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Almost all businesses need to have a legal department or access to legal services. Some companies hire a lawyer to handle their legal issues, while others engage the services of a firm with multiple specialties. Other businesses find that having an in-house attorney or legal team is a better fit for their business. No matter how large or small your company is, you are going to need legal representation or advice at some point. Lawyers handle things like wills, estates, business contracts, patents, and litigation. They can advise your business about the legality of things you want to do or try. A legal team can help you handle employee disputes and set up complex business deals. Regardless of your need, you are going to need some type of legal representation for your company.
Benefits
According to the Find Law website, 60% of Americans do not have a will and 58% of American adults have no plan for their businesses, assets, or minor children in the event of their death. Law firms that provide these types of legal services are widely available, but many people have little or no knowledge of the services that these firms offer. A large variety of legal services, including those mentioned, could give business owners peace of mind as they strive to continuously build their companies.
Legal Support for Businesses
Legal firms that cater to large and small corporations provide services that protect the entire legal entity of a business. From protecting business assets, to determining beneficiaries, renewing business contracts, setting corporate guidelines and merging with other companies, business lawyers are essential in the business world. Many large companies hire lawyers to run the legal division of their corporations, while smaller businesses may consult with a local firm or private attorney to handle these important business matters.
Civil Litigation
Disputes are common in business, and most business owners come to expect them. Many of these disagreements can be resolved quickly without going to court or meeting with a judge. Business owners understand the importance of time and money when running an operation, and many are willing to sit and meet with lawyers to resolve conflicts or any issues that may arise. Civil litigation also allows business owners to seek legal advice from their personal attorney before making strategic business moves that may be illegal. Having a lawyer available for civil litigation matters can save a lot of time and can prevent companies from making mistakes that can cause a lawsuit or put a company out of business.
Patent and Copyright Law
Many lawyers specialize in helping individuals and businesses to acquire and manage ideas and inventions. These lawyers protect businesses and their unique, innovative creations, and take legal action against anyone who tries to steal or copy them. Intellectual property lawyers help individuals who want to gain exclusive rights to their creations, which can be in the form of music, literature, art, symbols and special designs.
Pitfalls
In today's fast-moving business environment, you need adequate legal services to operate your enterprise successfully. However, there are issues with legal services that you must be aware of before arranging for such services with a law firm.
Specialized Services
Because the law has become quite complex, lawyers focus on specific fields of law to study and practice, similar to the way doctors practice. One attorney is not likely to have the expertise to address all aspects of law that you may need. Depending on the nature of the legal services you require, you may want to look for a law firm with specialists in various areas of law on their staff.
High Cost
Legal services are not cheap. Lawyers typically have several different methods of billing for their services. The most common is an hourly fee. Some lawyers have set pricing for certain services, such as incorporating a business or defending against a traffic ticket. In some situations, mostly when people are suing someone, lawyers may accept work on a contingency basis, meaning that they are paid only if the lawsuit is successful. The final method is the retainer system, where you pay an attorney a certain sum each year and receive defined legal benefits based on that payment.
Human Error
Lawyers make mistakes just like everyone else. No attorney is omniscient so you are always at risk of a mistake made by your attorney. Such mistakes can be quite costly. You may not be able to recover your costs unless you litigate the situation.
Criminal Behavior
Some attorneys take advantage of the access they have to their clients’ personal affairs and commit crimes against them. They may embezzle funds, improperly invest trust funds, and not act in good faith. While clients may have recourse to the criminal courts and the bar association complaint systems, they may not be able to recover their monetary damages.
Pricing
In order to operate, it is often necessary for businesses to get different legal services. The cost of services can vary greatly depending on the services offered. The demand for legal services is on the rise. Legal services can include something simple like a power of attorney or a marriage certificate. Businesses may also need legal services for help with contracts, licenses and other legal issues.
Factors Influencing Fees
Many factors influence the cost of services. Some lawyers charge a flat fee for certain legal work, while others charge hourly rates. The time and effort put into a legal service, the outcome, advice, difficulty and overhead cost also affect the final cost to the client.
Cost of Services
Simple legal documents can cost anywhere between $100 and $200. This price also includes shipping and often only accounts for simple documents. Lawyers that charge hourly rates for services can charge anywhere between $50 and $1,000 an hour, depending on their experience and geographical location.
Conclusion
Businesses in today’s world need the advice and assistance of a legal team or an attorney. There are many options available depending on your company’s needs. Having a plan for your legal needs is important for your business. Your company will benefit from using these types of services for setting up business deals, contracts, employee disputes, and customer complaints. Having the advice of an attorney can save you time and money. Think about the types of legal services your business will benefit from, and then you can decide what will constitute your legal team for the present time. Hire a lawyer or firm, or install a legal firm in-house for your business.
Corporations and law firms need good, well educated professionals working for them in order to be successful. There are times when these companies find they need a little more help than normal, whether because of unforeseen circumstances, legal professionals choosing to move on, or employee leaves. Especially for temporary position openings, many law firms and large companies with paralegals and attorneys on retainer choose to use one of the temp agencies for the legal profession. These specialized services compile a group of legal professionals who are willing to move from position to position within different companies to provide needed temp service.
Before you choose one of the temp agencies for the legal profession to work with, it's worth the effort to consider their credentials. Most agencies are more than willing to provide their prospective clients with a list of their credentials and references. The good agencies make it a point to hire only the best paralegals, legal secretaries, and lawyers in their field. They should be able to provide you with up to date resumes for each candidate to give you the information you need to make a good choice for your company and temporary position.
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