You can reap a plethora of business benefits by utilizing the services of a competent commercial lawyer. Recall from our post on the functions of a corporate lawyer, all the various “hats” that person wears: advisor, regulatory gatekeeper, legal interpreter, and so forth. There are many terrific advantages to forging a partnership with a capable business attorney.
We want to show you a few other benefits of hiring a commercial lawyer.
Benefits of a Commercial Lawyer
- A Great Way to Learn the Law Better
- One of the first pros in favor of hiring a commercial lawyer is that they can substantially improve your understanding of the law. Many good entrepreneurs and business owners know their market and industry well, but only possess a cursory knowledge of the applicable business regulations. An attorney who spends all day on legal topics can really help fill in any knowledge gaps for important aspects like employment regulations, OSHA regulations, intellectual property protections, contracts requirements, etc.
- Prevent Litigation
- This might be the only thing a business owner truly wants from their commercial lawyer: to keep them out of legal trouble. Many businesses suffer and fail because of poor regulatory oversight, poorly drafted product literature, and a lack of clear quality control policies and procedures culminating in huge legal fees, losses in court, and harm to your business reputation. It’s easy to see why you would want to avoid litigation. However, while an attorney can help you avoid and defend legal attacks, they can also help you decide when to go on offense and pursue legal action if you find yourself in a dispute with a partner or other firm.
- Gain a Different Perspective
- Sometimes when we get stuck in a dispute, it becomes very hard to comprehend what’s going through the minds of our opponents. If we fail to acknowledge other perspectives, we leave ourselves vulnerable to error. Whether you need to oppose a business adversary in court, or would rather settle differences amicably, it’s great to have an experienced counselor to facilitate things. Good commercial attorneys understand the interests of all parties during a conflict, which makes them uniquely qualified to find the most effective ways to resolve them.
- Great to Have a Legal Expert on Your Team
- Speaking broadly, it just helps to safeguard your organization with somebody whose sole purpose involves legal risk management. This doesn’t necessarily need to be a full-time, in-house commercial attorney, either. Ken Nota has years of experience working for big companies like RPM International, but now runs a private practice serving various clientele. This affords him the opportunity to leverage his background into services that match the exact needs of any small (or big) business. Regardless of what kind of business, Ken Nota can help strengthen your approach to risk management, contracts, mergers/acquisitions, and much more.
The Law Office of Kenneth J. Nota eagerly strives to serve clients in Sarasota and Bradenton, FL, with the most effective business and commercial services. If you recognize these benefits and want to add them to your operation, then consider contacting us soon for assistance. Also, feel free to call us any time by dialing 941-309-5270 or contact us at kennota@kennotalaw.com.