A business lawyer in Lee County North Carolina serves many important roles and can be a vital asset to a business. From start to finish, a business lawyer in Lee County North Carolinacan assist in the following ways:
A business lawyer can help form a separate legal entity. He or she can advise which business form makes the most sense depending on the needs of the business owner and taking tax structures and exposure to liability into consideration.
Businesses must enter into a number of contracts throughout the life of the business, including contracts for a lease or real property purchase, equipment purchases, contracts with vendors, employee contracts, confidentiality agreements and others. A business lawyer can use his or her business knowledge to include provisions to protect the business.
There are many local, state and federal laws that a business must comply with, including zoning laws, employment laws and tax laws. A business lawyer can explain which laws the business must abide to keep it out of regulatory trouble.
A business lawyer can also assist if the business becomes part of litigation. Whether it is being sued or it needs to sue another person or entity, a business lawyer serves in an instrumental capacity, filing pleadings, collecting evidence, completing discovery requests and trying the case.
A business lawyer can also help a business determine how it will pass on or terminate upon the death, disability or retirement of the business owner, if applicable. A business lawyer can help draft a succession plan so that the family inherits the business or so that it is passed in a way that reflects the wishes of the business owner.