A business lawyer is a legal practitioner who specializes in issues that affect businesses and their operations. These issues can be related to corporate law, partnership law, banking law, sales law, or securities law. Business lawyers help their clients navigate the complicated web of laws that impact their operations. This type of legal practice is a bit less combative than other areas of law since most of the time, the client and the business lawyer are working together to accomplish a common goal.
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When a small business owner meets with a prospective business attorney, the lawyer will ask for background information about the business and what the goals are for the business in the future. This information will be used to formulate a plan of action for the business. The lawyer will also ask about the business structure, whether it is a sole proprietorship, partnership, limited liability company, or corporation. The lawyer will help the business owner file all of the necessary paperwork to make the business a legal entity and then assist in the drafting of contracts, employee agreements, vendor contracts, advertising contracts, and more.
A business lawyer will also be able to advise a client on compliance and regulatory issues. They can help the business understand what regulations apply to them and they can assist with responding to inquiries or investigations by government agencies. They can also be a great resource for preventing regulatory issues from occurring in the first place.