Hiring a commercial solicitor might seem to be a pricy luxury but it will benefit your business in the long run. If you have a long-term relationship with a firm of commercial solicitors you are likely to get a better service than if you just hire a solicitor when you need it. Your solicitor will know your business and its needs well and be able to give you advice appropriate for your needs rather than the generic advice that a solicitor doesn't know you well will provide.

In choosing a business lawyer look at the law firm as a whole. Does it have solicitors expert in all areas - you never know what needs might arise? For example if you are running a company, you will want a firm that has access to specialist company/commercial, employment and tax solicitors. By choosing a firm, which can offer you all these services, it means that your file can be opened by a business lawyer and when necessary, passed to another specialist without having to duplicate any information.

Below are some examples of times when your business will need to use a commercial lawyer; this is by no means a comprehensive list.

- Company incorporation.

- Drafting of constitutional documents.

- Drafting important internal agreements.

- Purchasing, selling or leasing commercial property.

- Problems with employees.

- Protecting your intellectual property rights.

- Acquisition.

- Share sales.

- Tax problems.

- Litigation claims.

- Contract negotiations.

Employing a commercial solicitor can offer your business protection on many levels.

Prevention and Protection

Your solicitor should be involved during the incorporation of your company or launch of your business. In which the former, they can draft a comprehensive set of articles of association in line with the Companies Act 2006 and complete any necessary registrations with Companies House. At the same time as incorporation you may need other documents drafting such as a shareholders agreement or generic contractual terms & conditions. Your lawyer will be able to draft these documents in line with your company's articles and/or to your personal specifications. Most importantly however, is that your business's constitutional documents are legally watertight and your company remains better protected.

An experienced business solicitor can offer your company on-going protection, by drafting contracts of employment on your behalf and registering any intellectual property rights you may have.

Litigation and Protection

An experienced commercial solicitor will not only be able to offer your business commercial protection through good drafting skills. If an incident arises within your business, your solicitor will be able to offer you the professional advice you require to prevent litigation from occurring. If you have developed a commercial relationship with your solicitor any actions they take will be tailored to fit the needs of your business.

Your solicitor can also help your business solve or avoid conflict with regulators such as the HSE (Health & Safety Executive), HMRC (Revenue & Customs) and EA (Environment Agency). They can act as a go between communicating directly with the regulator on your behalf in order to answer any queries or resolve any problems. This might help deter any future challenges or litigation.


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