Business Lawyer Bergen County, NJ
Experienced entrepreneurs are often extremely skilled in negotiating deals and contracts. In fact, many New Jersey business owners navigate local and state regulations with surprising skill, even without the assistance of an attorney. However, there are times when hiring a skilled business lawyer in Bergen County, NJ may be beneficial.
Business owners must consider the endless web of potential laws and regulations that may apply to any project. From the laws concerning energy-efficient buildings to the various municipal codes of local towns, both large and small, there are many ways a business can overlook key issues. The following includes three brief examples of problems that can arise without a lawyer.
No. 1 – Spot the Little Stuff
Consider a contract involving the purchase of an old commercial property. The potential buyer wants to renovate and turn it into a successful leasable property. Many old buildings still bear the signs and logos of previous businesses; but what if that building has a unique signature construction design – perhaps a built-in symbol or design characteristic that could be considered intellectual property? Forgetting to remove or alter such a design characteristic could open the new buyer to potential trademark violations. Something so subtle could easily be overlooked. Having a business lawyer involved means knowing when you may need to look into something very specific like a trademark or copyright issue.
No. 2 – Keep Emotions Out of the Bargain
Many deals have been lost overheated arguments or emotional responses. These can lead to poor decisions at the moment. Having a disinterested, informed, and outside perspective can make all the difference. A Bergen County, NJ business lawyer can work to put emotionally charged decisions in perspective. This is often highlighted in high-value probate cases where millions of dollars in business assets are on the line. Though these cases are about businesses and should be treated as such, they can become very personal when they are associated with the death of a loved one or the distribution of an estate.
No. 3 – Knowing What Courts Will Do Gives You the Upper Hand
Not all attorneys are appropriate for helping your business grow and make sound decisions. While a business owner can interpret most state, local, and federal laws and regulations, this only tells part of the story. Many people do not realize that the majority of the law as we know it is written in the courts. A state law may look clear on its face and lead a business owner to make a crucial decision. However, he or she may not be aware of thousands of court decisions in the same jurisdiction where a different interpretation won. Without realizing it, the owner has set the business up to lose in court if the matter is ever litigated. This is yet another reason to hire experienced business lawyers who routinely assist with transactional matters and fight to represent clients in contested litigation.
If you own a small business and need to discuss contracts or other critical business decisions, contact a passionate Bergen County, NJ business lawyer today from Kaplan Law Practice, LLC. We are prepared to assist you immediately.