Legal Information Resources
Tips & Advice to help you make your decision on Legal Information Resources
As a small business owner, there will likely come a day when you have a legal question regarding your business. Legal information resources can help you decide how to handle a small legal matter; however, you should consult an attorney for more complex or serious matters.
If you are trying to change the status of your business, your local Small Business Association office may have the resources you need. For example, if you are changing your business from a sole proprietorship to a limited liability company, the SBA's legal information resources can help you learn the differences as well as how to make the change.
Another place you can find some legal information is at a library that has a good selection of law materials. While these materials may prove difficult to understand, you may be able to find basic information that can help you choose a course of action.
Because there are so many laws, loopholes and considerations for businesses, it is recommended that you have a lawyer or paralegal help you with your decisions. Public law libraries may not have the most current information, but a knowledgeable legal professional will have up-to-date resources.
Check the links provided on Business.com for help with finding legal information resources for any situation.
Legal Information Resources
Find the law information that applies to your businessBy Shannon Tani All business owners should have a steady supply of legal information resources to help them make sure that their business is on the right track. While some people prefer to call a lawyer whenever they have a question, many people realize that with the right law resources, they can do much of their own legal research.
There are plenty of sources for legal information. Business owners would do well to consider several different types of references to make sure that they understand the law. It's not a good idea to rely on one source.
You can use legal information resources to:
1. Learn how to apply the law to your business. Undoubtedly, there are many laws that restrict the way that you do business and it's important for you to make sure that you conduct your business within the realm of the law. Legal guides make this a possibility.
2. Stay up to date on law changes. If the law changes in your area, you need to know about it. Use legal resources to learn about updates to the law.
3. Research the legality of a new business direction. Decide if your new idea is legal.
Do online legal research before speaking with a lawyer
Even though you may have a lawyer that takes care of your legal issues, it's still a good idea for you to do your own research. This helps to ensure that you fully understand the laws as they pertain to your business. Many websites help you to learn about law.
Try: FindLaw is an excellent first stop for legal information. You can read up on legal issues or ask any questions you may have. If you sign up for Law.com's Newswire, you can have legal news delivered directly to your email box. Nolo offers an extensive selection of books, software and other legal resources for small businesses.
Stay up to date on legal information with a magazine subscription
Magazines make great resources for law professionals because you can receive them regularly. They are always full of the latest news and information making it easier for you to stay on type of industry happenings
Try: Law Practice Magazine, by the American Bar Association, gives advice for those practicing law. The American Lawyer also has relevant news updates.
Contact a lawyer for the best law information
There's no doubt that a practicing lawyer will give you the best legal advice. In cases where it's important to be sure, you should contact an expert before proceeding.
Try: Search for a lawyer in your area through Lawyers.com or the American Bar Association. Make sure to choose a lawyer that specializes in your business type.
- Law schools usually have extensive law libraries. If you live near a school, you may be able to use the legal reference materials in these libraries.
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