Ideally, a portion of your business plan will be dedicated to considering the types of legal issues that your Pennsylvania company might encounter. This will make it easier to determine when you need to hire a lawyer to help represent the company’s interests. Depending on how you want to structure the organization, it may be necessary to hire legal counsel before it is officially in business.
An attorney may help draft and submit organization documents
If you’re planning on operating your business as a partnership, limited liability company or corporation, you will typically need to submit paperwork to the state. Furthermore, if the company operates as a partnership, it may be a good idea to create a separate partnership agreement. Although that agreement doesn’t need to be reviewed by state officials, it is generally considered to be a binding document. Your business law attorney may draft, review or submit all relevant paperwork that your firm might need to operate in a legal and efficient manner.
You should have an attorney handle trademark or patent infringement cases
There is a chance that another person or entity will try to steal your company’s intellectual property. If that happens, an attorney may be able to get that party to cease and desist in a timely manner. In many cases, those who are engaged in unethical activities are more likely to respond to an attorney as opposed to a business owner.
If you’re a business owner, there is a chance that you’ll be named in a lawsuit or be a party to some type of dispute. An attorney may be able to help resolve a dispute in a timely and favorable manner.