Tips on How to Protect Yourself from 4 Legal Hazards
Countless worries plague entrepreneurs who are just starting their business. One of them has to do with whether or not they need a business lawyer in Miami. This is because most business owners wrongly perceive that Miami business lawyers charge high rates, and since many startup businesses do not have much money to shell out, they tend to put off hiring a business lawyer until when they are faced with serious legal problems. What most of these entrepreneurs do not realize is that it is vital for every business to engage the services of a business lawyer as this is beneficial to the business in the long run.
In today’s business world, government agencies and even individuals investigate and sue companies all the time. However, business owners can lessen the odds of these happening to their establishments by identifying some of the most common legal issues that could come their way and take appropriate steps to protect themselves against such.
Every business is legally bound to operate within state and federal laws. Most of the time, the excellent points that have to do with running a successful organization is more than a handful, and you may not have enough time to face issues that deal with the handling of tax laws or intellectual property rights. This is where you will need the services of a professional in the person of a Miami, business lawyer. A business lawyer in Miami will offer the necessary legal guidance you need to avoid problems such as the ones mentioned above as well as enhance the growth of your organization.
Business law focuses on different types of business establishments. Laws that govern how to create and run every type of business exists and may consist of entities such as partnerships, corporations as well as limited liability companies. Remember that business law covers both state and federal laws. Therefore, if you were to start a new business, for instance, you need to decide which type of business it would be; would it be run as a sole proprietorship type of business? Or would it require that you form a partnership with a friend or two? Do you need to file any papers to that effect? Which types of papers would that be and how can you readily access them? All these questions, which fall under the umbrella of ‘business entities,’ are part of state laws. When you end up choosing the type of business entity you want to run, it will influence how you pay you federal income taxes, and this falls under federal laws.
Our Miami Business Lawyers Handle These Legal Problems:
Litigation from Employees
Employees, surprisingly, can also take their employers to court by leveling real or imagined harm against them. For every harm that is perceived, an ingenious lawsuit is waiting to be filed against you. Issues that could arise include:
- Racial discrimination
- Wrongful termination
- Gender discrimination
- Sexual harassment
- Pregnancy discrimination, etc.
These are just some of the lawsuits that are commonly filed by employees. The first line of defense against legal problems like these is to ensure the elucidation of thorough and clear employee policies and rules. The creation of employee manuals as well as document files is a necessity. Ensure that every one of your employees is treated with respect on a consistent basis and with equality. Then get the help of a business lawyer in Miami to review your rules and policies as soon as possible.
Both federal and state law enforcement, as well as governmental agencies, multiply every day. Don’t be surprised if you find your business being regulated by as much as ten different agencies apart from the customary and normal departments that police each industry. Businesses and their executives are high-value targets for investigation and litigation, and this trend can be very disconcerting, especially to new startups. This is why you need the services of a lawyer that is well-trained in business law. A business lawyer in Miami can go to great lengths in ensuring that you and your organization are insulated from such harassments.
A Miami business lawyer is in the best position to help you create policies and rules that will ensure maximum cooperation with government agencies when it comes to inquiries and investigations. The lawyer can also educate you and your employees regarding your constitutional rights as well as the procedures to follow when faced with such issues.
Marital Divorce Issues
This area is often overlooked by most business partners, yet it is a key issue that should be addressed within the context of business agreements. If you are married, or if any of your business partners are married, you need to draw up documents that will cover eventualities like divorce, etc. This implies that you will need to draw contractual protections in your business agreements or entity documents which cover these risks. This will enable you to continue running your business irrespective of anyone’s divorce proceedings and claims. These are the areas that business law covers as well, and an experienced business attorney can also help you put together marital property agreements which will serve as additional protection from this problem.
Business Contract Litigation
Every business owner and executives have the duty and obligation to insulate their employees, stakeholders, families, and business partners from legal threats that usually haunt business operations and corporations. Business lawyers can help you to create contractual provisions that will reduce the chances of getting sued or having to sue third parties that contravene business agreements.
Due to their experience in these matters, business lawyers in Miami can build several advantages into contracts with the purpose of giving you total control over legal processes such as:
- choosing the state where you will be sued or where to conduct arbitration,
- limit damages
- Requiring that losers pay the costs of the resolution of the dispute, etc.
Miami business lawyers help business owners to understand the risks and threats that come with most legal actions and will help you to take proactive measures to protect you from legal disasters, litigation and literally control your legal destiny. This will enable you to have major advantage over any legal battles in the future.