Business law represents a minefield for companies, particularly for small companies, where proprietors have limited staff resources and even less time to stay abreast of frequent changes in employment and business legislation.
From maternity leave to unfair dismissal, from intellectual copyright infringement to legal and taxation issues arising out of selling a privately owned company upon retiring, all companies require help from a lawyer from time to time and most should make use of one far more frequently than they do. Typically, companies contact lawyers when a legal matter has already arisen rather than use legal services in a pro-active and preventative way.
Resources for Companies
There are a few official bodies out there that provide up-to-date resources for companies. For example, in the United Kingdom, the Law Society is the governing body for all lawyers practicing law in Britain. The Society’s website is a great resource for companies who want to stay abreast of changes in commercial law or find a suitable lawyer to deal with a legal issue affecting their business. Here new UK legislation is posted and discussed before it appears practically anywhere else on the internet: https://www.lawsociety.org.uk/practice-areas/company-commercial/
Other countries have similar, sometimes governmental bodies providing invaluable advice as well as directories of recommended lawyers. The Law Society also deals with complaints, offering its own complaints procedure to deal with disputes between lawyer and client. Another useful resource for companies.
What a Lawyer can do for your Business
Right from the outset of starting a business, a multitude of legal issues can arise: from choosing a company name and logo that potentially infringes on an existing company’s copyright on a specific logo and name, to getting standard contracts of employment written up that will protect the company from nasty employment law issues in the future. With a lawyer’s advice, company directors can avoid making basic errors that will haunt their business later on – errors that can potentially result in costly lawsuits or hindrances to trade.