How to find the right lawyer for your business

November 8th, 2013

There are certain professionals worth investing in if you want your company to thrive.

For instance, hiring a qualified accountant will help you keep on top of crucial aspects of your business such as cash flow finance. In the same vein, finding an experienced business lawyer will help your organisation operate within the boundaries of the law and stay out of trouble.

What are some of the things you should consider when finding a lawyer for your company?

Budget

Especially if your business is just starting out or struggling to turn a profit, you'll have to take your budget into careful consideration.

They key is to strike the right trade-off between affordability and quality. Take the time to shop around and find a practice that offers the qualification, capabilities and experience your business requires without draining your budget.

Integrity

Solid ethics and integrity are the foundation of the legal industry - you don't want to hire a lawyer that comes across as shady and disreputable.

When you're hunting around for a lawyer, take the time to research the reputations and standing of their firm, and don't be afraid to ask for references and testimonials from past clients.

Think long term

When you're hiring a professional service to help your company grow, you should approach the relationship as more of a business partnership than an ad hoc solution.

Interview the lawyers as you would a potential employee for your business and assess their fit with your company and its vision and goals.

Some lawyers base their practice on servicing large corporations while others are more suited to startups and SMEs. Make sure the lawyer you choose has the skills and experience relevant to your company, and can work with you long term to help your business prosper.

If you'd like to learn how Earlypay's Invoice Finance & Equipment Finance can help you boost your working capital to fund growth or keep on top of day-to-day operations of your business, contact Earlypay's helpful team today on 1300 760 205, visit our sign-up form or contact [email protected].