New London, CT Business Lawyer
Business Lawyer New London, CT
Once you have committed to launching a company that centers on a product or service you’re passionate about, you should speak to an experienced business lawyer that New London, CT residents trust and admire to be informed about your next steps. It can be challenging to keep track of the many requirements for forming a new business, so talk to an experienced lawyer who knows how to help their clients, whether they are first-time business owners or seasoned entrepreneurs. If unforeseen legal issues arrive you will want to fix them before they worsen and become threats to your business. You don’t want to risk starting your company off poorly by not taking the right preparations. Speak to an established business lawyer like one from Eric Lindh Foster Law, LLC if you need assistance regarding recommendations to protect your business and discuss effective development strategies.
Business Lawyer in New London, CT
Opening a new business is an exciting experience, but making sure it goes smoothly involves a lot of careful planning. You need to make sure your checklist is complete before you begin. You need to have all the right forms filled out, your business plan is set, you are in compliance with federal and state law, and much more. To ensure that your business launch is a success, hiring a skilled business lawyer can put your mind at ease and take some of the stress away.
Many new business owners often ask if working with a lawyer is really necessary. Obtaining the help of a top lawyer is highly recommended for many reasons. With professional legal assistance, you are provided with consistent legal support for various topics and issues, at every stage of your business development. We will help you start your business off on the right foot to potentially avoid issues in the future, as well as monitor it at every stage. Here are several things a respected and skilled business lawyer can help you with:
- Educating you about business and commercial law
- Developing a detailed business plan
- Drafting contracts for clients
- Creating and updating agreements
- Reviewing your paperwork for accurate information
- Applying for permits and licenses
- Registering a copyright or trademark
- Handling infringements of intellectual property
- Resolving threats of a lawsuit against your business
- Proposing solutions for disputes
- Negotiating sales or purchases
There are countless things that a business lawyer can do for your company. A lawyer can do much more for you than give you legal advice. They can give detailed guidance on how to approach certain topics and situations you can expect to deal with. Preparing a plan before an issue comes up is better than scrambling for solutions at the last minute. By working with a business lawyer, you can specify your needs and establish the steps that should be taken for each type of scenario that occurs. If you have questions or something weighing on your mind, you should contact a business lawyer in Connecticut to set up a consultation.
Types of Business Formation
One of the biggest decisions for new business owners is determining what type of business formation is best for you. A business formation lawyer that New London, Connecticut residents depend on for their legal services has experience handling many cases. The main different business formation types include sole proprietorship, limited partnership, limited liability company (LLC), S-corporation, N-corporation, and non-stock corporation. Each type has its set of pros and cons, so identify the specific priorities and needs pertaining to your company’s growth and development in order to decide how you want it to be structured. If you are having trouble determining which formation type you should create your business under, it is highly advised that you first seek legal assistance from a lawyer. They can explain the advantages and disadvantages of each business formation type so that you can figure out what the best plan is for you and your company.
Choosing how you want to structure your business can be a long process. You need to establish your goals and business model carefully, so don’t rush your decision for the sake of committing to one. It can be harder to switch to a different business type at a later stage in business development. There are many pros and cons to consider, and you don’t want to end up regretting your decision. If you still need help or have questions, talk to a reputable business lawyer about what business formation type is best for your company.
Establishing a New Business
Figuring out how you want to set up your newly formed business early can help save you time and make the rest of your process easier to complete. How big of a role do you want to assume in your business? Are you going to be an employee or a shareholder? These are types of questions that you want to be asking yourself as your business is established.
Purchasing and Selling Your Business
There may be a time when you decide that you want to expand your business through purchasing other businesses or want to sell your business. You need to know the nature of the transaction, such as whether your transaction involves assets or stocks. A lawyer can guide you through the process and help you determine if you want the company itself, or if the transaction should include other assets and accounts attached to it.
If you want to sell your business, a business lawyer can assist you through the process as well. A lawyer can go through any issues or liabilities that need to be addressed before moving forward with the sale. They will make sure you have all the necessary forms complete, and guide you through each step so that your sale can be valid.
Why Do You Need a Business Lawyer?
It is important to protect your business from people who may try to hurt it. Whether someone tries to steal your ideas, money from your company, or ruin your reputation, a skilled business lawyer in Connecticut from Eric Lindh Foster Law, LLC will be able to help you figure out how to move forward. At the beginning of meeting you, we will do our best to protect your business. This may involve creating patents, trademarks, or copyrights to protect proprietary information and inventions. It will make it so that others cannot copy what makes your business unique.
By working with us right in the beginning, you are creating as many protections as possible to hopefully avoid a headache in the future. Having multiple lawyers of protections can prevent issues concerning your intellectual property and business agreements from happening in the first place. If you have any questions or uncertainties about how protections should be put in place, we can suggest solutions. We will take care of any issues that arise while we are working with you so that you can focus on your business. Contact us soon so that we can make your life easier and take care of the legal aspects of your business.
Legal Assistance from a Top Attorney Is Available
When you’ve done the difficult work of taking the initial steps to start your business, it’s important that you also make sure that you do the preparations to avoid running into conflicts that may impact your business. While business owners are capable of handling minor issues on their own, more complex issues such as complaints, disputes or negotiations may need to be handled by a lawyer. This is why it is important to always have a good business formation lawyer on your side. It will allow you to have someone to turn to quickly as conflicts arise. Your lawyer will also already have all of the information about your own business so they do not have to go over everything all over again. Having a consistent lawyer will save you time and eventually money. Contact a reputable business formation lawyer that New London, CT residents trust by scheduling a free initial case evaluation. The lawyers at Eric Lindh Foster Law, LLC will be patient and happy to answer any questions you might have about hiring a business lawyer. We can go over different options of how we might be able to help you. Don’t hesitate to reach out to set up the free consultation! The sooner you hire a lawyer the better protected your business will be.
3 Questions to Ask a Business Lawyer
If you are interested in starting a business, you might have some questions. Unless you are well-versed in legal terms, there are probably some legal questions concerning business that an attorney could answer. A business lawyer in New London, CT from Eric Lindh Foster Law, LLC, can assist with a new business or operating a current business. It is essential to start a company legally and work within the law. Here are three questions to ask an attorney when starting an organization.
What Structure Should I Choose?
Structuring your business correctly and legally is essential to running a company. There are several structures you might want to consider. Depending on your needs, one will be better than others. You might choose a sole proprietorship, a limited liability corporation, or a different organizational structure.
If you decide not to form a formal business, you leave yourself vulnerable to liability. A corporation or LLC can reduce these chances, and you won’t have to risk your assets. An attorney can help you decide what is best for your business.
What Contracts Do I Need?
When you form a business with multiple people, clearly written contracts are essential. A business lawyer in New London, CT, can help with this. To avoid miscommunication and other issues, have an attorney from Eric Lindh Foster Law, LLC, write up contracts and explain legal terms. You might need contracts for employment relationships, leases, or other transactions. You can also use contracts to protect confidential information. An attorney should draft and look over any contracts to suggest potential adjustments or changes.
How Can I Make Sure My Intellectual Property Is Protected?
Logos, slogans, and other identifying marks are all intellectual property that you should protect. There are steps you can take to ensure your property and ideas are safe, like registering a trademark at the Patent and Trademark Office. A business lawyer in New London, CT, can assist with trademark registration. If you have invented something, you might wish to apply for a patent. For these, you will need a patent lawyer.
Starting a business can sometimes be challenging. There are many questions you can ask a business lawyer. These three are common and can be a guide for more in-depth questions. If you are in business or attempting to start one, a lawyer from Eric Lindh Foster Law, LLC, can assist you with any potential questions you have.
3 Situations When It’s Crucial To Contact Your Business Lawyer
Hiring a professional business lawyer in New London, CT when you are starting your business can help you avoid serious legal issues in the future. Sometimes though, despite your best efforts, situations may arise that have the potential for serious legal ramifications. Here are a few of the most common.
Great employees are essential to any business’s success, but legal issues between a business and its workers are some of the most common situations in which you will need to call on your business lawyer in New London, CT. Employees can bring legal action against a business for a variety of reasons including:
- Wage disputes
- Harassment claims
- Discrimination allegations
- Termination issues
- Workplace injuries
The lawyers at Eric Lindh Foster Law, LLC can help you establish a sound legal framework for your business that will invalidate many of these cases before they go into litigation. For those instances where a claim does end up in the courtroom, your business lawyer will help you navigate the complex legal issues.
It is not uncommon for a disgruntled customer or client to threaten to sue a business, but when it happens you should contact your business lawyer immediately to determine if the threat is a plausible one. The customer who wants to sue you because he or she had to wait in line for 15 minutes is most likely of little concern; the customer who took a bad fall in your bathroom can be a serious legal issue. Likewise, even baseless accusations of discrimination or harassment from a customer must be taken seriously and dealt with swiftly and professionally.
One of the most common legal issues that you are likely to face when dealing with other businesses will be some form of breach of contract. This will apply to any situation in which another business states that they had an agreement or contract with you that you have not complied with. This could include payment issues, product quality problems, or a failure to deliver goods. Even when these claims are false, it is crucial to contact your business lawyer in New London, CT right away to avoid reputational damage.
Less common are accusations of intellectual property infringement. This is when another business or individual claims that you have used their intellectual property in the development of your product, business, marketing or advertising. Although not common, these types of suits can have devastating effects on a business if they succeed. Intellectual property infringement cases are notoriously difficult to both litigate or defend and you will need to contact your team at Eric Lindh Foster Law, LLC right away.
Free Initial Case Assessment
We provide an initial case assessment which is conducted free of charge so we can understand your unique situation and evaluate whether our legal services might be right for you. Reach out to Eric Lindh Foster Law, LLC to speak with one of the business lawyers in New London, Connecticut today. We will be happy to go over details of your business and suggest some ideas that will be helpful for your business. Do not hesitate. You never know when you may need a lawyer to represent you or help with paperwork. We can handle all of the legal aspects of your business so you can focus on the things that make you an expert in your field. Call our law firm today to get started.