Wednesday, February 25, 2009

Hire an attorney who understands your business

Make sure that your attorney (and any other professional advisor) understands the specific needs of your business. When interviewing to select a lawyer, ask whether he/she has previously worked with a company such as yours - you don't want to have to pay for learning time. Has the firm worked with small businesses before? What kind? And if your industry has specialized regulatory or other legal requirements, you'll want a lawyer who is familiar with them.

Use referrals

Referrals are the best way to find just about any service you might need, and finding an attorney is no exception. Talk to other small business owners, and to your banker, accountant, or other trusted advisor. You can also check with your local bar association, although not all of them verify an attorney's specialty or experience. A bar association referral will, of course, guarantee that an attorney has passed the bar exam.

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