Whether you are in the process of creating LCC, there have been allegations that a partner has breached his or her fiduciary duty, or you require guidance tax implications, you need to discuss these matters with an experienced attorney. Here at
MichieHamlett, we handle everything from mergers and acquisitions to general sales, joint ventures, intellectual property claims, and litigation for a myriad of highly contentious issues, including real estate, construction, fraud, antitrust, and more.
Assistance with Business Formation, and Why Small Businesses Often Fail
One of the top reasons small businesses never make it off the ground, or crumble within a few years of opening their doors, is a lack of a business plan, according to Forbes. Part of the job of a business attorney is to guide clients toward their companies objectives by establishing structure, policy, and business procedures. Not only do we draft and review all legal documents, tax forms, and contracts, but a skilled business attorney should be able to manage a budget, ensure complete state and federal compliance, and be available for you should disputes arise. Other areas we may be of assistance during business formation include:
- Formation of a business entity;
- Employment contracts;
- Operating, shareholder, and partnership agreements;
- Shareholder agreements;
- Non-compete clauses;
- Construction and real estate, including zoning and land use issues; and
- Much more.
Compliance
According to Forbes, a survey conducted by the National Small Business Association found that small businesses spend at least $12,000 on compliance to state and federal laws. 44 percent of small businesses spent at least 40 hours a year working to comply with federal laws alone. While costly and time-intensive, compliance is a vital part of growing your business. In the long run, careful compliance will save your company significant time and money. Unlike some law firms, which are only there for their clients in terms of putting out fires, we also focus on preventative measures to ensure that your small or large business runs smoothly at all times and avoids violating tax laws and state or federal rules.
Disputes May Require Litigation
All of the careful planning in the world may not be enough to save your business from disputes. Often, these can be resolved through careful negotiation or mediation. In other times, litigation is necessary. A few of the areas of litigation we assist clients include the following:
- Commercial litigation;
- Breach of contract;
- Breach of fiduciary duty;
- LLC and partnership rights;
- Self dealing;
- Antitrust litigation;
- Legal malpractice;
- Over compensation for management;
- Excessive management compensation;
- Real estate disputes;
- Construction litigation;
- Intellectual property litigation, including trademark, copyright, trade secrets, and patents;
- Refusal to pay distributions or dividends;
- Appraisal rights; and
- More.
Call a Richmond Business and Corporate Law Attorney Today
With so much time and energy invested into your business, it is critical that you take every step possible to ensure that it succeeds. Working with an experienced Richmond business attorney at MichieHamlett can help ensure structure, compliance, long term success, higher profits, and professional conflict resolution through mediation or litigation. Call us today or fill out or online form to set up a free consultation.