How to Pick a Business Lawyer

Lawyers are like doctors.  They specialize in anything from zoning to wills to personal injury.  You want to find a lawyer who specializes in business.  The lawyer who handles criminal matters does not know about the issues that concern a business owner.  A good business lawyer is like a partner who will help you understand everything from government laws and regulations to shareholder and employment agreements. That's why you need to put in the legwork to find your best match. When choosing a lawyer, think long term.  You should be looking for a lawyer who will help you to avoid making costly mistakes and help your business thrive.

To actually find a business lawyer, start by talking to lawyers you already know or to people who have a business lawyer of their own. Your accountant is also a good source for a referral.  Many accountants network with lawyers who work with small businesses.  Consider asking others in your industry — perhaps even friendly competitors — who counsels them.

Do some research about the names that you have been given. Check the websites of relevant law firms to get a sense of attitudes and specialties. The right lawyer will spot issues and point out solutions you might not have thought of.

Interview more than one lawyer.  When interviewing law firms, meet with the lawyer who will be actually handling your matter.   Evaluate the style and attitude of each lawyer that you interview.  Here are some questions you should ask each lawyer:

1.                  What is your experience in this field?

2.                  Have you handled matters like mine?

3.                  What are my options in resolving this matter?

4.                  Approximately how long will it take to resolve?

5.                  What are your rates and how often will you bill me?  Do you bill for expenses?

6.                  What is your ballpark figure for the total bill, including fees and expenses?

7.                  How will you keep me informed about progress and how often?

If the lawyer does not seem knowledgeable or interested in your business, move on to the next name on your list.  Choose the lawyer who gives you the answers that make you comfortable and whose personality meshes with your own.

You need a smart lawyer who will work hard on your behalf and complete all assignments in a prompt and efficient manner. You also need a lawyer who you get along with and like. Selecting the right business lawyer will save you both time and money while increasing your ability to build a successful business.