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  • Cristina Lefter

10 signs that your company needs to team up with a business lawyer

Updated: Nov 10, 2022

Being an entrepreneur is straining enough. Let a professional handle the legal hassles.

Lawyers are a necessary evil - agreed. But what about not getting any legal help?

“A man walked into a bar with his alligator and asked the bartender, “Do you serve lawyers here?” “Sure do,” replied the bartender. “Good,” said the man. “Give me a beer, and I’ll have a lawyer for my ‘gator”.”

Joke aside, relying on legal advice is mandatory for navigating the world of business. Below are 10 signs that indicate that a start-up or scale-up should work closely with a business lawyer.

  1. Everyday activity raises a significant number of legal queries

  2. The pace of legislative change seems overwhelming

  3. When liaising with authorities, you never know what to expect or how to reach

  4. Employment related topics arise quite frequently

  5. Data protection related aspects are brought forward in commercial agreements or by retail customers

  6. The company does not have its own set of template documentation and, hence, always relies on improvisation or inadequate precedents

  7. The company is involved in disputes

  8. The company has not taken any measure to protect its intellectual property rights

  9. The company shall be subject to a sale, merger or spin-off

  10. The company intends to draw financing

If any of the above seems familiar, then we should probably get in touch.

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