Every business owner handles daily decisions ranging from the simple to the complex. For some of those situations, you probably will get advice or input from people you trust. Not only do you get additional points of view, but the extra information may take some of the burdens off your shoulders. When it comes to day-to-day legal issues, the person who can help you the most is your corporate counsel.
Negotiations
You may find yourself negotiating with employees, vendors, and clients. Once a contract is set, you may have trouble altering it. Here is an area where your corporate counsel can really help with the day-to-day legal issues by advising you on what you can and cannot (and maybe should not) do.
Contracts as Day-to-Day Legal Issues
This brings us to the result of your negotiations – contracts. We cannot overemphasize the importance of having your corporate counsel review any contracts before you sign on the dotted line. Once you sign, you are legally bound by the terms of the contract. Sometimes it is possible to terminate a written agreement, but that termination may come at some cost to you and your company.
Ask your corporate counsel to help you deal with the day-to-day legal issues that arise around contracts.
Employment Issues
Every day that you work with employees or even potential employees can lead to a legal problem. Disgruntled employees may attempt to sue over a perceived issue in the workplace. You may need to safeguard your company by asking employee candidates to sign non-compete agreements or employment contracts. These day-to-day legal issues don’t need to be just your headache. Ask your legal counsel for advice.
Changing Business Structure
Maybe the business entity you chose when you started your company no longer works. You may be looking to switch to a different structure that better suits your current needs and possibly eases the way for future expansion. You usually can make this type of change, but it is crucial to understand the legal consequences of any actions you take. Consult with an experienced business lawyer or your corporate counsel to make sure you make choices that help you achieve your goals.
Regulatory Compliance
Between state, local, and federal governments, you probably face day-to-day legal issues related to compliance. Failing to adhere to laws and regulations can lead to fees and penalties but may also harm your reputation.
Lawsuits
Most business owners have been sued by someone or have been forced to sue a person or company. Hopefully, being served with a complaint is not one of the day-to-day legal issues you deal with. However, your corporate counsel can assist when you have a legal disagreement. You may be able to turn to mediation to resolve your problems instead of having to go to trial.
Address Day-to-Day Legal Issues Before They Get Worse
Attorney Richard Sierra at the Florida Small Business Center assists clients like you with business and litigation matters. As always, Our Goal Is to Help You Succeed™. For an appointment, you may call us at 1-866-842-5202 or use the contact form on our website. We represent clients throughout the State of Florida, including Coral Springs, Coconut Creek, Boca Raton, Delray Beach, Pompano Beach, Sunrise, Fort Lauderdale, Miami, West Palm Beach, Jupiter, Deerfield Beach, Stuart, Port St. Lucie, Orlando, Naples, Fort Myers, Sarasota, Tampa, and surrounding communities.