We are often asked when a client should talk to a Texas business attorney. Below is a list of some situations where the advice of a small business lawyer would be beneficial.
STARTING A NEW BUSINESS
When you are thinking about starting a new business venture (including a franchise).
BUYING/SELLING A BUSINESS INTEREST
When you are thinking about buying or selling a business (including a franchise or client list), including when the partners no longer want to work together.
DEATH OF AN OWNER
When one of the business owners dies.
RETIREMENT
When you are contemplating, or ready to, step away from your business.
CHANGE IN MARITAL STATUS
When your marital status has changed, and you are now married, divorced, remarried or widowed.
RECEIVING FUNDS FROM INVESTORS OR LENDERS
When you are seeking to grow your business through an outside capital infusion.
HIRING (OR BECOMING) AN INDEPENDENT CONTRACTOR.
When you enter into a contract-based (as opposed to employment) relationship.
WHEN YOU’VE RECEIVED A DEMAND LETTER OR OTHER NOTICE OF DISPUTE
When you become involved in a contract dispute in pre-litigation, arbitration or mediation.
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It’s awesome that this article on business lawyers talked about starting a new business. My sister is looking into becoming a business lawyers and was wondering when she would most likely be hired and for what situations. When you mentioned that even in situations like divorce or getting married it is important to have a business lawyer I was surprised. I never thought it would affect a business until you mentioned it. I will be sure to show this to my sister so she can be prepared for what she might be getting into.
Hi Barbera! Thank you for reading and commenting! Glad the article was helpful.
This is truly helpful, thanks.