As an entrepreneur, you must be conversant with nearly everything you need to succeed in your business. One of the things you need to be familiar with is the varying kinds of lawyers and when to seek their services. You should never assume that you can call any lawyer that you come across since lawyers are never general practitioners. Different lawyers are specialized in specific law subjects. Never assume that you need to place every kind of lawyer that you require on retainer. You may simply have the two most vital lawyers on retainer and only seek the services of the others when need be. To know the different types of lawyers and when to seek their services read on.
The most common lawyer in every kind of a business is a business attorney. In case you are simply starting your business, this is where you should start your business. Business attorney is a kind of an attorney who focuses on transactions and litigation. You should hire a litigation lawyer when you are being sued by a competitor, client or a vendor. If your lawyer is held up during the court date, consider seeking the services of an appearance attorney. A transactional attorney can help you handle different business transactions. Business attorneys can advise you on setting up a business and structure it legally.
You may also need the services of a tax attorney. You should never assume that so long as you have a CPA, you will need the help of a tax attorney. It is paramount to get counsel from the tax attorney and the CPA. The tax attorney will come in handy when you desire to minimize your tax legally. The attorney will come in handy when you realize that you owe a lot in back taxes.
You will hire the services of different lawyers depending on the circumstances of your business. In case of an intellectual property or a logo that need protecting, consider hiring a trademark lawyer. Businesses consider their logo and brands valuable assets. You, therefore, should never find it challenging to hire an attorney to protect these assets.
An entrepreneur may also need the help of a family lawyer. You might not get why a family lawyer is important for you as an entrepreneur. You should not forget that the business is an essential asset to you. If you happen to divorce, you need to ensure that it is protected. In case you need to create your legacy, you will need the help of a family attorney.