Business Lawyers in Toronto, Helping Clients With Complex Legal Needs
Running a successful business requires a lot of hard work and dedication. Unfortunately, that’s far from all that’s necessary. There are countless legal issues you may encounter when you’re part of a company’s leadership. While many individuals expect to encounter things like employment contracts and shareholder agreements, they often overlook more complex matters such as estate litigation, corporate governance, and other issues that arise for many successful companies. That’s why it’s so important to have an experienced business lawyer in Toronto on your side.
At Financial Litigation, you’ll work with a team of legal professionals that have served start-ups, small businesses, and corporate giants alike. We are a corporate law firm that offers legal expertise in a variety of different practice areas. This breadth of experience is essential when it comes to business law — because you can bet you’ll encounter varying and unexpected legal challenges when running a company. Contact us today at Financial Litigation to learn how we help our clients excel in every area of business.
What Areas Can Business Lawyers Help With?
Having a legal advocate on your side can prove invaluable to a company. Of course, most people don’t realize just how many areas a business law group can help in. While the legal issues a company faces can change as it grows, any firm could need help in the following areas over time:
Corporate law deals with the formation, management, and other issues related to corporate identity. Anything from initial partnership agreements to mergers and acquisitions falls into this category.
Contrary to corporate law, business law focuses on areas such as employment, assets, and commercial transactions. This could include anything from protecting confidential information on employment agreements to litigation with vendors.
Corporate lawyers remain in high demand because business equals value. Of course, ownership in such a business is essentially an asset. Estate planning is an important aspect of ensuring everything you worked for is safeguarded.
From business transactions to continued operations, there are taxes on just about everything in the corporate world. When you first make the move from regular citizen to business leader, you’ll need legal guidance to ensure you remain compliant with tax law.
Intellectual Property Law
A company’s intellectual property (IP) may be the most valuable asset it holds. Failure to protect your trademarks, copyrights, and other IP assets can cause significant losses. While you may never need an intellectual property attorney, this is still an important area of the law to understand.
Taking care of your employees improves productivity and profits. Violations of employment law, however, can lead to civil litigation and significant fines. Your business plans should always include strategies for complying with employment law.
Small business owners may not have to worry too much about securities, but if you’re part of a growing corporation’s leadership, it’s essential that you take these laws seriously. Single securities mishaps have been known to drive businesses into financial ruin.
Just the Tip of the Iceberg
This list no doubt seems extensive, but it’s far from exhaustive. It’s hard to even imagine just how many legal issues a business owner and executive leadership may encounter. This is why having a business law attorney in Toronto on your side is ideal. Contact Financial Litigation today to learn how we can help.
Do I Really Need a Business Law Attorney?
There has been nearly constant growth in the number of Canadian businesses opening each year. This at least partially explains why there are so many “do it yourself” resources out there promising to simplify the legal process. While this may be possible for certain startups, even the most basic business ventures can encounter complex legal issues. What may seem like simple mistakes when a company starts out can prove long-lasting, costly, and time-consuming.
Of course, potential issues become even more significant as a company grows. Whereas you once may have simply needed help creating commercial contracts, you may now face shareholder disputes or investigations by the Canadian Securities Administrators. The simple fact is that individuals with legal representation fare better than their counterparts without lawyers.
Don’t risk your entire company in an effort to save a few dollars. Reach out to a business attorney in Toronto today to ensure you’re performing your due diligence when starting or running a company.
How to Choose Business Law Legal Services
There is no shortage of business lawyers in Toronto available for companies to hire. With so many options, though, how do you know you’re making the right decision? Here are a few key things you should consider before deciding which attorney should advocate for your business.
- Experience: Find a law firm that’s not new to the legal arena. Every law office — even those that represent corporations — have to get their start somewhere. Fortunately, you don’t have to help them build their name. Go with an established firm.
- Expertise: Long-term experience means little if expertise in an area isn’t earned. An employment law attorney may be able to help in some areas, but find a lawyer with extensive experience in every area of business law. This is what you’ll find at Financial Litigation.
- Constant availability: Many attorneys work traditional 9-5 jobs, and that’s okay in some areas of the legal system. When it comes to business law, however, this isn’t enough. You need a lawyer who works around the clock, during the weekends, and even on holidays to handle potential crises.
- Litigation experience: The majority of civil cases are settled before they ever make it to a courtroom. This is thanks to settlement discussions, mediation, and other alternative dispute resolution options. Still, it’s essential to have an attorney with litigation experience.
Whether you’re worried about advertising regulations, forming partnerships, or even defending your company against hostile takeover bids or government investigations — each of these considerations can help you choose an experienced attorney who will handle your case in a professional manner. And since you can typically receive a no-obligation initial consultation, there’s nothing to lose by seeking strategic advice.
Contact a Business Lawyer in Toronto, Ontario Today
It’s difficult to properly convey just how many areas of the legal system are involved in business law. This is sometimes a surprise to budding entrepreneurs. After all, you likely didn’t start a business with the desire to sift through administrative red tape and spend all your time ensuring regulatory compliance. Something as seemingly basic and essential as business formation can be time-consuming and riddled with potential pitfalls. And since it only gets more complex after that point, it’s easy to see why so many people shudder at the idea of dealing with business law.
Fortunately, you don’t have to handle any of these legal issues on your own. Financial Litigation provides legal services catered to helping make your business a success. We offer practical legal advice that can assist you in every stage of the process — from business formation to corporate acquisitions (and everything in between). Contact us today by calling (416) 769-4107 for a no-obligation case evaluation, and let us show you how experienced business lawyers in Toronto can help you build a successful company.