When to Hire a Small Business Solicitor

When you’re running your own business, you tend to spend most of your time focused on the nitty-gritty – marketing, hiring, and serving customers. It’s not uncommon for legal concerns to take a back seat, which can put your business at risk of litigation or worse.

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That’s why it’s important to know when it’s time to seek out a small business solicitor. Although you may be able to cover certain issues without an attorney, it’s often worth the cost to invest in a legal representative early on to help prevent problems from spiraling out of control.

There are several types of small business lawyers that specialize in different areas. Generally, a small business lawyer focuses on general business issues, including drafting contracts and developing internal business policies unique to your company. A labor lawyer, for example, can be helpful in ensuring that you’re following state and federal laws regarding employee wages, benefits, and workplace safety.

When choosing a lawyer, you want to choose one with the right experience in your industry and for your business size. It’s also important to find a lawyer that charges a fair hourly rate, which can range from $150 per hour for junior lawyers up to $1,000 per hour at large law firms in major cities. Look for attorneys who offer a flat rate fee or a monthly fee structure so you can avoid unexpected expenses. Also, check for writing samples and case histories before making a decision.