Business Lawyers in PHILADELPHIA
Business law, also called commercial law, is the group of laws that deal with the creation or purchase of new businesses, the ongoing operations and management of businesses, and the selling or dissolution of businesses.
Business law also covers the interaction between businesses and the public.
Types of Business Lawyers in PHILADELPHIA
Business law covers so many diverse areas of running a business, that there is a pretty large variety of type of business lawyer. Some of the business lawyers in PHILADELPHIA can include lawyers who specialize in any of the following areas.
• Trusts and estates
• Securities laws
• Real Estate law
• Labor law
• Patent law
• Tax law
• Bankruptcy law
• Consumer law
What type of lawyer do you need?
Determining which type of business lawyer in PHILADELPHIA you will need to retain can be done by determining your needs. Are you starting a new business? Are you facing a lawsuit? Are you changing the framework of your business? Is your business growing? Any and all of these questions will help you determine the type specialization your lawyer needs.
All too often, a business doesn’t retain a lawyer until it needs one, and then it is too late.
Business lawyers in PHILADELPHIA can help you establish and maintain your business in professional and legal ways that avoid the potential to need a business lawyer later. And in the unfortunate event that you do need a lawyer later, having one who is familiar with your business will be better than one who knows nothing about you or your business.
5 Questions to ask before hiring a business lawyer in PHILADELPHIA
How much experience do you have in my industry?
Just because a business lawyer in PHILADELPHIA has experience in one industry doesn’t mean they will know much about yours. There are so many different industries with different sets of governing rules, it is most useful to find a lawyer with experience in your specific industry.
Do you have any clients that might have a conflict with me or my business?
Avoiding a potential conflict of interest later is essential when looking for a business lawyer in PHILADELPHIA
What is your approach to resolving conflict?
Is the business lawyer you are considering prone to mediation or litigation? Which would you prefer? If you think you would never settle a case out of court, then choosing a business lawyer in PHILADELPHIA who prefers settlement over trial could be contentious.
How often can I expect to hear from you and how will you communicate with me?
Circumstances change, but you want to get a good feel for how best to reach out to your business lawyer in PHILADELPHIA when you have questions, need advice, or would like to make an appointment.
How do you charge for your service?
Some business attorneys charge a flat rate for a particular service, most others charge by the hour. Be sure to ask if your potential business lawyer in PHILADELPHIA bills in partial hour increments or only full hours. Ask if there are additional fees for paralegal services or courier services. Try to avoid being shocked by your bill by learning in advance how the billing is done.