The practice of business law encompasses a broad range of various areas of the law. A solid basis in and legal understanding of the following areas of the law is required for attorneys to properly counsel clients and assist in the accomplishment of one’s goals:
– Contract law
The drafting, review, negotiation of various documents and extensive knowledge of the implications and consequences of contractual obligations is required. Contracts may pertain to real estate transactions, leases, covenants to not compete, promissory notes, loan documents, shareholder & partnership agreements, the purchase of consumer goods, home improvement transactions, and a number of other related matters.
– Entity formation
The formation of a corporation, Limited Liability Company, partnership, trust or other business entity requires experience in the preparation and filing of documents for filing with the Secretary of State or other governmental agencies. In addition to the initial filing requirements, continued compliance with state and local laws must be addressed.
– Business sales & acquisitions
Knowing not only what is required as to the sale and purchase of businesses, its assets, or the stock of a corporation is just part of any business transaction. Qualified counsel must be able to negotiate terms favorable to clients, understand the laws that comply with the transaction at hand, and insure a client’s compliance with the law and obligations resulting from any business venture.