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Author Topic: Involve an attorney in your business dealings.  (Read 685 times)
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June 15, 2024, 05:59:42 AM
 #61

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.

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June 16, 2024, 05:41:07 AM
 #62

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.
My cousin's father-in-law owned a pesticide dealership. But left the dealership ten years ago and some money remained with the company. Four years ago a letter came from the police station saying that if the money is not paid, it will go into police custody and the matter will get worse if the money is not paid on time. Within fifteen days the money was paid to the company. So now let's think about the company. All the money he had left in the market will surely come out like this. Again when the company was small no attorney was appointed so the money that was lying in the market did not come up and now the money is almost all coming up.

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June 16, 2024, 08:52:36 AM
 #63

A lot of people make the mistake of signing contracts or making business deals without involving a lawyer, which is not very prudent.

In whatever deal or contract you're getting into, make sure your lawyer is aware of it and make sure he/she has gone through the contract and gives you the go-ahead to sign before you sign, even if you feel you understand the contract very well.
It doesn't matter if it's a start-up, expansion, acquisition, selling of an asset or business, signing for a firm etc. Anything at all that involves you or your business and another party carrying out a business transaction.

Another mistake people make is not defining and understanding the terms of the contract before signing. This is where lawyers come in handy. You're not expected to know every business law, so there are a few details you might miss, details that can be against you in the future. Also, laws differ from region to region, so a law that favours you in your region may be against you in the region where you're doing business.

Some people involved a lawyer when things have already started going south. This is also not wise. Having a lawyer from the beginning may protect you from trouble.
It's okay if you can't afford the most expensive lawyers or firms to represent you or your business, but just make sure whoever you're hiring is competent enough

Quote
Five reasons you should involve your attorney early in your business transactions.

1. To Solve Problems in Advance
2. To Make Due Diligence Easier
3. To Reduce Last-Minute Time Burdens on Your Team
4. Because “Business Terms” are Not Just Business Concerns
5. Because Hiring Them Earlier is Probably Not Going to Cost Any More Than Hiring Them Later
Read more details here
Yeah it's very crucial I mean if you want to make things clear for long term then you have to involve lawyers in it so that they can manage all the legal terms with  your partners. It's not very easy to understand all the term on your own as different business and sector have many complications.

Lawyers are made for this purpose and they'll seve you with the best services of course if you'll hire a good one then only.

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June 16, 2024, 11:07:05 AM
 #64

Hiring an attorney to make the business effective and efficient should be part of a strategic plan. Because the business scope must be considered before appointing an attorney otherwise the business objective will fail to be achieved. Therefore hiring an attorney for a business whose business scope is large and far-reaching will give much better results than other businesses and achieve business objectives as well as making profits faster.
it honestly should be prioritized, having attorney to oversee the legal side of the business is always what's essential helping to see possible catastrophic event of the business having legal problem in the future, pretty much a business without the helps of legal experts most of the time gonna be a hack and there are many implications that get overlooked.

even more so with the dealing of partnership and having contractual legal agreement its even more essential, to ensure that its fair.
but the question is how much should one pay for an attorney to oversee their legal activities though most of the time its gonna be high expense at the end of the day for small business.
inn my opinion if its just simple contract making just learning the basic will be enough.

Don't sign on anything without knowing what's written on the paper for that you need an attorney?

Nope, you can do that on your own and when you think there is something confusing or you didn't understand then seek the professional help but usually if you're running a business you may also have a consultant who are the one to seek in such situations.
honestly access to legal sector is more easier than ever there are so many people offering legal services online not even need to meet them in person, just consult via zoom or something it will suffice.

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June 16, 2024, 01:34:51 PM
 #65

do not forget that in practice there are often cases when the counterparty wants to terminate the contract, make changes to it, avoids fulfilling its obligations.
To minimize risks and protect yourself, it is better to entrust such work to a professional - a lawyer who deals with contracts.

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June 16, 2024, 03:53:57 PM
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 #66

A lot of people make the mistake of signing contracts or making business deals without involving a lawyer, which is not very prudent.

In whatever deal or contract you're getting into, make sure your lawyer is aware of it and make sure he/she has gone through the contract and gives you the go-ahead to sign before you sign, even if you feel you understand the contract very well.
It doesn't matter if it's a start-up, expansion, acquisition, selling of an asset or business, signing for a firm etc. Anything at all that involves you or your business and another party carrying out a business transaction.
I rarely find people using the services of a lawyer in small businesses and most of them actually make a work agreement on a stamp agreement. For a small scale business, a lawyer is not needed at all because you will only spend more money if you use their services. Lawyers are needed when you build a company and make cooperation with large contracts. We also have to measure the level of capital effectiveness when we want to use the services of a lawyer and if the business we run is small, I don't think it is needed.

Every exact contract agreement is in the manuscript and even though we use the services of a lawyer we should also read before signing. Successful people must have accuracy and cannot all be handed over to the lawyer because we also need to know the contents of the agreement. Lawyers will help us solve the problem but do not surrender everything to them if it is related to business.

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June 16, 2024, 06:13:46 PM
 #67

A lot of people make the mistake of signing contracts or making business deals without involving a lawyer, which is not very prudent.

In whatever deal or contract you're getting into, make sure your lawyer is aware of it and make sure he/she has gone through the contract and gives you the go-ahead to sign before you sign, even if you feel you understand the contract very well.
It doesn't matter if it's a start-up, expansion, acquisition, selling of an asset or business, signing for a firm etc. Anything at all that involves you or your business and another party carrying out a business transaction.
I rarely find people using the services of a lawyer in small businesses and most of them actually make a work agreement on a stamp agreement. For a small scale business, a lawyer is not needed at all because you will only spend more money if you use their services. Lawyers are needed when you build a company and make cooperation with large contracts. We also have to measure the level of capital effectiveness when we want to use the services of a lawyer and if the business we run is small, I don't think it is needed.

Every exact contract agreement is in the manuscript and even though we use the services of a lawyer we should also read before signing. Successful people must have accuracy and cannot all be handed over to the lawyer because we also need to know the contents of the agreement. Lawyers will help us solve the problem but do not surrender everything to them if it is related to business.
Maybe this really depends on what type of business you are developing. Certain business scales and business ideas may require the help of such services, but not most small-scale businesses. In fact, I very rarely find my relatives or friends who use services like that to manage their business whose turnover reaches tens of thousands of dollars per month.

Whatever it is, prevention may be better than cure, but in business terms there are certainly reasons to hire them in the first place or not need them at all. I tend to like agreements signed on stamp duty for businesses that involve several team members. Of course this is about small businesses.

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June 16, 2024, 11:58:44 PM
 #68

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.
Exactly. Having an attorney is a must most especially when it involves with money and wealth. As it's hard to trust anyone these days concerning money, then it's best to hire an attorney first and foremost to avoid future problems that may arise with your dealings or business transactions. Also, dealing a business transaction with the presence of an attorney, not only everything will be put in legal, but it will also help you aware and your client become aware of your rights and duties as business partners and not to cross against with it.

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June 17, 2024, 05:49:02 AM
 #69

I agree that a lawyer is very important whenever there is money involved, it is better to pay a lawyer and protect ourselves from some future costs that can be very serious. When we look at it that way, it is not expensive to pay a lawyer.

But what I learned in my life, unfortunately when it was too late, is that there are also many bad lawyers who do not know how to do their job. I bought a plot of land, the lawyer drew up a contract that was later notarized, and I paid all of it handsomely so that everything would be fine... but it was not fine, the lawyer did not do his job properly, the court process has been going on for 3 years (which costs extra) to prove who the plot should belong to. I'm probably going to lose, and all because of a stupid lawyer. So a lawyer is needed, but you should choose a good lawyer and not just any lawyer.

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June 19, 2024, 01:08:40 PM
 #70

Maybe this really depends on what type of business you are developing. Certain business scales and business ideas may require the help of such services, but not most small-scale businesses. In fact, I very rarely find my relatives or friends who use services like that to manage their business whose turnover reaches tens of thousands of dollars per month.

Whatever it is, prevention may be better than cure, but in business terms there are certainly reasons to hire them in the first place or not need them at all. I tend to like agreements signed on stamp duty for businesses that involve several team members. Of course this is about small businesses.
In my area in particular, it is very rare to find business people who use such services, such as shops that sell building materials with an average capital of over one billion and they even work with suppliers of goods with a fairly large amount of capital. For certain types, such services are indeed needed, but it also depends on the area where we live. Because as far as I have seen, I have never found a business person who uses the services of a lawyer for his needs for the business that is run in the area where I live.

Agreements on stamps are common in my area and this also applies to banking with certain agreement clauses stated in the agreement. In terms of business, we use our own capital so we don't really need the services of a lawyer for any needs because every business actor must have insured their business with the aim of protecting their when a disaster, fire or other incident occurs

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June 20, 2024, 06:37:33 PM
 #71

Involving an attorney in a business transaction is as important as the business itself. sometimes naive people usually include some terms and conditions that are not good for you in a business intentionally to defraud you without your notice. some might even include some terms that you could be convicted for if eventually the transaction goes wrong that is why it's good to have a lawyer by your side to take actions that are necessary.

A simple step can save you from some trouble even though it might be some how expensive.
Why would someone in his right sense sign a document without reading at the terms and conditions, i know it may seem rare but it literally happens in the society. And at the end of the day they will accuse the other person for defrauding them when they were ignorant of reading what the document contains. The purpose of signing a contract or document for a business is because you and the other/organization needs to be speaking the same mind and have come to the same agreement. Which is a must that you read the document and if you do not agree with what it conveys then dont sign until an agreement has been made and written with ink on paper.

Another mistake that usually lead people into trouble is the fact that they refuse to take a copy of the agreement immediately, which is risky. Dont forge that is is paper and ink they could make changes to it if you do no have an original document for yourself. Evil does manipulate signatures and a lot of things these days using modern technology so we shouldn't fall victim of such mistake. I just feel that some people really need to here this i just said.

People sometimes act carelessly or do not take into account the possibility that people they trust may deceive them. The emergence of the legal profession is a result of such events. Everyone should know their rights and freedoms, but in some cases they may not know their rights. Not knowing their rights can cause them to be deceived. It may be necessary to read every document and every contract and ask for the problematic ones to be changed or choose not to sign them.

No matter what job you do, it is very important to know your rights. If you don't know your rights, a lawyer can always help. Since lawyer fees are very high in some countries, people try to solve their problems with their own means. Whether the business is large or small, it is necessary to pay attention to many legal issues.

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June 20, 2024, 10:07:48 PM
 #72

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.
Whatever attempt that you want to be legalized, then having an attorney is the key. That’s their purpose why they exist. If you want to ensure that your business transaction won’t end up with a scam, then there should be an attorney that will prevent that from happening. Otherwise, if you only rely on the contract without due legality, and without no reliable witness in front of a lawyer or an attorney, that contract would be meaningless and   valueless.

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June 22, 2024, 05:29:54 PM
 #73

Hiring an attorney to make the business effective and efficient should be part of a strategic plan. Because the business scope must be considered before appointing an attorney otherwise the business objective will fail to be achieved. Therefore hiring an attorney for a business whose business scope is large and far-reaching will give much better results than other businesses and achieve business objectives as well as making profits faster.
it honestly should be prioritized, having attorney to oversee the legal side of the business is always what's essential helping to see possible catastrophic event of the business having legal problem in the future, pretty much a business without the helps of legal experts most of the time gonna be a hack and there are many implications that get overlooked.

even more so with the dealing of partnership and having contractual legal agreement its even more essential, to ensure that its fair.
but the question is how much should one pay for an attorney to oversee their legal activities though most of the time its gonna be high expense at the end of the day for small business.
inn my opinion if its just simple contract making just learning the basic will be enough.

Don't sign on anything without knowing what's written on the paper for that you need an attorney?

Nope, you can do that on your own and when you think there is something confusing or you didn't understand then seek the professional help but usually if you're running a business you may also have a consultant who are the one to seek in such situations.
honestly access to legal sector is more easier than ever there are so many people offering legal services online not even need to meet them in person, just consult via zoom or something it will suffice.
Yes it is very reasonable and timely to hire an attorney considering the scope of the business. Because hiring an attorney can be a costly affair for a relatively small business, there are solutions as clearly demonstrated by your attitude that it is important to have a virtual attorney or legal counsel that will help the business provide full benefits.

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June 22, 2024, 06:11:08 PM
 #74

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.
Whatever attempt that you want to be legalized, then having an attorney is the key. That’s their purpose why they exist. If you want to ensure that your business transaction won’t end up with a scam, then there should be an attorney that will prevent that from happening. Otherwise, if you only rely on the contract without due legality, and without no reliable witness in front of a lawyer or an attorney, that contract would be meaningless and   valueless.
In general, we must be able to determine the right lawyer, taking into account his work reputation and also his honorarium. Usually lawyers who have expertise in the business sector are paid quite expensively, this is in accordance with the level of difficulty and benefits that we can get by using their services. Usually the presence of a lawyer in business matters is temporary, for example when someone needs a solution to a legal problem, after the problem is resolved the contract with the lawyer will also be completed. However, there are also long term ones, such as personal or corporate lawyers, which is paid to always be by our side.

I think the main purpose of involving lawyers in business matters is to avoid the risk of losses arising from regulations. The lawyer expertise can see legal loopholes that can benefit and protect the business. I think one of the highest paid professions today is business lawyers, that's according to their skills. Meanwhile, it would be very good if a businessman learns about the legal policies of a place, because this can provide an idea for determining the right lawyer.

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June 23, 2024, 07:26:37 PM
 #75

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.
Whatever attempt that you want to be legalized, then having an attorney is the key. That’s their purpose why they exist. If you want to ensure that your business transaction won’t end up with a scam, then there should be an attorney that will prevent that from happening. Otherwise, if you only rely on the contract without due legality, and without no reliable witness in front of a lawyer or an attorney, that contract would be meaningless and   valueless.
In general, we must be able to determine the right lawyer, taking into account his work reputation and also his honorarium. Usually lawyers who have expertise in the business sector are paid quite expensively, this is in accordance with the level of difficulty and benefits that we can get by using their services. Usually the presence of a lawyer in business matters is temporary, for example when someone needs a solution to a legal problem, after the problem is resolved the contract with the lawyer will also be completed. However, there are also long term ones, such as personal or corporate lawyers, which is paid to always be by our side.

I think the main purpose of involving lawyers in business matters is to avoid the risk of losses arising from regulations. The lawyer expertise can see legal loopholes that can benefit and protect the business. I think one of the highest paid professions today is business lawyers, that's according to their skills. Meanwhile, it would be very good if a businessman learns about the legal policies of a place, because this can provide an idea for determining the right lawyer.
I think Advocate or attorney are dangerous in all aspects. Because their fee are very high and small business owner can't bear this and only big business owners like factory owners can afford Advocate in business dealing. I suggest  every small business to do research online and get the knowledge of laws because knowledge of Law is very important in life and small business owner will be in trouble if they will higher best advocate.

But they are safe if you are multi business owner and you have not enough time to study the law of country and should have excessive amount of money and you want your employee who will advice you when you are concerning with business.

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June 24, 2024, 08:16:32 AM
 #76


I think Advocate or attorney are dangerous in all aspects. Because their fee are very high and small business owner can't bear this and only big business owners like factory owners can afford Advocate in business dealing. I suggest  every small business to do research online and get the knowledge of laws because knowledge of Law is very important in life and small business owner will be in trouble if they will higher best advocate.

But they are safe if you are multi business owner and you have not enough time to study the law of country and should have excessive amount of money and you want your employee who will advice you when you are concerning with business.

when we stumble upon legal problems, it is difficult for us to sort it all out, even though we are right there are many things that are difficult for us to explain,we need the support of advocates or lawyers to win the problems we face, or provide advice on defense through legal channels to the court process, even so we need to spend a lot Finances depend to a large extent on the severity of the legal case we are undergoing, but actually we can resolve our own case much better by seeking help from friends and family,that was what needed to be done for that moment.

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June 24, 2024, 08:59:01 AM
 #77

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.

A lot of people don't take things seriously and that is why they get themselves into problems they can not defend, as a business person you don't need a lawyer to protect cases alone but also for advice to know the right steps to take sometimes, their folks that might think they are doing the right thing until they get in touch with a lawyer then that way they will be able to know that they are breaking the law and even before any establishment.  because the business you want to establish needs to submit some documents to get approval, especially in industries where there are policies so an EIA report must be submitted. and when you also making deals lawyers can be available for proper briefing and documentation of the contract. in case there is any violation of the contract you can sue the person in court with a piece of clear evidence, to be able to nail the person before people preferred to do a verbal contract but now people are becoming smarter than that and are going for a signed paper contract that way they can be able to document it.

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June 24, 2024, 12:20:51 PM
 #78

Yes involving an attorney in your business dealings is generally a good idea. Attorneys can provide valuable legal advice & guidance to help you navigate complex legal issues & ensure that your business is compliant with laws & regulations. They can review contracts, negotiate deals & protect your interests in legal disputes. By having an attorney on your side you can minimise potential risks, make informed decisions & safeguard your business from legal pitfalls. The need for an attorney may vary depending on the nature & size of your business dealings.
Whatever attempt that you want to be legalized, then having an attorney is the key. That’s their purpose why they exist. If you want to ensure that your business transaction won’t end up with a scam, then there should be an attorney that will prevent that from happening. Otherwise, if you only rely on the contract without due legality, and without no reliable witness in front of a lawyer or an attorney, that contract would be meaningless and   valueless.
The role of a lawyer in a business is important, especially since the business being run is a large business that involves many people and may even collaborate with other large companies, so the role of lawyers here is really needed to ensure legal certainty. The reason is that when it comes to business, this is something that I think is sensitive, because in a business there are no such things as friends, family and others. When you do business and something gets stuck, it doesn't matter if it's family or not, because business is business.

It may be true that everything is fine, the lawyer will probably just give legal advice and such, and that is sometimes underestimated. However, when there is a problem, a lawyer will definitely be at the front to solve it. So don't let us realize that when the problem comes, it would be better to prepare everything before something unexpected happens.

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jrrsparkles
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June 24, 2024, 04:34:44 PM
 #79

Don't sign on anything without knowing what's written on the paper for that you need an attorney?

Nope, you can do that on your own and when you think there is something confusing or you didn't understand then seek the professional help but usually if you're running a business you may also have a consultant who are the one to seek in such situations.
honestly access to legal sector is more easier than ever there are so many people offering legal services online not even need to meet them in person, just consult via zoom or something it will suffice.

I meant to say we don't need an attorney, sorry for the typo.

Online consultation is convenient but I will not trust them that much because we can't even find their authenticity or they even an attorney or just a con artist?

But google reviews can help them to identify so they can be useful for one time hing but for long term prefer someone from your town who may know things well than someone from different part of state/country.









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Mars,           
here we come!
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.
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happen or be a part of it"

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