The Business Storytelling Podcast
670: When do I need an attorney for my small business?
Jun 27, 2024
Guest Thomas Frank, Partner at The Frank Law Firm P.C., discusses the crucial timing of needing legal representation for small businesses. They cover the importance of early legal consultation, the significance of choice of venue and law provisions in contracts, financial considerations for hiring an attorney, and the importance of consulting an attorney for various business matters.
23:49
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Quick takeaways
- Seek legal advice early to avoid legal pitfalls related to intellectual property, disputes, and financial issues.
- Establishing a relationship with an attorney before urgent issues arise can streamline the legal process.
Deep dives
Importance of Timely Legal Consultation
Seeking legal advice early in the business journey is crucial to avoid potential legal pitfalls related to intellectual property, business disputes, and financial issues. Waiting until the last minute to contact an attorney can lead to missed opportunities for corrective action, potentially resulting in crises. Timely legal intervention can prevent infringement on trademarks or copyrights, ensuring a proactive approach to legal concerns and avoiding reactive, stressful situations.
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