{"id":4518,"date":"2016-04-04T10:47:33","date_gmt":"2016-04-04T15:47:33","guid":{"rendered":"https:\/\/content.findlaw-admin.com\/ability-law\/smallbusiness\/business-lawyer-resources.html"},"modified":"2024-01-24T16:03:42","modified_gmt":"2024-01-24T21:03:42","slug":"business-lawyer-resources","status":"publish","type":"page","link":"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources.html","title":{"rendered":"Business Lawyers and Resources"},"content":{"rendered":"\n<div class=\"fl-sectionWithSidebar fl-container fl-flex fl-flex-wrap fl-gap30  wp-container-core-columns-is-layout-9d6595d7 fl-sectionWithSidebar fl-container fl-flex fl-flex-wrap fl-gap30\">\n    \n    <div class=\"fl-section-main fl-page-articles fl-section-main fl-section-main-full-width\">\n        <div\n    data-testid=\"fl-general-title\"\n    class=\"fl-general-title fl-flex fl-gap20 fl-items-end\"\n>\n    <div class=\"fl-general-title-heading fl-flex fl-flex-column\">\n        <h1\n            class=\"fl-h1 fl-general-title-title fl-no-spacing\"\n            data-testid=\"fl-general-title-title\"\n        >\n            Business Lawyers and Resources\n        <\/h1>\n        <p\n            class=\"fl-general-title-description fl-text-xl fl-no-margin\"\n            data-testid=\"fl-general-title-description\"\n        >\n            Knowing when to hire a business attorney to protect your best interests is key.\n        <\/p>\n    <\/div>\n<\/div>\n\n<section class=\"fl-gutenberg-byline\">\n    <div class=\"fl-gutenberg-byline-content\">\n                    By <a href=\"https:\/\/www.findlaw.com\/company\/our-team\/jade-chounlamountry-esq\/\">Jade Chounlamountry, Esq.<\/a> | Legally reviewed by <a\n                href=\"https:\/\/www.findlaw.com\/company\/our-team\/aviana-cooper-esq\/\">Aviana Cooper, Esq.<\/a>\n                | Last updated\n        <time>\n                            January 24, 2024\n                    <\/time>\n    <\/div>\n\n            <div class=\"fl-gutenberg-byline-editorial-note fl-text-sm\">\n            <p>Editorial Note: We earn a commission from affiliate partner links on FindLaw. Commissions do not affect the editorial integrity of our legal content.<\/p>\n\n        <\/div>\n    \n    <details class=\"fl-gutenberg-byline-toggle fl-gutenberg-byline-legally-reviewed\">\n        <summary>\n            <i class=\"fl-gutenberg-byline-icon\" aria-hidden=\"true\"><\/i>\n            Legally Reviewed\n        <\/summary>\n\n        <div class=\"fl-gutenberg-byline-toggle-content\">\n            <p><em>This article has been written and reviewed for legal accuracy, clarity, and style by <a href=\"https:\/\/www.findlaw.com\/company\/our-team.html\">FindLaw\u2019s team of legal writers and attorneys<\/a> and in accordance with <a href=\"https:\/\/www.findlaw.com\/company\/company-history\/editorial-policy.html\">our editorial standards<\/a>.<\/em><\/p>\n\n        <\/div>\n    <\/details>\n\n    <details class=\"fl-gutenberg-byline-toggle fl-gutenberg-byline-fast-checked\">\n        <summary>\n            <i class=\"fl-gutenberg-byline-icon\" aria-hidden=\"true\"><\/i>\n            Fact-Checked\n        <\/summary>\n\n        <div class=\"fl-gutenberg-byline-toggle-content\">\n            <p><em>The last updated date refers to the last time this article was reviewed by FindLaw or one of our <a href=\"https:\/\/www.findlaw.com\/company\/our-team\/contributing-authors.html\">contributing authors<\/a>. We make every effort to keep our articles updated. For information regarding a specific legal issue affecting you, please <a href=\"https:\/\/lawyers.findlaw.com\/?fli=bylinelink\" target=\"_blank\" rel=\"noopener\">contact an attorney in your area<\/a>.<\/em><\/p>\n\n        <\/div>\n    <\/details>\n<\/section>\n<p>The legal structure you choose for your business is not just a boring detail. It&#8217;s a big deal. It affects how you run your business, handle money, and protect yourself from trouble. We&#8217;ll also show you where to find help and resources. Knowing your legal needs in a small business is not just an option\u2014it&#8217;s a must-do.<\/p>\r\n\n<div\n    class=\"fl-category-overview\"\n    data-testid=\"fl-category-overview\"\n>\n    <div\n        class=\"fl-accordion fl-category-overview-container\"\n        id=\"category-overview\"\n        data-testid=\"fl-accordion\"\n    >\n                    <div\n               class=\"fl-accordion-item fl-category-overview-item\"\n               id=\"section-1-category-overview\"\n               aria-labelledby=\"button-1-category-overview\"\n               data-testid=\"fl-accordion-item\"\n            >\n                <h2\n                    class=\"fl-accordion-header fl-flex fl-items-center fl-justify-between fl-no-margin\"\n                    data-testid=\"fl-accordion-header\"\n                >\n                    <button\n                        id=\"button-1-category-overview\"\n                        aria-label=\"Category 1 content\"\n                        aria-expanded=\"false\"\n                        aria-controls=\"section-1-category-overview\"\n                        class=\"fl-accordion-button fl-flex fl-flex-auto fl-justify-between\"\n                        type=\"button\"\n                    >\n                        Hiring a Business Lawyer\n                        <span aria-hidden=\"true\">\n                            <i\n                                class=\"fa fa-angle-down small\"\n                                aria-hidden=\"true\"\n                            ><\/i>\n                        <\/span>\n                    <\/button>\n                <\/h2>\n                <div\n                    class=\"fl-accordion-content\"\n                    data-testid=\"fl-accordion-content\"\n                    id=\"content-1-category-overview\"\n                >\n                    <ul class=\"fl-no-margin fl-list\">\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/hiring-a-business-lawyer.html\" class=\"fl-list-item-link\">\n                                    <span>Hiring a Business Lawyer<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/when-do-i-need-a-business-lawyer-for-my-small-business.html\" class=\"fl-list-item-link\">\n                                    <span>When Do I Need a Business Lawyer for My Small Business?<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/how-a-lawyer-can-help-your-business.html\" class=\"fl-list-item-link\">\n                                    <span>How a Lawyer Can Help Your Business<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/do-i-need-a-lawyer-to-incorporate-.html\" class=\"fl-list-item-link\">\n                                    <span>Do I Need a Lawyer To Incorporate?<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/hiring-legal-help-with-trademarks.html\" class=\"fl-list-item-link\">\n                                    <span>Tips for Choosing the Best Lawyer for Your Trademarks<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/hiring-legal-help-with-patents.html\" class=\"fl-list-item-link\">\n                                    <span>Getting Legal Help From a Patent Attorney<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/10-reasons-to-see-a-tax-attorney-for-help.html\" class=\"fl-list-item-link\">\n                                    <span>10 Reasons to See a Tax Attorney for Help<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                            <\/ul>\n                <\/div>\n            <\/div>\n                    <div\n               class=\"fl-accordion-item fl-category-overview-item\"\n               id=\"section-2-category-overview\"\n               aria-labelledby=\"button-2-category-overview\"\n               data-testid=\"fl-accordion-item\"\n            >\n                <h2\n                    class=\"fl-accordion-header fl-flex fl-items-center fl-justify-between fl-no-margin\"\n                    data-testid=\"fl-accordion-header\"\n                >\n                    <button\n                        id=\"button-2-category-overview\"\n                        aria-label=\"Category 1 content\"\n                        aria-expanded=\"false\"\n                        aria-controls=\"section-2-category-overview\"\n                        class=\"fl-accordion-button fl-flex fl-flex-auto fl-justify-between\"\n                        type=\"button\"\n                    >\n                        Legal Forms and Resources\n                        <span aria-hidden=\"true\">\n                            <i\n                                class=\"fa fa-angle-down small\"\n                                aria-hidden=\"true\"\n                            ><\/i>\n                        <\/span>\n                    <\/button>\n                <\/h2>\n                <div\n                    class=\"fl-accordion-content\"\n                    data-testid=\"fl-accordion-content\"\n                    id=\"content-2-category-overview\"\n                >\n                    <ul class=\"fl-no-margin fl-list\">\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-contracts-forms.html\" class=\"fl-list-item-link\">\n                                    <span>Business Contracts and Forms<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/documents-to-bring-to-your-attorney.html\" class=\"fl-list-item-link\">\n                                    <span>Business Litigation: Documents to Show Your Attorney<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/personal-information-questionnaire-hiring-a-lawyer.html\" class=\"fl-list-item-link\">\n                                    <span>Hiring a Lawyer for Your Business &#8211; Questions to Ask<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/meeting-with-a-lawyer-selling-your-business.html\" class=\"fl-list-item-link\">\n                                    <span>Meeting with a Lawyer: Selling Your Business<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/selling-your-business-documents-to-show-your-lawyer.html\" class=\"fl-list-item-link\">\n                                    <span>Selling Your Business: Preparing for Your Lawyer<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/meeting-with-a-lawyer-nbsp-employee-stock-option-plans.html\" class=\"fl-list-item-link\">\n                                    <span>Meeting with a Lawyer: Employee Stock Option Plans<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/documents-to-bring-to-your-attorney.html\" class=\"fl-list-item-link\">\n                                    <span>Business Litigation: Documents to Show Your Attorney<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                                <li class=\"fl-list-control-list-item fl-flex\">\n                            <div class=\"fl-list-control-container\">\n                                <i\n                                    class=\"fa fa-angle-right small\"\n                                    aria-hidden=\"true\"\n                                ><\/i>\n                            <\/div>\n                            <div class=\"fl-list-control-text\">\n                                <a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/small-business-mediation.html\" class=\"fl-list-item-link\">\n                                    <span>Small Business Mediation<\/span>\n                                <\/a>\n                            <\/div>\n                        <\/li>\n                                            <\/ul>\n                <\/div>\n            <\/div>\n            <\/div>\n<\/div>\n\n<h2>What Legal Issues Do Small Business Owners Typically Encounter?<\/h2>\r\n<p>All businesses will encounter certain legal matters, such as questions about taxes or drafting contracts. But a small business owner&#8217;s legal obligations and risks generally depend on the type of industry, business model, inherent risks involved, state laws, and a host of other considerations he or she faces. It&#8217;s always best to consult an attorney before opening up shop, but anyone starting a small business will likely be confronted one or more of the following legal issues:<\/p>\r\n<ul>\r\n<li>Choosing a legal structure (such as a partnership, limited liability company, or corporation)<\/li>\r\n<li>Hiring and managing employees in accordance with state and federal employment laws<\/li>\r\n<li>Protecting inventions and trademarks through intellectual property law<\/li>\r\n<li>Extending credit and collecting on past due amounts in accordance with federal laws<\/li>\r\n<li>Complying with health and safety regulations when constructing or preparing a work site<\/li>\r\n<li>Maintaining the required level of workers&#8217; compensation insurance coverage<\/li>\r\n<\/ul>\r\n<h2>Choosing the Right Business Structure<\/h2>\r\n<p>Selecting the proper business structure is often the first decision for new business owners. This decision can impact your business&#8217;s tax treatment, liability, and management structure. The options may include:<\/p>\r\n<ul>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/sole-proprietorships.html\">Sole proprietorships<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/partnerships.html\">Partnerships<\/a><\/li>\r\n<li><a href=\"https:\/\/corporate.findlaw.com\/corporate-governance\/limited-liability-companies.html\" target=\"_blank\" rel=\"noopener\">Limited liability companies<\/a>&nbsp;(LLCs)<\/li>\r\n<li><a href=\"https:\/\/corporate.findlaw.com\/corporate-governance\/types-of-corporations.html\" target=\"_blank\" rel=\"noopener\">Corporations<\/a><\/li>\r\n<\/ul>\r\n<p>Which structure you choose depends on several factors. For example, LLCs are a popular choice for their flexibility and personal liability protection.<\/p>\r\n<p>When choosing your business structure, consider the following:<\/p>\r\n<ul>\r\n<li>The level of control you want<\/li>\r\n<li>The extent of personal liability you&#8217;re comfortable with<\/li>\r\n<li>Your tax obligations<\/li>\r\n<\/ul>\r\n<p>Consulting with an attorney can help you make the best choice for your business. There are also some forms and templates to help you get started.<\/p>\r\n<h2>Business Formation and Templates<\/h2>\r\n<p>Consider using business forms and templates for your business operations and legal compliance. These resources can help you:<\/p>\r\n<ul>\r\n<li>Draft contracts<\/li>\r\n<li>Create&nbsp;<a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/writing-corporate-bylaws.html\">bylaws<\/a><\/li>\r\n<li>Develop your&nbsp;<a href=\"https:\/\/www.findlaw.com\/smallbusiness\/starting-a-business\/what-is-a-business-plan-.html\">business plan<\/a><\/li>\r\n<\/ul>\r\n<p>Online legal resources and templates can often save you time and money.<\/p>\r\n<p>When using templates, it&#8217;s essential to tailor them to your specific needs. While templates provide a starting point, they should be customized for your business. You also should have any contracts or legal documents reviewed by an attorney. An attorney can ensure they meet all legal requirements and protect your interests.<\/p>\r\n<p><i>We make business formation EASY.&nbsp;<\/i><a href=\"https:\/\/legalzoomcominc.pxf.io\/c\/4851649\/2115288\/26746?subId1=business-lawyer-resources-overview-in-content\" rel=\"sponsored noopener\" data-cta=\"Biz LZ - LATL Callout\" data-cta-url=\"legalzoom.com\" target=\"_blank\">Click here to start your free LLC.<\/a><\/p>\r\n<h2>Incorporation and Registration<\/h2>\r\n<p>If you choose a formal business structure like a corporation, you must complete the incorporation process. This involves filing legal documents with the appropriate state agency. Be sure to get an&nbsp;<a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-taxes\/employer-identification-number-ein-faq.html\">Employer Identification Number (EIN)<\/a>&nbsp;from the IRS for tax purposes.<\/p>\r\n<p>Incorporation makes your business a separate legal entity. This can offer benefits such as limited liability and potential tax advantages. It&#8217;s a complex process. You may need help from legal professionals specializing in business law. Properly executed incorporation ensures that your business complies with state and federal regulations.<\/p>\r\n<h2>Tax Obligations and Returns<\/h2>\r\n<p>Understanding business tax responsibilities is essential to avoid potential legal issues. Business structures have varying&nbsp;<a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-taxes.html\">tax requirements<\/a>, so you must know your obligations. Consult the IRS and state tax agencies for guidance on your situation.<\/p>\r\n<p>Keeping meticulous financial records is crucial for tax compliance. Consider using accounting software or hiring a professional accountant to manage your finances. Proper record-keeping helps with tax reporting and provides a clear financial picture of your business. This aids in decision-making and attracting investors.<\/p>\r\n<h2>Contracts and Agreements<\/h2>\r\n<p>Business contracts are the backbone of any successful venture. These legally binding agreements outline the terms and conditions of various business relationships. Some examples include:<\/p>\r\n<ul>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/write-a-partnership-agreement.html\">Partnership agreement<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/legalblogs\/small-business\/5-tips-for-independent-contractor-agreements\/\">Independent contractor agreement<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-contracts-forms\/what-is-a-non-disclosure-agreement-nda.html\">Non-disclosure agreement<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-operations\/what-is-an-llc-operating-agreement.html\">LLC operating agreement<\/a><\/li>\r\n<\/ul>\r\n<p>Legal documents are essential for protecting your interests and preventing disputes.<\/p>\r\n<p>When creating contracts, it&#8217;s crucial to define roles, responsibilities, and expectations clearly. Ambiguity can lead to misunderstandings and conflicts down the road. Using a business attorney to draft or review your contracts ensures that your agreements are legally sound. By doing so, you can protect your business.<\/p>\r\n<h2>Protecting Your Intellectual Property<\/h2>\r\n<p>Safeguarding intellectual property is vital for real estate, technology, or creative businesses. Intellectual property includes:<\/p>\r\n<ul>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/intellectual-property\/trademarks.html\">Trademarks<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/intellectual-property\/copyrights.html\">Copyrights<\/a><\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/intellectual-property\/patents.html\">Patents<\/a><\/li>\r\n<\/ul>\r\n<p>Each tool grants exclusive rights to your ideas, products, or services. These tools help prevent others from using or reproducing your ideas without permission.<\/p>\r\n<p>Do thorough research before you take legal action to safeguard your intellectual property. Ensure your rights are clear and you&#8217;re not infringing on others. Intellectual property law is complex, so consult an attorney specializing in this area for guidance.<\/p>\r\n<h2>Personal Liability Protection<\/h2>\r\n<p>Many entrepreneurs choose LLCs for their limited liability protection. This business structure is popular because it:<\/p>\r\n<ul>\r\n<li>Protects your things (like your savings and belongings) from business debts<\/li>\r\n<li>Makes legal issues and money troubles less of a risk<\/li>\r\n<li>Allows some partners to have less responsibility for the business&#8217;s debts<\/li>\r\n<\/ul>\r\n<p>Limited liability protection is not absolute. But it&#8217;s essential to maintain a separation between personal and business finances.&nbsp;<a href=\"https:\/\/dictionary.findlaw.com\/definition\/commingle.html\" target=\"_blank\" rel=\"noopener\">Commingling<\/a>&nbsp;funds or failing to adhere to corporate formalities could jeopardize this protection. Regular consultations with legal and financial professionals can help ensure ongoing compliance.<\/p>\r\n<h2>Name Changes and Updates<\/h2>\r\n<p>Changing your business name or updating its information often takes several steps. You&#8217;ll typically need to submit specific documents to the appropriate authorities. For example, this could be your state&#8217;s Secretary of State office or the IRS.<\/p>\r\n<p>Here are the steps you should take before making any changes:<\/p>\r\n<ol>\r\n<li><b>Name availability check<\/b>:&nbsp;Start by checking if the new business name you want to use is available and not already used by another company. This helps you avoid potential legal conflicts and trademark issues.<\/li>\r\n<li><b>Trademark consideration<\/b>:&nbsp;Check for any existing trademarks associated with your desired business name. If there&#8217;s already a trademark registered under that name, you might face legal issues, and changing your name could become a necessity.<\/li>\r\n<li><b>Branding and marketing impact<\/b>:&nbsp;Changing your business name is more than just a legal process. It can affect your branding and marketing efforts. Consider the impact it will have on your existing customers and the need to reestablish your brand identity in the market.<\/li>\r\n<\/ol>\r\n<h2>When Do You Need a Business Attorney?<\/h2>\r\n<p>While you don&#8217;t need a lawyer for everything, certain situations benefit from the help of legal professionals. In fact,&nbsp;not&nbsp;hiring a lawyer for certain procedures can be expensive to the point of bankrupting your business. All it takes is one lawsuit or botched contract to put your business on the wrong trajectory. The truth is, you never know exactly when your small business may need an attorney. Also, it&#8217;s important to remember that limiting your legal exposure in the first place is much better than hiring an attorney after the fact.<\/p>\r\n<p>So, if you have questions about a particular legal issue, particularly if the stakes are high, you should consult an attorney. Attorneys who work with small businesses are often open to consultation arrangements. In such an agreement, the entrepreneur usually does the bulk of the research and then solicits the attorney for review.<\/p>\r\n<p>Instances where you might need legal services include the following:<\/p>\r\n<ul>\r\n<li>Discrimination claims by current, former, or prospective employees<\/li>\r\n<li>Complaints or investigations by federal, state, or local government officials<\/li>\r\n<li><a href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-laws-and-regulations\/overview-key-federal-environmental-laws.html\">Environmental issues<\/a><\/li>\r\n<li>Drafting a&nbsp;<a href=\"https:\/\/www.findlaw.com\/smallbusiness\/incorporation-and-legal-structures\/faq-regarding-buy-sell-agreements.html\">buy-sell agreement<\/a>&nbsp;or merger of your company<\/li>\r\n<\/ul>\r\n<h2>Hiring a Lawyer: Considerations<\/h2>\r\n<p>Don&#8217;t randomly choose a lawyer from the Yellow Pages if you need legal counsel. You&#8217;ll want to make sure the lawyer you hire has the right temperament for your business, in addition to the standard criteria. It also helps to research common fees and fee arrangements before meeting with potential counsel. Generally, you should ask attorneys the following questions in order to make an informed decision:<\/p>\r\n<ul>\r\n<li>How many years of experience do you have?<\/li>\r\n<li>What are your practice areas?<\/li>\r\n<li>Who is your typical client?<\/li>\r\n<li>What are your fees and billing arrangements?<\/li>\r\n<li>How will you keep me updated about the status of my case?<\/li>\r\n<\/ul>\r\n<h2>Getting Help From A Business Lawyer<\/h2>\r\n<p>Understanding legal forms, resources, and obligations can be overwhelming for small business owners. Remember, compliance with the law protects your business entities and sets the stage for growth and success in entrepreneurship. To simplify these complex matters, don&#8217;t hesitate to contact a&nbsp;<a href=\"https:\/\/lawyers.findlaw.com\/business-commercial-law\/?fli=dcta\" target=\"_blank\" rel=\"noopener\">business law attorney<\/a>&nbsp;for legal advice.<\/p>\r\n<div class=\"was-this-helpful\">\n    <div\n            class=\"was-this-helpful__question-container\"\n            aria-labelledby=\"was-this-helpful__question\"\n            role=\"group\"\n    >\n        <span\n                id=\"was-this-helpful__question\"\n                class=\"was-this-helpful__question fl-text-lg-bold\"\n        >Was this helpful?<\/span>\n        <button\n                class=\"was-this-helpful__button fl-text-sm\"\n                aria-label=\"Yes\"\n                value=\"yes\"\n        >\n            <span class=\"was-this-helpful__button-text fl-text-bold\">Yes<\/span>\n            <i class=\"was-this-helpful__button-icon\">\n                <svg width=\"22\" height=\"22\" viewBox=\"0 0 22 22\" fill=\"none\" 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                 id=\"was-this-helpful__radio-button--negative-other\"\n                                class=\"fl-radio-button-field-input\"\n                                type=\"radio\"\n                                name=\"negative-feedback\"\n                                value=\"Other\"\n                        >\n                        <label\n                                class=\"fl-radio-button-field-label fl-text-sm was-this-helpful__radio-label\"\n                                for=\"was-this-helpful__radio-button--negative-other\"\n                        >Other<\/label>\n                    <\/div>\n                <\/fieldset>\n            <\/div>\n            <div class=\"was-this-helpful__form-buttons-container\">\n                <button\n                    class=\"was-this-helpful__feedback-button was-this-helpful__feedback-button--positive at-feedback-submit fl-button secondary\"\n                    type=\"submit\"\n                >\n                    <span class=\"fl-button-content\">Submit<\/span>\n                    <i\n                        class=\"fa fa-angle-right medium\"\n                        aria-hidden=\"true\"\n                    ><\/i>\n                <\/button>\n                <button\n                    class=\"was-this-helpful__feedback-button was-this-helpful__feedback-button--cancel fl-button primary disabled\"\n                    type=\"reset\"\n                >\n                    <span class=\"fl-button-content\">Cancel<\/span>\n                    <i\n                        class=\"fa fa-times-circle medium\"\n                        aria-hidden=\"true\"\n                    ><\/i>\n                <\/button>\n            <\/div>\n        <\/form>\n    <\/div>\n    <div class=\"was-this-helpful__thank-you-message\" role=\"status\">\n        <i class=\"was-this-helpful__thank-you-message-icon fa fa-check\"><\/i>\n        <p class=\"was-this-helpful__thank-you-message-text\" aria-live=\"polite\"><\/p>\n    <\/div>\n<\/div>\n\n\n    <\/div>\n    \n    <div class=\" fl-section-sidebar  \">\n        <div class=\"generalCard\">\n            <div class=\"disclaimer--newLegalZoom general-card--newLegalZoom__disclaimer fl-text-sm\">\n            <p>FindLaw will earn a commission if you purchase business formation products through these affiliate links.<\/p>\n        <\/div>\n        <div class=\"general-card general-card--newLegalZoom\">\n        <div class=\"general-card__header\">\n            <div class=\"general-card__header-image-container\">\n                <img decoding=\"async\" loading=\"lazy\" class=\"general-card__header-image--newLegalZoomText\"\n                     src=\"\/wp-content\/themes\/ability-law\/resources\/images\/legal-zoom\/legal_zoom_text.png\"\n                     alt=\"\">\n                <img decoding=\"async\" loading=\"lazy\" class=\"general-card__header-image--newLegalZoom\"\n                     src=\"\/wp-content\/themes\/ability-law\/resources\/images\/legal-zoom\/legal_zoom.png\"\n                     alt=\"\">\n            <\/div>\n            <span class=\"general-card__header-title fl-text\"><p>Meet FindLaw&#8217;s <b>trusted partner LegalZoom<\/b>, an industry leader in online business formations<\/p>\n<\/span>\n        <\/div>\n        <div class=\"general-card__body\">\n            <div class=\"text section\">\n                <div class=\"cmp-text\">\n                    <h2 class=\"general-card__h2--newLegalZoom fl-h3-landing\">Kickstart your LLC in minutes!<\/h2>\n                    <div>\n                        <p><p>Join the millions who launched their businesses with LegalZoom.<\/p>\n<p><b>LLC plans start at $0 + state fees.<\/b><\/p><\/p>\n\n                    <\/div>\n                <\/div>\n            <\/div>\n        <\/div>\n        <div class=\"general-card__footer\">\n            <a class=\"general-card__footer-link fl-text-lg diy-biz-affiliate\" data-cta-url=\"legalzoom.com\" data-cta=\"Biz LZ - LATL ESum\" target=\"_blank\" rel=\"sponsored noopener\" href=\"https:\/\/legalzoomcominc.pxf.io\/c\/4851649\/2115288\/26746?subId1=business-lawyer-resources-overview-esum\">\n                <p class=\"general-card__footer-link-text fl-no-margin fl-text-lg-medium\">Get started<\/p>\n                <i class=\"general-card__footer-link-icon fa fa-angle-right\" aria-hidden=\"true\"><\/i>\n            <\/a>\n        <\/div>\n    <\/div>\n    <div class=\"general-card--newLegalZoom__bottom\">\n        <p>Prefer to work with a lawyer?<\/p>\n<p><a href=\"https:\/\/lawyers.findlaw.com\/business-organizations\/?fli=latl_biz:dir:lz_esum\" target=\"_blank\" rel=\"noopener\">Find one right now.<\/a><\/p>\n\n    <\/div>\n<\/div>\n\n    <div class=\"popularDirectory\">\n        <div class=\"general-popular-directory \">\n            <div class=\"general-popular-directory-title\">\n                <h3>Attorney Directory<\/h3>\n            <\/div>\n 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target=\"_blank\" rel=\"noopener\">Business Organization Attorneys<\/a><\/li>\n                                    <li><a href=\"https:\/\/lawyers.findlaw.com\/banking-finance-law\/\" target=\"_blank\" rel=\"noopener\">Banking &#038; Finance Lawyers<\/a><\/li>\n                            <\/ul>\n        <\/div>\n    <\/div>\n\n\n    <\/div>\n<\/div><div class=\"popularRecent\">\n    <div class=\"row popular-recent\">\n        <h2 class=\"popular-recent-title\">Looking for More Information?<\/h2>\n        <div class=\"popular-recent-item\">\n            <div class=\"popular-recent-item-image\">\n                <img decoding=\"async\" src=\"https://www.findlaw.com/static/c/images\/images\/w_1200,c_limit,dpr_auto\/f_auto,q_auto:eco\/v1745849290\/ability-law\/wp-prod\/general-components-popular-recent-popular\/general-components-popular-recent-popular.svg?_i=AA\"\n                    alt=\"\">\n            <\/div>\n            <div class=\"popular-recent-item-content\">\n                <h3>Popular Law Articles<\/h3>\n                <ul class=\"fl-list\">\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/small-business-forms-contracts.html\">Small Business Forms &#038; Contracts<\/a>\n                        <\/li>\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/small-business-mediation.html\">Small Business Mediation<\/a>\n                        <\/li>\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/how-a-lawyer-can-help-your-business.html\">How a Lawyer Can Help Your Business<\/a>\n                        <\/li>\n                                    <\/ul>\n            <\/div>\n        <\/div>\n        <div class=\"popular-recent-item\">\n            <div class=\"popular-recent-item-image\">\n                <img decoding=\"async\" src=\"https://www.findlaw.com/static/c/images\/images\/w_1200,c_limit,dpr_auto\/f_auto,q_auto:eco\/v1745849421\/ability-law\/wp-prod\/general-components-popular-recent-recent_12960fdca\/general-components-popular-recent-recent_12960fdca.svg?_i=AA\"\n                    alt=\"\">\n            <\/div>\n            <div class=\"popular-recent-item-content\">\n                <h3>Most Recent Law Articles<\/h3>\n                <ul class=\"fl-list\">\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/personal-information-questionnaire-hiring-a-lawyer.html\">\n                                Hiring a Lawyer for Your Business &#8211; Questions to Ask\n                            <\/a>\n                        <\/li>\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/hiring-legal-help-with-trademarks.html\">\n                                Tips for Choosing the Best Lawyer for Your Trademarks\n                            <\/a>\n                        <\/li>\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/small-business-forms-contracts.html\">\n                                Small Business Forms &#038; Contracts\n                            <\/a>\n                        <\/li>\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/hiring-legal-help-with-patents.html\">\n                                Getting Legal Help From a Patent Attorney\n                            <\/a>\n                        <\/li>\n                                            <li class=\"fl-list-item fl-flex\">\n                            <i class=\"fa fa-angle-right medium\" aria-hidden=\"true\"><\/i>\n                            <a class=\"fl-list-item-link\" href=\"https:\/\/www.findlaw.com\/smallbusiness\/business-lawyer-resources\/when-do-i-need-a-business-lawyer-for-my-small-business.html\">\n                                When Do I Need a Business Lawyer for My Small Business?\n                            <\/a>\n                        <\/li>\n                                    <\/ul>\n            <\/div>\n        <\/div>\n    <\/div>\n<\/div>\n\n","protected":false},"excerpt":{"rendered":"<p>Discover various legal resources available for your small business and how business lawyers can help with FindLaw.<\/p>\n","protected":false},"author":41135,"featured_media":0,"parent":4328,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"app\/Http\/Controllers\/Templates\/OverviewPageController.php","meta":{"_acf_changed":false,"_stopmodifiedupdate":true,"_modified_date":"","_autodraft_ids":[],"_cloudinary_featured_overwrite":false,"_sb_is_suggestion_mode":false,"_sb_show_suggestion_boards":false,"_sb_show_comment_boards":false,"_sb_suggestion_history":"","_sb_update_block_changes":"","_is_real_time_mode":false,"_realtime_collaborators":"","footnotes":"","cf_checklist_status":[]},"categories":[2],"tags":[9],"state_laws_tags":[],"flmsa":[],"class_list":["post-4518","page","type-page","status-publish","hentry","category-smallbusiness","tag-aff-llc"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages\/4518","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/users\/41135"}],"replies":[{"embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/comments?post=4518"}],"version-history":[{"count":0,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages\/4518\/revisions"}],"up":[{"embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/pages\/4328"}],"wp:attachment":[{"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/media?parent=4518"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/categories?post=4518"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/tags?post=4518"},{"taxonomy":"state_laws_tags","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/state_laws_tags?post=4518"},{"taxonomy":"flmsa","embeddable":true,"href":"https:\/\/www.findlaw.com\/law-api\/wp-json\/wp\/v2\/flmsa?post=4518"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}