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Every business needs an accountant and a lawyer; an accountant helps oversee your financial processes and ensures taxes are prepared correctly. A lawyer can help set up your corporate structure, protect your intellectual property, deal with real estate, insurance, and tax issues, defend you in the event of lawsuits or other liability, and even provide exit strategy and estate planning advice.
Many businesses often turn to a lawyer only when it's too late. The best time to find a lawyer is before you need a lawyer; not only will the attorney be familiar with your business, but he or she may be able to help you avoid problems before they occur. If you run a small business and don't feel consulting with a lawyer is necessary, keep in mind the fees you are charged for services that help you avoid legal problems will be far lower than the fees you are charged when you are faced with a legal problem.
When should you consider seeking legal advice? Here are just a few situations where getting the help of an attorney can make sense:
You will definitely need an attorney if: