities have different benefits and formalities that must be followed.Your choice of corporate structure depends on the type of business you intend to establish.The business attorneys are helping large and small businesses to enter into partnerships and joint ventures, build their business networks through strategic relationships and protect from future legal claims.
It is interesting to note that most business disputes can be averted or minimized with good planning and an effective strategy. The money spent in having an attorney review contracts, analyze deals, counsel in decision making or review potential problems before they become a problem can often end up saving you money in the long term. Experienced business litigation attorneys help business entities to handle all documentations, filing and publication requirements for the creation of corporations, limited liability companies, general and limited partnerships and sole proprietorships. Further, they can help to determine which entity will best suit their business needs.
Acquisitions and Dispositions
Business litigation lawyer represents clients in their acquisition and disposition of business assets, corporate stock and membership and partnership interests. The transactions may range from relatively small private transactions to complex companies involving multi-state based assets.
They also provide services from the early pre-due diligence stage to the closing of the transaction, and assist with a comprehensive due diligence investigation, advice on the acquisition structure, letters of intent, capital formation and the drafting and review of all necessary agreements and documentation. They work to develop a professional relationship with their clients and take pride in the successful closing of the transaction.
General Business Contracts
The corporate practice of business litigation lawyer includes a broad array of services ranging from preparation of shareholder and partnership agreements to other corporate agreements requested by the clients, including employment agreements, non-competition agreements and sales and service agreements. They also create documents for commercial financing such as lines of credit, term loans and factoring and asset backed lending arrangements.
To the extent needed, they also prepare basic standardized forms that may be used by a business in the provision of its goods or services. They act as the functional equivalent of an in-house legal department for mid to large-sized clients without their own legal staff, assisting with their day-to-day legal needs.
A ‘penny saved is a penny earned’, the risks and costs of business litigation later down the road are too great to not engage a business litigation attorney before you enter into entity formation, acquisitions and dispositions or general business contracts legal formalities. They understand that economic demands on a business and will help you expand your business and enter into new contracts and agreements in a responsive and cost-effective manner.