Archive for the ‘Business Law’ Category

Understanding the Importance of Business Law

Thursday, November 10th, 2011

Preparing your company nowadays is an easy task. You can easily get marketing ideas on the internet. You can research and gather more information easily. You can attend short courses to improve your skills. You can better and cheaper suppliers on the World Wide Web. You can contact advertisers to promote your product or services.

But there is one thing you can’t read on books neither learn on business courses. And these are the legal services of business attorneys. A number of marketing and sales books can help you build new strategies but only business attorneys can give you legal advice with regards to your company. If you are building up a new business, you don’t want to mess up with the court. Even some of the greatest and the biggest businessmen that failed to seek counsel of business lawyer crashed.

Maybe you have the best talent for a particular company,you may have the capital, you may have the work force and you may have the knowledge – but business laws. Here in Texas, you have to be aware of certain business law. Texas Business law may cover fraud and deceptive practices, contract disputes, refusal of insurance claims, bankruptcy, right of creditor, partnership and corporate disputes. There also specific laws for real estate, oil and gas business and business sales and purchases. In addition, you should familiarize with draft and review of contracts and leases, employment contracts and even insurance policies.

These tasks are not for business persons but rather for business lawyers that have wide experience as well as educational background. You should seek for legal advice with business lawyers. Though you might not need permanent business attorneys, you can always hire one if you ever needed them. You don’t necessarily need an attorney who knows every single law, but rather a marketable business lawyer. This business lawyer must be familiarized with Texas business law, and should know what business you’re into. The business lawyer should not only assist you on the court but also give you legal advice whenever you need one.

Reasons For Hiring a Business Lawyer

Wednesday, January 26th, 2011

When you start your own business, you’re handling most of the daily operations yourself. As your business grows, others will come aboard to help. When legal issues arise, you’ll likely need the expertise and experience of a business lawyer. Here are 4 possible reasons why the help of a well-trained business lawyer can pay for itself.

Corporate Structure

Your business attorney should be adept at analyzing your company and helping you select the proper structure. Each type of corporate structure carries a different level of personal liability for you, the business owner. If you choose your business structure without the help of a lawyer, you may unwittingly assume more personal risk than necessary.

Handle Lawsuits

You’ll eventually need to either file a lawsuit or protect yourself against one filed by someone else. Going to court is incredibly expensive. It’s rarely a worthwhile investment. A good business lawyer can help your company handle lawsuits while avoiding the time and expense of going to court. Often, your lawyer can even prevent legal issues from escalating into lawsuits.

Review Contracts

Running a business means using contracts. The professional relationships you have with investors, partners, vendors and employees requires the use of contracts to make sure each person’s (or entity’s) rights are protected. Many business owners make the mistake of creating these contracts without legal help. Then, they’re surprised when those contracts don’t provide adequate legal protection in court. Have your business lawyer draft these contracts to avoid issues down the road.

Labor Laws

As your business grows, you’ll continue to add employees. There are labor laws that protect your employees’ rights. Because you’ll be busy running your business, you won’t be able to keep up with the constant changes made to these laws. As a result, you may unknowingly violate your employees’ rights and find yourself the unfortunate target of a lawsuit. A business lawyer can be invaluable here. He’ll help your company avoid unnecessary labor law legal issues.

Located in Troy, Michigan, the law firm of Campbell, O’Brien & Mistele, P.C. has been serving their clients professionally, successfully, and loyally, since 1952. It was originally founded by Dale C. Campbell and Edwin G. O’Brien (formerly with the Internal Revenue Service) and was later joined by Henry E. Mistele who brought his entrepreneurial and business background to the firm. The firm now caters to small- and mid-size business and corporate clients in the entire Southeast Michigan area, as well as serving individuals in personal matters in certain practice areas. To discuss your legal matters with the attorneys of Campbell, O’Brien & Mistele, P.C., call them for a free telephone consultation.