Business Attorney in Bloomfield Hills, MI

Ready To Take On Your Business Law Needs

You have finally been able to follow your dreams and start your own business. However, whether you are just starting out or have been in operation for a while, you need to know about business law and how an attorney can help protect your interests.

Business law is a broad area that covers many different aspects of running a business. An experienced attorney can help you with everything from forming your business to resolving disputes with other businesses.

Regardless of where you are in your business venture, contacting a business law lawyer in Bloomfield Hills, MI, is essential for success. Hiring an attorney to assist you can ensure that your business interests are put first and that all legal matters are handled efficiently. Having a business attorney in your corner can provide a greater understanding of how to manage your business transactions, employment requirements, and drafting contracts. Other advantages include monitoring business growth, developing strategies for your corporation, and general knowledge of the various aspects of day-to-day operations.

Finally, hiring a business attorney can ensure that any litigation issues are handled quickly so they do not distract you from growing your company. Contact the experienced business attorneys of Kendal Law Group PC today to schedule a free initial consultation so we can assess your needs and start creating your business plan.

What are the Different Business Structures Available in Michigan?

If you are considering starting a business, you must understand what types of business structures are available and which will grant you long-term success. There are several business structures available in Michigan and choosing the correct one can only be challenging with legal assistance.

A business law attorney can provide the legal counsel you need to make an informed decision. Under Michigan law, four main business structures are available, including:

Sole Proprietorship

A sole proprietorship is the most common business entity chosen by entrepreneurs in Michigan. Under a sole proprietorship, one person runs the day-to-day business operations and obtains profits.

Partnership

If you choose to enter into a business arrangement with another group of people, you can choose between a general or limited partnership. In a general partnership, all partners share in profits and are responsible for paying any of the business’s debts. Under the terms of a limited partnership, some partners are tasked with managing the business

Corporation

A corporation is a legal entity considered a person under the law, separate from its owners. Although corporations can be sued, their owners are granted protection from liability. There are several different types of corporate structures, including C and S corporations and nonprofit and closed corporations.

Limited Liability Company

A limited liability company (LLC) is a business entity that combines the benefits of a corporation and partnership and shields owners from the company’s debts or other obligations.

If you are still determining the best business formation, contact our experienced attorneys at Kendal Law Group PC to schedule a free consultation to discuss your legal needs.

What Aspects of Business Law Can a Business Law Attorney Help Me With?

A business law attorney is one of your company’s most valuable assets, whether you are just beginning your entrepreneurial journey or have been operating for some time.

A business law attorney can help you with a variety of legal matters, including:

• Forming your business: Choosing the proper business structure and filing the necessary paperwork
• Contracts: Drafting, reviewing, and negotiating contracts
• Disputes: Resolving disputes with customers, vendors, employees, or other businesses
• Compliance: Making sure your business complies with applicable laws and regulations
• Litigation: Representing your business in court if necessary
• Negotiating and settling disputes: Helping you resolve disagreements without going to court

Additionally, business lawyers can help you safeguard your intellectual property and trade secrets by using trademarks, patents, or copyrights. No matter what legal issue you are facing, it is important to have an experienced business law attorney on your side.

The attorneys at Kendal Law Group PC have experience handling all aspects of business law and are ready to help you with any legal issue. Contact us today to schedule your free initial consultation so we may assess your business law matters.

Do All Business Disputes End Up Going to Trial?

A common misconception is that all business disputes must be resolved through civil litigation. However, most business disputes are settled through alternative means without costly and time-consuming litigation.

One of the most common ways businesses can avoid litigation is through alternative dispute resolution (ADR), which can involve mediation, arbitration, or out-of-court settlement negotiations.

However, if a dispute cannot be resolved through negotiation or mediation, it may end up in court. An experienced business law attorney will be able to represent your interests in court and help you try to reach a favorable outcome.

An attorney can help with some common business disputes, such as breach of contract, trademark infringement, and non-compete agreements.

When you come to our business law firm for help, we will thoroughly explore all legal options to determine what is best for your business. We recognize that you want to resolve your legal issues so you can focus on growing your business. Our attorneys are dedicated to helping clients resolve their business disputes as quickly as possible, so they do not harm profitability or the company’s standing in the community.

If you are involved in a business dispute, our experienced business law lawyer will represent you and your business and do whatever it takes to get the results you deserve.

What Common Alternative Dispute Resolution Methods Can Help Avoid Business Litigation?

No business owner likes the thought of going to court to resolve a business dispute. Business litigation can be time-consuming and costly for all the parties involved. Furthermore, it often distracts business owners from being able to focus on building their companies.

Many business owners choose to resolve legal issues through alternative dispute resolution (ADR), including mediation and arbitration, to avoid the long-drawn-out process involved in commercial litigation.

Mediation

A neutral third-party mediator meets with both parties and helps facilitate a mutually agreeable resolution. The mediator helps identify key issues and supports positive communication while the parties work to reach a mutually beneficial agreement.

Arbitration

Both parties meet with an arbitrator who will review the evidence and any testimony that may be given and make a decision. An arbitration agreement may be binding, where the parties agree to the arbitrator’s decision, or non-binding, where the parties can take the case to court if they are unsatisfied with the decision.

How Can a Business Law Attorney Help My Business Succeed?

Some of the most essential legal services that business lawyers offer include knowledge of the various laws that may apply to their clients, including:

• Employment law: All businesses must maintain compliance with state and federal employment law, which can become confusing. A business attorney can help you stay informed and ensure that your company’s hiring and termination practices meet all guidelines
• Tax law: Of all the issues that can negatively affect businesses, tax issues can quickly become a distraction that negatively impacts growth and profitability. Therefore, every business must have an attorney who understands the nuances of business taxation and will help you maintain compliance
• Corporate governance: If you have formed a corporation or plan to do so shortly, you must have a business lawyer to assist you with corporate governance issues. Your attorney can help you with entity formation, draft necessary legal documents, including bylaws and shareholder agreements, and identify and minimize risks that could pose a threat.

Other legal issues that require the help of business attorneys include help with health care law, construction law, shareholder disputes, and commercial real estate needs.

If you want more information about how a business law attorney can help your business become a success, contact our law office to schedule a free consultation.

How Can a Business Lawyer Help Me With Financing Issues?

Many new business owners make the common mistake of not allowing an attorney to help them with financing issues. During its lifetime, a business will have to deal with various financial matters, including taxes, contracts, mergers and acquisitions, debt collection, shareholder disputes, and possible bankruptcy.

Due to the legal complexities associated with business financial matters, it is always best to hire a knowledgeable attorney to ensure you are well-informed and remain compliant with all state and federal laws.

Some of the financial legal services that business lawyers can provide to clients include:

• Assist clients in understanding the financial laws that may apply to them, including those related to taxation
• Ensure that clients make wise business decisions and avoid risky investments or other financial situations that could impact profitability
• Represent you when applying for banking or other financial services
• Oversee negotiations in financial disputes to ensure your legal rights are protected
• Draft and review business contracts to ensure they are beneficial to your company

If you have questions about finance or how a business law attorney can help protect your hard-earned assets, contact Kendal Law Group PC to schedule a meeting with a qualified legal team member. Our dedicated staff has a proven track record of protecting our client’s assets and can provide the legal support you need to make your business successful.

When Should I Contact a Business Law Lawyer?

Many business owners make the critical mistake of waiting to see if a business problem will resolve itself. However, regardless of whether you are just beginning your entrepreneurial journey or are a well-established business, you need a business lawyer on your side who will assist you with any legal needs or concerns related to running your company.

An experienced attorney can help you with everything from forming your business to resolving disputes with other businesses. If you are involved in a business dispute, an attorney can also help you try to reach a favorable outcome.

Kendal Law Group PC has significant experience forming businesses, drafting contracts, negotiating, and settling disputes, and representing businesses in court. We take a client-first approach, meaning that we construct our advice and services based on your needs, not the needs of business owners at large.

Having independent legal counsel is a sensible alternative to in-house counsel, which can be quite costly. Your business law lawyer can stay informed on any laws that may change and how they can impact your business. Failure to obtain legal advice in a timely manner can cost your business money and result in the legal issue being prolonged, which could impact your company’s chance of success.

If you own a business and need legal help, contact Kendal Law Group PC today to schedule a consultation with our experienced team of attorneys. We look forward to reviewing your case and determining what legal strategies suit your needs.

What Makes Kendal Law Group PC the Right Choice for My Business Needs?

Our Bloomfield Hills business law firm recognizes that you want to protect your assets and increase profitability. Unfortunately, many other individuals or business owners do not meet their contractual or financial obligations.

When you come to us for help, we thoroughly assess your needs and create business legal strategies to help you succeed.

Even if you are a sole proprietor, you need an attorney experienced in business law who can help you with the many legal aspects of running your company. Our business lawyers offer personal service and work diligently to develop a solid attorney-client relationship with those who trust us with their legal needs.

Although business lawyers can assist clients in numerous ways, they offer several services that all entrepreneurs should take advantage of to avoid costly mistakes that can limit growth. Our experienced business attorneys have extensive knowledge of how to help clients and can provide personalized legal services that meet your needs.

If you have any legal needs or concerns related to business law, it is in your best interest to consult with a business law attorney as soon as possible. Even if you have no pressing legal concerns, retaining our assistance can ensure that any potential issues that come up in the future are resolved quickly.

Kendal Law Group PC, located in Bloomfield Hills, MI, is passionately committed to helping your business get the legal support it needs to avoid issues that could damage its reputation and financial status. Contact our law office at 248-609-1718 to learn how we can help you move forward.