Business Advisory and Business Planning
Every business should have an attorney available to provide legal advice and assist with general business planning. If you are in search of an attorney to advise you on your business, you are probably wondering how you would evaluate whether or not they would be a good fit for your company and could deliver the services you need at a price you’re willing to pay.
Here are 8 things to consider when hiring a business attorney for your company:
2. Talk about fees. Business owners need transparency from professional service providers so they can set and stick to a reasonable budget. Have the money talk with each candidate you are considering. At Satori, we take special care to ensure that your fees are reasonable, and work with you to determine what you are able to pay.
3. Look past the big firms. While there may be a couple of large firms that specialize in serving your industry, hiring a small or medium-sized firm could pay bigger dividends for you down the road – not just in cost savings, but in the time and special attention you will get from more experienced attorneys.
4. Know your legal team. If you only see the partner pitching for your business once – when they are vying to sign you up – you won’t get a true feel for the people who will actually be doing the work. Ask to meet with the attorney or attorneys who will actually be servicing your account before you sign.
5. Find a firm that’s proactive. You want a lawyer who isn’t going to wait for you to call, but has systems in place to regularly monitor how your business is doing, what legal support you may need (before you even know you do) so problems are handled before they even really arise. The Satori legal team is careful to check in on business clients regularly, and are always available for questions and concerns.
6. Ask the right questions. Don’t just call up and ask the easy question “how much do you charge?”, but also the hard questions that should be thoroughly answered before you move forward.
7. Make sure it’s comprehensive. Any business lawyer you are working with should be talking with you about legacy - how your business is positively impacting the world now and what will happen to your business when you are no longer around to manage it.
8. Look for a connection. Your lawyer won’t be much help to you if you can’t understand the advice that he or she is giving you. Be sure the attorney you hire can explain to you in layman’s language the legal issues confronting your business; don’t pay for advice you don’t understand.
To learn more about what a good business lawyer can do for your company, call us today to schedule your business planning consultation. We can help you Share Your Vision through effective and innovative business planning.