Taking a wrong step legally could be devastating for any business, particularly a small or medium business. Whereas huge companies have the resources to protect themselves against almost anything, a relatively small mistake for a smaller business could mean losing a lot of money and taking a hit to their reputation. Hiring a commercial lawyer can help to protect a business in many ways, from assistance with contracts to employment law advice.
Business owners will have a better understanding of the law when they hire a commercial lawyer, making it easier to navigate the legal landscape of running a business. We are commercial lawyers based in Bondi Junction (but accessible everywhere). Lazarus Legal is here to help businesses looking for legal advice and support.
Here are some of our top reasons why you might want to consider hiring a commercial lawyer.
1. Experts in Commercial Litigation and Business Law
As a business owner, you can’t possibly know everything. You can learn a little about a range of topics, which can help you work with experts in various fields, but you need to concentrate on growing and supporting your business. The area of law is one where you likely don’t know much, apart from a few key points of legislation. In fact, it would be pretty difficult for you to learn all there is to know about commercial and business law. But our commercial lawyers have spent years educating themselves, honing their knowledge, and keeping up to date with any changes.
Commercial lawyers know the ins and outs of business law and litigation. They are there not only to assist you if you think you might be in trouble but also to protect you from making any mistakes in the first place. Advice from a legal expert is invaluable to your business, allowing you to make smart decisions about employment, investments, starting or buying a new business, and much more. You don’t have the time or the expertise to take care of every legal issue yourself. Let the experts handle it and you can make sure you always make the most sensible choices.
2. Commercial Lawyers Focus on Protecting You and Your Interests
When you hire a business lawyer, you know that they have your business and your interests in mind. It is their job to offer you independent advice so that you can make the best decisions about how to run your business and where to invest your money. They also help you stay in line with the law, whether that means providing your employees with the rights they are entitled to or providing your clients with clear terms and conditions for the use of your services. As a business owner and/or investor, you need to know that you’re making smart decisions, and a lawyer can help you do that.
When you work with Lazarus Legal, you know your lawyer’s focus is on protecting Australian businesses and their interests. You work with lawyers who know the relevant legislation in Australia and who stay up to date with any changes. It’s essential to hire a lawyer that you trust and who you can work with closely. This is one service you can’t outsource to someone overseas. But you can benefit from the services of a dedicated legal team without having to create an in-house legal department.
3. Commercial Lawyers Offer You Different Perspectives
If your business is trying to resolve a dispute or deal with a litigation case, it’s essential to know all your options. Hiring a commercial lawyer helps to ensure you have all possibilities laid out in front of you and you understand it all in simple terms. They can explain different approaches, interpretations, and nuances in a dispute resolution or commercial litigation case. While you might have people in-house who can scratch the surface of these situations, a commercial lawyer makes sure you can understand every detail so that you can put your business in the best possible position. Commercial litigation advisors help you make the best choices and explain everything in clear terms, so that you don’t miss a thing.
There can be so many ways to interpret a specific legal situation that trying to do it without expert help could very likely get you in trouble. If you misinterpret something or don’t understand it at all, it’s not going to put you in the best position to get the outcome you want. Working with a litigation lawyer can make a significant difference to your success in any legal situation where you need to defend your company or your brand.
4. They Help You Understand the Law
Commercial lawyers don’t just handle all your legal requirements for you. They also make sure that you understand both your rights and your obligations in the eyes of the law. They can help you understand your legal rights and unpack what is legal and appropriate action to take, not to mention breaking down what can often seem like a complicated area of law into something much simpler. Many of the decisions you make within your business will require you to consider the legality of various actions. Whether you are collecting customer data, hiring a new employee or dealing with a disciplinary case, you need to make sure that you protect your business by doing the right thing.
Falling foul of the law could be extremely damaging to your business, so there isn’t any room for mistakes. At the same time, it’s important to know what your rights are as a business owner. You need to know what you are allowed to ask of your employees and how you can protect your business from negative comments or anything else that might affect your brand adversely. With expert legal advice available to your business, you can make compliance easier to manage. Our commercial lawyers in Bondi will help you stay on the right side of the law, no matter what the situation is.
5. Determine If Litigation Is Right for You
Trying to decide whether bringing about a litigation case is the right choice for your business can be tricky. If you don’t have any legal knowledge or advice available to you, you might end up making a choice that’s ruled by your emotions. When you use the services of a commercial lawyer, you can avoid making the wrong decision and potentially wasting time and money or even taking a hit to your business’s reputation. You can speak to a lawyer about whether it makes sense for your business to enter into litigation, whether you’re doing it for the right reasons and what your chances are of having a positive outcome. A good commercial lawyer will work with you to make the right decision and won’t recommend litigation in all cases.
6. Prevent Problems Before They Arise
Working with a commercial lawyer helps you avoid problems, instead of waiting until they’re created to do something about them. Rather than spending your time putting out fires, you can focus on getting things right the first time. With expert legal advice from a commercial lawyer, you can avoid making mistakes that get you into trouble. Your commercial lawyer can help you protect your business from every kind of sticky legal situation. They can offer advice on how to ensure the rights of your customers and your employees are maintained, they can ensure your contracts are always in top condition, and they can help you make better investment decisions.
