Every business will eventually need legal advice. For the best representation, it is important to choose a professional legal partner who is proficient in the areas of practice your business requires. Partnering with an experienced, committed, and results-driven law firm is vital to the overall success and security of your company, so this decision should be carefully contemplated.
Let’s take a look at 6 key things to consider when selecting the right legal representation for your business.
The first step in choosing a legal partner is to assess and understand legal issues commonly faced in your industry. Having representation well-versed in the practice areas related to your business will not only ensure that any legal issues are handled appropriately and effectively, but potential legal issues can be avoided all together.
Finding a law firm in your area that already represents similar businesses is a good start. You can also reach out to industry peers or former clients for recommendations.
Law firms with decades of combined experience in business law and a successful track record should be priorities on your list of considerations. You should also consider the size of your business and the law firm’s experience with businesses in a similar scope.
Availability and accessibility are crucial factors that help clients feel more comfortable and secure when dealing with legal issues. Keeping you in the loop and up to speed on proceedings inspires confidence that your business is in good hands while a quick response to voicemails, emails, texts, etc. shows that they care about you as a client.
You also want legal representation that maintains a clear and straightforward line of communication with you. Optimism can be reassuring, but sugarcoating a situation can be misleading and cause tension in the relationship if expected outcomes are not achieved.
Finding the right balance between your business’ legal requirements and the size of a law firm on your shortlist is an important part of the decision making process. If your business is relatively small, a large firm might be too expensive and unable to provide the attention and solutions specific to your business needs. On the flip side, a firm that is too small might lack the resources to effectively handle a serious legal problem.
Having a clear understanding of a firm’s fee structure and billing arrangements will alleviate future confusion over compensation, so discuss this upfront and express your interest in a transparent billing process.
This may be the most important determining factor when choosing a law firm to represent your business. If you are not comfortable with the core values and culture of a particular law firm, regardless of how well they meet your criteria, you will not likely form a good relationship. Schedule a consultation to test compatibility and feel out whether or not the firm will be a good fit for your business.
Whatever the area of legal practice your business requires, Stone Canyon Law has you covered. Their experienced team of legal experts will ensure that your business’ best interest is in good hands.
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