Utah lawyers for your business

 

Business Lawyer

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In one of his most famous and tautological quotes, President Warring G. Harding once observed that, "The business of America is business." He was right. No nation on earth has a stronger commitment to free enterprise than the United States. According to the Small Business Administration (SBA), there are nearly 30 million small companies in the U.S., which represents over 99 percent of all employer firms.Although it is invariably the corporations that make headlines when accused of wrongdoing, most business-related lawsuits are filed against small companies since there are so many of them. This specialized area of practice is called business litigation in the legal profession. Lawsuits that involve malpractice, contract law, and class action suits are the most common types of these cases.Who To CallEven though the law is supposed to be blind, companies of all sizes are often cast as villains when accused of wrongdoing. Whether the case is about food poisoning or a defective airbag, a firm must work fast to defend the company's good name. Failure to do so will almost inevitably result in a deluge of bad press, which will almost certainly hurt the bottom line.In any civil case, the complainant is the accuser, while the litigant is the accused, hence the term "business litigation." These accusers could be anyone, including a current or former employee, customer, client, or former partner. The most sophisticated cases litigation lawyers handle are class action suits.A lawyer that specializes in class action lawsuits must defend his client against a group of complainants that may include hundreds or even thousands of people. The outcome of these cases can alter the fortunes of any company, no matter how large they might be. The Master Tobacco Settlement, for example, was settled in 1998 for $206 billion over 25 years!What To ExpectWhether of the class action, contract, or malpractice variety, most of these cases are settled before they ever get to court. There are many reasons for this. First and most obviously, members of the firm that may or may not be responsible for any wrongdoing do not want their name tarnished in the press. As a result, they are often willing to settle cases they may not have been responsible for simply because it is cheaper and easier than going to trial. With that said, a good business litigation lawyer must be a skilled mediator, since that is often how these cases are resolved.Mediation Vs. ArbitrationAs a general rule, attorneys must negotiate in either arbitration or mediation hearings. The only difference between the two processes is that arbitration involves a legal judgment that is determined by an arbitration board, while mediation is simply an open negotiation between the two opposing sides.Settlements that are made in mediation often involve disputes where the complainant believes that they were unlawfully terminated. Because wrongful termination cases are so common, they seldom make the papers or the news, which is why they are often settled for a reasonable sum before they ever get to a judge.In any of the aforementioned situations, an experienced business lawyer may mean the difference between a crippling lawsuit and a legal victory.

When you need a highly recommended corporate attorney call 1-800-564-2707. lawyer for financial planner

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Bountiful business lawyer for plumber

 

Bountiful

Business & Corporate Law Attorney

 

lawyer for business lawsuits

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Do I Need a Business Lawyer?

As a business owner, you face many decisions when it comes to starting, running, and growing your business.

This article is designed to explain your options and help you decide the correct business type for your business. business-types

It explains the advantages and disadvantages of the main business types, including Sole Proprietorship, Partnership, Limited Liability Company, C Corporation, as well as S Corporation.

After I clearly explain each business type in detail and go over the advantages and disadvantages of each, I will explain how you can form your own entity so you can get started with your business and help protect yourself from liability.

Thank you for going on this journey with me. If you have any questions whatsoever, I encourage you to post questions down below in the comment section.

Sole Proprietorship

The sole proprietorship is the simplest business form and is not a legal entity. Sole proprietorship is the easiest type of business to establish which means that there’s no state filing required.

It is simply an enterprise owned and operated by an individual. By default, once you start selling goods or services, you have created a sole proprietorship.

So there’s no actual filing requirements and you simply report your business’s earnings on your personal taxes.

sole proprietorship is not legally separate from its owner and it offers no personal liability protection. The law does not distinguish between the owner’s personal assets and the business’s obligations.

In fact, a sole proprietor’s assets can be and often are used to satisfy the debts and liabilities of the business. In other words, if your business gets sued, your personal assets (such as your house, car, or any other properties you own) may also be in risk.

Accidents happen, and businesses end all the time. Such circumstances may quickly become a nightmare for a business owner who operates as a sole proprietor.

A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, such as Benjamin's Hair Shop. The fictitious name is simply a trade name--it does not create a legal entity separate from the sole proprietor owner.

The sole proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost. A sole proprietor need only register his or her name and secure local licenses, and the sole proprietor is ready for business.

The owner of a sole proprietorship typically signs contracts in his or her own name, because the sole proprietorship has no separate identity under the law. The sole proprietor owner will typically have customers write checks in the owner's name, even if the business uses a fictitious name. Sole proprietor owners can, and often do, commingle personal and business property and funds, something that partnerships, LLCs and corporations cannot do.

Sole proprietorships often have their bank accounts in the name of the owner. Sole proprietors need not observe formalities such as voting and meetings associated with the more complex business forms.

Sole proprietorships can bring lawsuits (and can be sued) using the name of the sole proprietor owner. Many businesses begin as sole proprietorships and graduate to more complex business forms as the business develops.

Because a sole proprietorship is indistinguishable from its owner, sole proprietorship taxation is actually easy. The income earned by a sole proprietorship is income earned by its owner.

A sole proprietor reports the sole proprietorship income and losses and expenses by filling out and filing a Schedule C, along with the standard Form 1040. Your profits and losses are first recorded on a tax form called Schedule C, which is filed along with your 1040. Then the "bottom-line amount" from Schedule C is transferred to your personal tax return.

This aspect is attractive because business losses you suffer may offset income earned from other sources.

As a sole proprietor, you must also file an IRS tax Schedule SE with Form 1040. You use Schedule SE to calculate how much self-employment tax you owe. You need not pay unemployment tax on yourself, although you must pay unemployment tax on any employees of the business. Of course, you won't enjoy unemployment benefits should the business suffer.

Advantages of Sole Proprietorship

Instant, easy & inexpensive No state paperwork is required for creation No separate tax filing is required -- profits or losses are reported on the owner’s tax return The owner may freely mix business and personal assets A sole proprietor need not pay unemployment tax on himself or herself (but must pay employee unemployment tax) Few, if any, ongoing formalities

Disadvantages of Sole Proprietorship The owner is subject to unlimited personal liability for business debts, losses and liabilities Obtaining capital, such as a bank loan, can be more difficult -- lenders often require a more formal entity structure Sole proprietorships rarely survive an owner’s death or incapacity, so they do not retain value Sole proprietorships by definition can only have one owner A distinct disadvantage, however, is that the owner of a sole proprietorship remains personally liable for all the business's debts.

So, if a sole proprietor business runs into financial trouble, creditors can bring lawsuits against the business owner. If such suits are successful, the owner will have to pay the business debts with his or her own money.

Let's examine this more closely because the potential liability can be alarming. Assume that a sole proprietor borrows money to operate but the business loses its major customer, goes out of business, and is unable to repay the loan. The sole proprietor is liable for the amount of the loan, which can potentially consume all her personal assets.

Imagine an even worse scenario: The sole proprietor is involved in a business-related accident in which someone is injured or killed. The resulting negligence case can be brought against the sole proprietor owner and against her personal assets, such as her bank account, her retirement accounts, and even her home.

When you need the best lawyer call 1-800-564-2707. business lawyer for plumber

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Syracuse lawyer for accountant

 

Syracuse

Contract Business Attorney

 

lawyer for small business

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Most states require that an entity doing business within their borders designate and maintain a Registered Agent. The Registered Agent can be an individual or company hired to receive Service of Process on behalf of the business. However, not all entities are registered in all states, not all are active and some do business under as many as 40 plus entity names. It is the lawyer's responsibility to find out which entity name they are serving and who the Registered Agent is. If the information is wrong, the lawsuit will be delayed. To find the necessary information, the attorney's staff should be intimately familiar with Secretary of State websites.Each Secretary of State website lists an entity as either "Active" or "Inactive." "Active" means the entity is in good standing and has paid their yearly fee while "Inactive" means they have not, In fact, "Inactive" may indicate that the entity is no longer in business or meet the qualification so the Five-year rule.The most perplexing error may be in determining which entity name is the correct one. For example, an entity may be doing business under both Talbott, Inc. and Talbott, Corp. If a lawsuit is submitted just to "Talbott," it will be returned.The larger Registered Agent companies have offices in nearly every state. They collectively receive thousands of lawsuits a week that generate huge piles of work. Of those, several hundred are returned at the Registered Agent's expense for various reasons. Attorney's who repeatedly make the same errors soon stand out in the Service of Process Specialist's mind and their lawsuits often go to the bottom of the pile. There is no time limit on returns, the Registered Agent makes no money and it may be as much at a week or two before the returns are written up and sent out.The answer is simple. A well informed staff that understands the Registered Agent process can virtually eliminate these and many other costly mistakes.

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Hooper lawyer small business

 

Hooper

Independent Contractor Agreement Lawyer

 

contract attorney

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Do I Need a Business Lawyer?

As a business owner, you face many decisions when it comes to starting, running, and growing your business.

This article is designed to explain your options and help you decide the correct business type for your business. business-types

It explains the advantages and disadvantages of the main business types, including Sole Proprietorship, Partnership, Limited Liability Company, C Corporation, as well as S Corporation.

After I clearly explain each business type in detail and go over the advantages and disadvantages of each, I will explain how you can form your own entity so you can get started with your business and help protect yourself from liability.

Thank you for going on this journey with me. If you have any questions whatsoever, I encourage you to post questions down below in the comment section.

Sole Proprietorship

The sole proprietorship is the simplest business form and is not a legal entity. Sole proprietorship is the easiest type of business to establish which means that there’s no state filing required.

It is simply an enterprise owned and operated by an individual. By default, once you start selling goods or services, you have created a sole proprietorship.

So there’s no actual filing requirements and you simply report your business’s earnings on your personal taxes.

sole proprietorship is not legally separate from its owner and it offers no personal liability protection. The law does not distinguish between the owner’s personal assets and the business’s obligations.

In fact, a sole proprietor’s assets can be and often are used to satisfy the debts and liabilities of the business. In other words, if your business gets sued, your personal assets (such as your house, car, or any other properties you own) may also be in risk.

Accidents happen, and businesses end all the time. Such circumstances may quickly become a nightmare for a business owner who operates as a sole proprietor.

A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, such as Benjamin's Hair Shop. The fictitious name is simply a trade name--it does not create a legal entity separate from the sole proprietor owner.

The sole proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost. A sole proprietor need only register his or her name and secure local licenses, and the sole proprietor is ready for business.

The owner of a sole proprietorship typically signs contracts in his or her own name, because the sole proprietorship has no separate identity under the law. The sole proprietor owner will typically have customers write checks in the owner's name, even if the business uses a fictitious name. Sole proprietor owners can, and often do, commingle personal and business property and funds, something that partnerships, LLCs and corporations cannot do.

Sole proprietorships often have their bank accounts in the name of the owner. Sole proprietors need not observe formalities such as voting and meetings associated with the more complex business forms.

Sole proprietorships can bring lawsuits (and can be sued) using the name of the sole proprietor owner. Many businesses begin as sole proprietorships and graduate to more complex business forms as the business develops.

Because a sole proprietorship is indistinguishable from its owner, sole proprietorship taxation is actually easy. The income earned by a sole proprietorship is income earned by its owner.

A sole proprietor reports the sole proprietorship income and losses and expenses by filling out and filing a Schedule C, along with the standard Form 1040. Your profits and losses are first recorded on a tax form called Schedule C, which is filed along with your 1040. Then the "bottom-line amount" from Schedule C is transferred to your personal tax return.

This aspect is attractive because business losses you suffer may offset income earned from other sources.

As a sole proprietor, you must also file an IRS tax Schedule SE with Form 1040. You use Schedule SE to calculate how much self-employment tax you owe. You need not pay unemployment tax on yourself, although you must pay unemployment tax on any employees of the business. Of course, you won't enjoy unemployment benefits should the business suffer.

Advantages of Sole Proprietorship

Instant, easy & inexpensive No state paperwork is required for creation No separate tax filing is required -- profits or losses are reported on the owner’s tax return The owner may freely mix business and personal assets A sole proprietor need not pay unemployment tax on himself or herself (but must pay employee unemployment tax) Few, if any, ongoing formalities

Disadvantages of Sole Proprietorship The owner is subject to unlimited personal liability for business debts, losses and liabilities Obtaining capital, such as a bank loan, can be more difficult -- lenders often require a more formal entity structure Sole proprietorships rarely survive an owner’s death or incapacity, so they do not retain value Sole proprietorships by definition can only have one owner A distinct disadvantage, however, is that the owner of a sole proprietorship remains personally liable for all the business's debts.

So, if a sole proprietor business runs into financial trouble, creditors can bring lawsuits against the business owner. If such suits are successful, the owner will have to pay the business debts with his or her own money.

Let's examine this more closely because the potential liability can be alarming. Assume that a sole proprietor borrows money to operate but the business loses its major customer, goes out of business, and is unable to repay the loan. The sole proprietor is liable for the amount of the loan, which can potentially consume all her personal assets.

Imagine an even worse scenario: The sole proprietor is involved in a business-related accident in which someone is injured or killed. The resulting negligence case can be brought against the sole proprietor owner and against her personal assets, such as her bank account, her retirement accounts, and even her home.

When you need the best lawyer call 1-800-564-2707. business attorney for medical company

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West Jordan UT lawyer for accountant

 

West Jordan UT

What Is A Business Litigation Lawyer?

 

contract attorney

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Do I Need a Business Lawyer?

As a business owner, you face many decisions when it comes to starting, running, and growing your business.

This article is designed to explain your options and help you decide the correct business type for your business. business-types

It explains the advantages and disadvantages of the main business types, including Sole Proprietorship, Partnership, Limited Liability Company, C Corporation, as well as S Corporation.

After I clearly explain each business type in detail and go over the advantages and disadvantages of each, I will explain how you can form your own entity so you can get started with your business and help protect yourself from liability.

Thank you for going on this journey with me. If you have any questions whatsoever, I encourage you to post questions down below in the comment section.

Sole Proprietorship

The sole proprietorship is the simplest business form and is not a legal entity. Sole proprietorship is the easiest type of business to establish which means that there’s no state filing required.

It is simply an enterprise owned and operated by an individual. By default, once you start selling goods or services, you have created a sole proprietorship.

So there’s no actual filing requirements and you simply report your business’s earnings on your personal taxes.

sole proprietorship is not legally separate from its owner and it offers no personal liability protection. The law does not distinguish between the owner’s personal assets and the business’s obligations.

In fact, a sole proprietor’s assets can be and often are used to satisfy the debts and liabilities of the business. In other words, if your business gets sued, your personal assets (such as your house, car, or any other properties you own) may also be in risk.

Accidents happen, and businesses end all the time. Such circumstances may quickly become a nightmare for a business owner who operates as a sole proprietor.

A sole proprietorship can operate under the name of its owner or it can do business under a fictitious name, such as Benjamin's Hair Shop. The fictitious name is simply a trade name--it does not create a legal entity separate from the sole proprietor owner.

The sole proprietorship is a popular business form due to its simplicity, ease of setup, and nominal cost. A sole proprietor need only register his or her name and secure local licenses, and the sole proprietor is ready for business.

The owner of a sole proprietorship typically signs contracts in his or her own name, because the sole proprietorship has no separate identity under the law. The sole proprietor owner will typically have customers write checks in the owner's name, even if the business uses a fictitious name. Sole proprietor owners can, and often do, commingle personal and business property and funds, something that partnerships, LLCs and corporations cannot do.

Sole proprietorships often have their bank accounts in the name of the owner. Sole proprietors need not observe formalities such as voting and meetings associated with the more complex business forms.

Sole proprietorships can bring lawsuits (and can be sued) using the name of the sole proprietor owner. Many businesses begin as sole proprietorships and graduate to more complex business forms as the business develops.

Because a sole proprietorship is indistinguishable from its owner, sole proprietorship taxation is actually easy. The income earned by a sole proprietorship is income earned by its owner.

A sole proprietor reports the sole proprietorship income and losses and expenses by filling out and filing a Schedule C, along with the standard Form 1040. Your profits and losses are first recorded on a tax form called Schedule C, which is filed along with your 1040. Then the "bottom-line amount" from Schedule C is transferred to your personal tax return.

This aspect is attractive because business losses you suffer may offset income earned from other sources.

As a sole proprietor, you must also file an IRS tax Schedule SE with Form 1040. You use Schedule SE to calculate how much self-employment tax you owe. You need not pay unemployment tax on yourself, although you must pay unemployment tax on any employees of the business. Of course, you won't enjoy unemployment benefits should the business suffer.

Advantages of Sole Proprietorship

Instant, easy & inexpensive No state paperwork is required for creation No separate tax filing is required -- profits or losses are reported on the owner’s tax return The owner may freely mix business and personal assets A sole proprietor need not pay unemployment tax on himself or herself (but must pay employee unemployment tax) Few, if any, ongoing formalities

Disadvantages of Sole Proprietorship The owner is subject to unlimited personal liability for business debts, losses and liabilities Obtaining capital, such as a bank loan, can be more difficult -- lenders often require a more formal entity structure Sole proprietorships rarely survive an owner’s death or incapacity, so they do not retain value Sole proprietorships by definition can only have one owner A distinct disadvantage, however, is that the owner of a sole proprietorship remains personally liable for all the business's debts.

So, if a sole proprietor business runs into financial trouble, creditors can bring lawsuits against the business owner. If such suits are successful, the owner will have to pay the business debts with his or her own money.

Let's examine this more closely because the potential liability can be alarming. Assume that a sole proprietor borrows money to operate but the business loses its major customer, goes out of business, and is unable to repay the loan. The sole proprietor is liable for the amount of the loan, which can potentially consume all her personal assets.

Imagine an even worse scenario: The sole proprietor is involved in a business-related accident in which someone is injured or killed. The resulting negligence case can be brought against the sole proprietor owner and against her personal assets, such as her bank account, her retirement accounts, and even her home.

When you need the best lawyer call 1-800-564-2707. business lawyer for small company

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Woods Cross UT lawyers in business

 

Woods Cross UT

Independent Contractor Agreement Lawyer

 

attorney business law

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The "C" Corporation

C-Corporation

A corporation is the most common business structure. A corporation is an independent legal entity owned by its shareholders.

This means that the corporation itself, not the shareholders that own it, is held legally liable for the actions and debts the business incurs.

Corporations are more complex than other business structures because they tend to have costly administrative fees and complex tax and legal requirements. Because of these issues, corporations are generally suggested for established, larger companies with multiple employees.

For businesses in that position, corporations offer the ability to sell ownership shares in the business through stock offerings. “Going public” through an initial public offering (IPO) is a major selling point in attracting investment capital and high quality employees.

A corporation’s shareholders, directors, and officers must observe particular formalities in a corporation’s operation and administration.

For example, management decisions must often be made by formal vote and recorded in corporate minutes. Director and shareholder meetings must be properly noticed and documented.

Finally, corporations must meet annual reporting requirements and pay ongoing fees in their state of incorporation and in states where they are registered to transact business.

Taxation is a significant consideration when choosing a business type, and a C corporation is taxed as a separate legal entity (which means no pass-through taxation like a partnership). A business tax return is filed and taxes are paid on the corporation’s profits.

If the corporation distributes profits to the shareholders in the form of dividends, shareholders pay income tax on those distributions. This creates a double taxation of corporate profits.

As with any business type that offers liability protection to owners, a corporation must be created at the state level. Articles of Incorporation (sometimes called a Certificate of Incorporation) in the appropriate state must be filed and filing fees paid.

When you need the best corporate lawyer call 1-800-564-2707. business law office

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Heber City UT business lawyer for plumber

 

Heber City UT

Corporate Counsel

 

lawyer for business lawsuits

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Have you ever wondered about what a small business attorney is? Well, if you have, then welcome! A small business attorney is a person that went through years of schooling to get his or her degree in business to be able to learn and grow as a businessperson.Small business attorneys have all sorts of duties. They find information about how to start a corporation, partnership, or sole proprietorship, franchises, general business law, and taxation. They can study their processes and regulations in order to assist people in a more explainable manner. Small business attorneys give individuals the tools and advice in order to help their business grow. With that being said, if you want to start your own business, think about creating a partnership. When creating a partnership a person can find the assistance they need from a small business attorney and the attorney can help out with the important filings that you need for a small business.There are of course other orders that have to be met by the state of California in order for businesses to be accepted. Among them are that corporations and companies file a form called a "statement of information". Your small business attorney can help you out by explaining to you which forms you need to use in order to file your papers. The attorney may also tell you that you can fill out the papers at the secretary's main website.Small business lawyers concentrate on many factors that have to do with businesses. They know about sole proprietorships, partnerships, LLC'S, corporations, nonprofit corporations, business contracts, hiring workers, and risk management for your business. Small business attorneys deal with and cover many of these situations no matter what type of company it is.A small business is considered small based on certain standards that have to do with various industries in relation to the state of the economy. The laws and the rules that your business has to follow depend on each state, the legal formation of your business, and the nature of the product and service your company offers to people. Since the laws change year after year, there is no way of keeping a checklist as it may have old laws and regulations from the past.That is why if you are planning on starting a small business of your own it is best if you obtain a small business lawyer in order to have a clear sense and not fall into any serious business trouble that you may have if you do it on your own. A small business lawyer does not only give you advice and counsel about the laws that have to do with owning a small business but they also represent you when any legal problems occur.You have probably heard, in the past, about the many different types of insurance that exist today. But have you ever heard of a process called insurance claims? An insurance claim is a request made to an insurance company. It can be any type of insurance but, mainly, it is a person asking for payment based on the regulations of the insurance policy. In other words, insurance claims are then reviewed by the company for their acceptance and then once that is finished it is finally paid to the insured or the requestor.Insurance can cover everything from death benefits on life insurance policies to routine health tests for your well being at your local doctor. On the other hand, claims are filed by third parties for the insured person. There are many types of insurance available, for example, health insurance, disability, auto, life, home, and car accident.The main function of business law is to cover all laws that govern any business and commercial transactions. It is also thought of as being a civil law that revolves around both private law and public law. Within business law there is something called commercial law, which has two elements; a principal and an agent. This mainly has to do with things like carriage by land and sea, merchant shipping, fire, life, insurance accident, bills of exchange and partnership.Other countries have made their own civil codes that communicate statements of their own commercial law. In the United States, commercial law is part of the United States Congress and its power to control interstate commerce. A lot has been taken care of in order to better the unity of commercial law in the United States.

it's time to higher the big guns - you need a 5-star rated business attorney call 1-800-564-2707. business lawyer for contract

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Kamas UT the small business law firm

 

Kamas UT

Top Rated Business Lawyer

 

business lawyer near me

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Where To Find A Business Lawyer

When you are looking for a business lawyer, look no further than MollaeiLaw.com. We are here to answer your questions and provide you with useful information on our blog that you can reference when making decisions.

You can learn more about Business Lawyer by calling us at 1-800-564-2707 and reading about our background and qualifications. We offer a free consultation to all of our clients so they can really learn more about how we work and if we can help them with their situation.

Why Are Business Lawyers Important

Business lawyers are important because they can help you form, protect, and grow your business safely. You won’t have to worry if you’re compliant with state laws and regulations when you form your business or if your contracts would hold up in court or not because we are here for you.

We have the knowledge and the experience you need on your side to help you make smart decisions and protect your personal assets as well as your interests. Don’t make the mistake of drafting a contract, agreement, or official business documents without having a lawyer look it over to make sure everything is included and iron-clad.

Call us today for a free consultation to discuss how we can help you and your business 1-800-564-2707.

Why Do Businesses Need A Lawyer

Businesses need a lawyer because there are many different ways you can accidentally become uncompliant with state, city, or county policies that mandate how you can run a business.

You may also need a lawyer to help you with any contracts or agreements you form in order to make sure they will hold up in court should you have an issue in the future. A lawyer will know what you should include and what to look for depending on your type of contract or agreement to make sure you are protected completely.

Why Hire A Business Lawyer

You should hire a business lawyer if you value your business and want to put your best foot forward and protect it.

This is one area where you can’t afford to do it yourself because mistakes can easily be made. When you work with a business lawyer, you will build a solid foundation for your business and be able to protect it in the future.

Why Is A Business Lawyer A Good Idea

A business lawyer is a good idea because they offer peace of mind. When you hire a business lawyer, you don’t have to try to interpret the law yourself or worry if you are drafting up documents correctly. A business lawyer takes that on for you so you can focus on other income-generating activities.

Who Is The Best Business Lawyer In Utah

The best business lawyer in Utah is one that is convenient, knowledgeable, respectful, and accessible to you.

We are a great option for a business lawyer because we specialize in helping business owners and entrepreneurs start and grow their business. We are not new at this and have a long line of hundreds of happy entrepreneurs and business owners that have used our service.

How Can A Lawyer Help Start A Business?

A lawyer can help you start a business by informing you about the types of business you can form and helping you weigh the pros and cons of each type in your unique situation.

Once you decide on which type you want for your business, a lawyer can help you file all of the necessary paperwork to make your business legitimate and legal. Then that same lawyer can help you draft solid employee contracts, non-compete agreements, and other various legal contracts that will build your business’s solid legal foundation that protects you in the future.

Why Do You Need A Business Lawyer?

You need a business lawyer if you run a business. It really is that simple because you can’t afford not to protect something that you love and rely on for financial support.

A business lawyer can help you from the very beginning of your business, the formation, throughout the years as you grow and succeed. A business lawyer is knowledgeable and experienced and knows how to make sure you are protected and compliant every step of the way.

When you need a 5-star rated business lawyer today, call 1-800-564-2707. business startup lawyer

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South Jordan Utah business lawyer for contractor

 

South Jordan Utah

I Own a Small Business, Do I Need a Business Lawyer?

 

litigation attorney

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In one of his most famous and tautological quotes, President Warring G. Harding once observed that, "The business of America is business." He was right. No nation on earth has a stronger commitment to free enterprise than the United States. According to the Small Business Administration (SBA), there are nearly 30 million small companies in the U.S., which represents over 99 percent of all employer firms.Although it is invariably the corporations that make headlines when accused of wrongdoing, most business-related lawsuits are filed against small companies since there are so many of them. This specialized area of practice is called business litigation in the legal profession. Lawsuits that involve malpractice, contract law, and class action suits are the most common types of these cases.Who To CallEven though the law is supposed to be blind, companies of all sizes are often cast as villains when accused of wrongdoing. Whether the case is about food poisoning or a defective airbag, a firm must work fast to defend the company's good name. Failure to do so will almost inevitably result in a deluge of bad press, which will almost certainly hurt the bottom line.In any civil case, the complainant is the accuser, while the litigant is the accused, hence the term "business litigation." These accusers could be anyone, including a current or former employee, customer, client, or former partner. The most sophisticated cases litigation lawyers handle are class action suits.A lawyer that specializes in class action lawsuits must defend his client against a group of complainants that may include hundreds or even thousands of people. The outcome of these cases can alter the fortunes of any company, no matter how large they might be. The Master Tobacco Settlement, for example, was settled in 1998 for $206 billion over 25 years!What To ExpectWhether of the class action, contract, or malpractice variety, most of these cases are settled before they ever get to court. There are many reasons for this. First and most obviously, members of the firm that may or may not be responsible for any wrongdoing do not want their name tarnished in the press. As a result, they are often willing to settle cases they may not have been responsible for simply because it is cheaper and easier than going to trial. With that said, a good business litigation lawyer must be a skilled mediator, since that is often how these cases are resolved.Mediation Vs. ArbitrationAs a general rule, attorneys must negotiate in either arbitration or mediation hearings. The only difference between the two processes is that arbitration involves a legal judgment that is determined by an arbitration board, while mediation is simply an open negotiation between the two opposing sides.Settlements that are made in mediation often involve disputes where the complainant believes that they were unlawfully terminated. Because wrongful termination cases are so common, they seldom make the papers or the news, which is why they are often settled for a reasonable sum before they ever get to a judge.In any of the aforementioned situations, an experienced business lawyer may mean the difference between a crippling lawsuit and a legal victory.

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litigation attorney

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In Need of a Business & Corporate Law Attorney? Business and corporate offices are dependent upon a sturdy legal framework and would otherwise struggle through their affairs without sound legal advice. Business and law attorneys provide that advice that can help secure and shape the framework for any office. They have years of experience within the field which gives them the edge when it comes to knowing how to protect and advance a company. With real-world solutions and modern methods, business and corporate law attorneys can assist business of all sizes, from those just starting out to those who have been clients for up to 80 years.Clients need to have a firm understanding of the most effective policies, contracts, and training tools in order to keep the company functioning and growing. If a company is lacking the legal resources, it runs the risk of losing money. Other negative side-effects can include bad publicity, shareholder and property disputes, and disgruntled employees. However, if a company finds itself in a legal predicament, business and corporate law attorneys can ensure that the legal tools are utilized to the fullest. These tools will set the groundwork for future prosperity and success of a business.Business and corporate attorneys offer more than just the advice and groundwork needed to handle publicity. Banking and finance law, employment and labor law, mergers and acquisitions are just a few areas that an attorney can help with. Their knowledge also expands into the realm of negotiations and drafting of contracts, as well as business succession planning and construction law and litigation.Individual goals are the priority of even business and corporate law attorney. They strive to help each client meet their goal no matter how big or small it may seem. With acute attention to detail and modern solutions, attorneys can help clients tackle legal details without stress or confusion. Business and corporate law attorneys offer a variety of strategies when it comes time to negotiate and draft contracts, plus they are trained to sort through the legal details presented by software development and licensing arrangements.Business and corporate attorney's can also offer advice on business purchases and sales, as well as guide clients in succession planning, dissolutions and buy-outs. Their help will ensure that every client receives maximum benefit and satisfaction and that both parties are satisfied with the outcome.Business and corporate attorneys want to protect the intellectual property and advantage in the marketplace of their client. They will do their best to provide answers regarding multiple issues including business structuring, shareholder and buy-sell agreements, and capitalization. With their help and answers, businesses can rest assure that the most productive results are reached so that the future of the company is secured.

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