Why a new company means a new lawyer

Hiring the right lawyer for your new company is an important step as the suitable person must be someone you can trust, preferably with expertise in your industry.

An in-house lawyer immediately adds value to a business. Particularly in the beginning when a good lawyer will not only help keep you on the legal straight and narrow, but may also offer strategic business advice.

How a lawyer will help your start-up

It is important that hiring a lawyer is one of your first moves as they will help you make key strategic moves that could later benefit the development and growth of your business. They can advise on issues such as:

• Filling in legal forms
• The legal implications of signing a new business deal
• If your start-up is a product, your lawyer will take care of patents and copyrights

The lawyer you choose, whether they are a solicitor from an outside firm or an in-house lawyer, will be privy to some of your business’s most sensitive information. Ensuring that you wholly trust that person is vital as you are effectively placing your business in their hands.

Depending on the type of business you have, you might decide that a lawyer with business experience is a necessity. As your company’s legal representative it is important that your lawyer has a full understanding of the business that you want, and works with your best interests in mind.

Focussing on your business

When you are in the process of setting up a company you are very often busy with other aspects of the business such as sourcing clients, employees and the administration that comes with a start-up. This is where a legal recruitment company comes in.

Recruiters are specialists in their field and know the questions to ask potential candidates in order to sort the wheat from the chaff, particularly as many candidates seek solicitor jobs in the start-up industry. This saves your business valuable time and resources that are needed elsewhere at the beginning.

If you do not want to commit to a permanent solicitor or lawyer to take care of the day-to-day matters of the company right at the start, with a recruitment company you have the option to hire a temporary lawyer.

Hiring a temporary or interim lawyer is a cost-effective way to gain the legal advice and expertise you need from an experienced professional, giving you the flexibility to hire according to the level of your workload. Traditionally, small to medium businesses find that temporary solicitors and paralegals suit their need for an immediate solution without infringing on their long term plans.

No matter your business, your start-up is going to require a legal professional at some point and so it is best to be ahead of the game. The first crucial decision is which route would most suit your company- from there you are able to choose whether you should hire a permanent in-house lawyer, a consulting solicitor or a temporary legal professional.