7 signs your business needs professional legal advice
In large companies and corporations, the risks of legal issues are great, as there are a lot of employees and outsourced collaborations, and the area of ââwork is huge. Having a legal department is highly recommended as the experts will always know how to resolve issues that may seem impossible to resolve. Sometimes all coworkers can be overwhelmed by events happening in the company, so legal advice becomes a necessity. Sometimes you will also need a professional organization, and you can hire someone to do it for you, because if it is internal work, there will be no estimate and objective evaluation.
Thus, legal advice and proactive planning are excellent solutions for all possible problems that may arise during the work process. Even when there is no particular issue, legal advice is very important to your business, so having the contact on hand will only be of benefit. You’ll be prepared for potential mistakes and the legal way to overcome issues, like employment contracts, debts, business law advice, insurance policies, intellectual property protection, and more. According to beankinney.com, the most important thing for legal counsel is to put clients first, above all else, and to resolve issues as best they can.
Some issues can be resolved within the company, between colleagues, with the help of the HR department, but there are cases where legal advice is needed and strongly recommended, such as:
1. For startups, as they try to grow
There are so many awkward moments, which can make us think we are doing the right thing, but it can end in disaster. You may be the expert in your profession, but starting a new business requires legal advice as it will help you understand the policies, revenue models, your obligations, the legislation and the development of professional relationships with employees and customers. Some mistakes are very costly and a good lawyer will help you avoid them.
2. You have problems with colleagues
In large companies, there will always be someone who is not happy with something, and you should always be ready and prepared for this kind of problem. You will come across a lot of people and different behaviors, even blackmailing or lying about something, and no matter how nice you try to be, these things require legal remedies. Your advisor will help you find the best possible one, which will follow the laws and regulations.
3. Something is suspicious with the flow of money
When you see that something is wrong with your business’ cash flow, your first thought is to blame the financial industry. But, in business, there are too many levels of accountability for even the simplest thing, so instead of jumping to conclusions, you’re better off calling your lawyer or advisor and talking to them about the problem. They will always have the right advice for you, on what your next step should be, and how to investigate the problem, without being suspicious of those who are deliberately to blame. Also, keep in mind that sometimes no one is at fault, but it is only a mistake that causes problems now.
4. Employees go against you
There are many reasons why employees are not happy with working conditions. In most cases, someone will eventually come and talk to you, asking for an optimal solution. But, there are many instances where a group of people turned on the employer, without even saying that something was wrong before. When something like this happens, you should call your advisor before you take any action and promise something just to make it right.
5. When you want to change something big
Once you have registered the business, it comes with a full description of the company logo, branding, colors, and trademarks. Over time, it is normal and expected to have better ideas for improvement, and before you change anything, try talking to your legal counsel, in order to avoid doing something similar at another company, or to use a protected color or font as a trademark. In addition, when you decide to move to another office, you should do so with consultation with the lawyer, so that you can record the changes and change the address in every corporate document and communication channel.
6. Incomplete documents and documents
Again, we will repeat that some errors are normal and expected, and when resolved calmly, without shouting, everything will be fine after that. But, when some of them are repeatable, and most of the time just one or two employees, you know what comes next. Before you decide to let them go, try to work things out with legal counsel who will explain to them what the problem is. If you want, you can give them another chance. If you decide to fire them, you should also know their rights, which are guaranteed by law, and if you are not sure, you will have to do this with the legal expert.
7. The competition is attacking you
You’ll know exactly when a dissatisfied customer or employee attacks you and when the attack comes from the competition. Before doing the same, calm down and consult your lawyer to find out what to do next. You will be surprised at how many simple solutions there are, without your being publicly involved in the âfightâ. It is up to you to keep the proof of what is happening and to proceed with the legal process.
If you are in the process of establishing yourself, don’t let this article put you off. These are normal and expected things, and you should be aware that things will not turn out the way you imagine. You will meet different types of people and you will never be able to know their true intentions. So being protected by a good legal advisor is the best thing you can do for yourself and your business.