When you run your own business, you are required to follow both state and federal laws pertaining to your industry. You have to know what these laws are and how they affect your company.
Keeping this legal information at the forefront of your mind can be difficult if you barely understand the laws yourself. When you hire business transactions lawyers in Chicago, you can hand off the most delicate of legal tasks to people who are trained and experienced in handling them for you.
Setting Up and Dissolving Partnerships
Partnerships are one of the more complex matters that business transactions lawyers in Chicago can take care of on your behalf. When you decide to take on one or several partners, you can have your lawyer draw up the legal contract for you to sign. He or she can make sure that it follows the letter of the law and can hold up in court if it is contested.
Likewise, if you decide to end your partnership, you can have your lawyer terminate the contract for you. He or she can use the legal loopholes in the contract to get you out of its terms and escape liabilities for leaving the partnership early.
Termination of Employees
Employees who are fired often do not take the news lightly. Some try to vindicate themselves by taking action against the employers who terminated their employment.
If you find yourself the subject of a wrongful termination lawsuit, you can allow your lawyer to represent you. Your attorney will prove that the firing was lawful and that you did not discriminate against the individual.
You can find out more about the legal matters that business lawyers can handle for company owners like you. You can also schedule a free consultation by contacting the Zimmerman Law Offices.