Corporate solicitors use their knowledge and expertise in corporate law to offer legal services to businesses.
Rather than representing an individual, a corporate solicitor represents the company’s interests. They can advise business owners on their legal rights and obligations and ensure that a company operates within the law.
There are many reasons why you might need to hire a corporate solicitor for your business.
Corporate solicitors can offer legal advice about a wide range of issues that affect any business, from your company’s structure to its tax obligations and they can also offer support with more complex issues that are highly specific to your business.
A corporate solicitor can be essential in protecting your business interests. They can help you draw up and negotiate contracts, ensure the protection of your intellectual property (IP) and manage the due diligence process if you’re buying or selling a business.
Corporate solicitors are able to help you resolve disputes that arise both inside and outside of the company in a way that protects your business interests and minimises disruption.
Perhaps one of the most obvious benefits of hiring a corporate solicitor is that they’re qualified to represent your business during the litigation process. This means they can defend your business in court if necessary or pursue legal action on behalf of your business.
If your business needs legal help, here’s how to choose a corporate solicitor.
Don’t wait until you need a corporate solicitor to begin researching who they are and what they can offer. The better prepared and informed you are, the easier it will be to find the right corporate solicitor for you, and the sooner your business will have legal support on hand.
Understanding what you require from your corporate solicitor will make it easier to identify those who can meet your needs. Make a list of your requirements and expectations. Depending on your budget, it can be a good idea to place these in order of priority so you know where your key focus needs to be when choosing a corporate solicitor.
Corporate law is a vast and complex field, so you want to be sure that the solicitor you choose is an expert in the specific area in which you need legal help and advice. When researching corporate solicitors, find out their specific area of expertise and make sure it matches the requirements you set out above.
Ideally, you want a corporate solicitor who has experience in handling cases similar to yours and is confident they can deliver the best possible outcome for your business.
Corporate solicitors should have had full legal training. They will have a recognised qualification, such as a law degree or graduate diploma in law, and they should be registered with the Solicitors Regulation Authority and the Law Society.
You may also want to look for specific post-qualification experience working in a firm that handles corporate law or evidence of further training and study that demonstrates a commitment to professional development.
Reputation is key when choosing a corporate solicitor for your business. You should check out the legal firm’s practice history and track record and seek out reviews from current or former clients. You should also ask around for recommendations, particularly from family or friends who have engaged the services of a corporate solicitor or from business associates whose opinions you trust.
Every business is individual and as a business owner, you’ll have your own preferences that you’ll want to take into account when you choose a corporate solicitor to work with. For example, is it important to you that your corporate solicitor is based in the local area? What is your budget and how does this match with your chosen solicitor’s fees? What kind of payment terms would you prefer? And do you have a preference for working with a smaller or larger legal firm?
If your business needs legal advice or support, Blacks Legal can help.
With a wealth of experience in corporate law, our team of specialist solicitors can help you navigate the legalities of owning and running a business, and offer support with a wide range of corporate issues.
Regardless of your industry or business size, we’re confident that we can exceed your expectations and deliver the best possible outcome for your business interests.
Get in touch to find out more or to discuss how Blacks Legal can help your business.