A Closer Look Into Rostron Carlyle – The Brisbane Law Firm

Law is a system of rules that are created and enforced through social or governmental institutions to regulate behaviour, says Wikipedia, and that includes businesses. If you are planning on starting a new business, doing so without the guidance of legal counsel can be the biggest mistake you can ever make. If you don’t already have a lawyer representing you, you should obtain the services of a business lawyer who is well versed and experienced especially with regard to corporate matters and start-up ventures.

If you are planning to start a new venture, a business lawyer with expertise and experience all of the fields affecting your business–such as labour or employment law, tax law, real estate law, banking and finance or intellectual property–would be your best bet. A business lawyer also helps you if you find yourself with a serious legal problem in the course of your business. A business lawyer helps in many areas from making business decisions to handling serious problems such as an injury caused by your product or an investigation by the SEC. If an inexperienced person handles these cases, he or she might cause serious harm to your business. Business lawyers play a critical role in several business activities, such as legal obligations and implications. If you are engaging in real estate acquisitions and dispositions, it is important to consult a business attorney. A business attorney can assist you with contractual drafting and negotiations as well as the acquisition and disposition of assets during a restructuring process. Thus, in every step of your business, right from setting up the venture to running it successfully, you need a business lawyer to help you take right decisions to run your business successfully without legal complications.

federal law report navy blue law books stacked neatly in a mahogoney shelf

Finding a lawyer depends upon the state where you are running or planning to run a business. Since each state has its own code of law, it would be a wise decision on your part to hire the services of a local lawyer well acquainted with the ins and outs of business law in the state.

Business lawyers and attorneys can advise you on how to properly structure your business, (be it through a sole proprietorship, partnership, joint venture, corporation), on how to deal with disputes that may have arisen during the course of your business operations, or on how to dissolve the business. With respect to the latter, it is worth mentioning that I have and am dealing with a number of business dissolutions here in Toronto (it may be the poor economic times?). There are a number of issues which come up which you may not realise (i.e. unless you’re a lawyer and you are trained on and deal with these things regularly). Typically, these issues include:

* Division of business assets.

* Responsibility for business liabilities – particularly the lease, supplier agreements, employment agreements, and tax obligations.

* Preparing the necessary paperwork (e.g. bookkeeping, taxes, government forms) to dissolve the business.

* Ensuring compliance with the business’ internal documents (e.g. partnership agreement, corporate by-laws and resolutions, shareholder agreements, and articles of incorporation, etc.).

* Informing customers (both past and present), employees, and other stakeholders of what is happening with the business.

a 3D image of a pair of justice scales and a gavel and mallet

At the end of the day, you will likely need a number of documents and agreements prepared by a business lawyer in order to help oversee the business dissolution. For example, you should have a lawyer explain the various options and then draft some type of dissolution agreement for all the parties to sign off on. Next, you may need your lawyer to draft and/or negotiate terminate and release of liability agreements for landlords and suppliers, etc. Finally, your lawyer may be called upon to prepare the government forms to submit in order to dissolve the corporation. Finally, if business partners take issue with and dispute the steps along the way towards dissolution, then lawyers may be also called upon to try to negotiate a settlement or resolve the issues through litigation.

In any event, you should definitely consult a business lawyer before trying to do any of these things yourself. Doing so will save you time, money and aggravation in the long run and make sure that your rights are protected and your interests are advanced.

the scales of justice with the silhoutte of a male behind it from the shoulders up

Business lawyers and attorneys can also help you understand your legal rights and obligations with respect to your business. They can tell you if a particular course of action could be challenged by (1) breaching a private contract, (2) giving rise to a possible tort liability, and/or (3) violating a statute or regulation established by the government.

 

To run a business in a state like Rostron Carlyle, which has strict business laws and norms, it is always safe to hire a well-experienced Rostron Carlyle lawyers. Hiring an efficient lawyer is no easy task. It’s always good to seek references from relatives or friends, who can comment on the lawyer’s track record and capability. Seeking a reference through the state bar of Rostron Carlyle is also a good idea. Setting or running a business venture is no easy game, so take the first right step by hiring the right lawyer, to move ahead towards growth and success.