When should you hire a lawyer? Hiring a lawyer is not an extravagant expense but a cost saving one.
What you should do before hiring your lawyer:
- Know your needs
- Would you prefer to go to court or stay courteous?
- Trust your lawyer
- Do they take the time to teach you about the legal context of your business?
- Know your needs
- Do they have other clients in the same industry than yours?
- If you are a designer startup you may need an intellectual property lawyer or a lawyer familiar with your industry.
- Know where to look for a lawyer.
To prepare when you draft your contract:
Most startup hire a lawyer only when their hands and feet are tied. You don’t need a lawyer for each step o but you should hire one for each step you are not accustomed to.
- Each decision might imply legal consequences
- You might avoid going to court if your contract is well written. You will know what your duties are and thus will not be in breach of contract – a clear notice timeline in your employee contracts avoid misunderstanding.
How to resolve an issue
It depends which cure you choose for resolve the dispute.
Hiring a lawyer is not mandatory. The decision is not a binding one. The mediation rules are simple.You don’t need direct lawyer participation. Nonetheless a mediation lawyer might be useful before beginning the process to understand all your options.
It is not mandatory but do not forget that arbitration decision will be a binding one.It would be a wise choice if there is more at stake than the lawyer will cost.
It is the most usual time to hire a lawyer. Once the dispute already occurs and go to court you should hire a lawyer for sure. Its role will be to minimize your cost – attorney fees, court cost.
You should hire a lawyer each time you try to do something you are not familiar to and whose consequences is costly. An ounce of prevention is worth a pound of the cure!
I hope this helps! If you’re unsure about the legal advice that you or your startup require, we offer a Free Legal Session We’ll talk you through your needs and answer the questions you may have. Book a session here.