Five Qualities To Look For When Hiring A Toronto Corporate Lawyer For Your Small Business

Most small business owners don’t realize just how important it is to hire a good business lawyer early on – before problems arise.

If you wait until you’re being sued to seek legal advice, your lawyer can only help you figure out how to solve an already existing and potentially costly problem – instead of helping you to avoid one.

You see, a good corporate lawyer provides assistance with every part of your business – from incorporation right down to liability.

So if you’re in the market for a Toronto corporate lawyer, here are 5 qualities that you should be on the lookout for.

#1. You want a corporate lawyer that is experienced.

A lawyer that has several years of experience in corporate law will be well-versed at the tasks you will need assistance with, such as (to name just a few):

drafting standard contracts for clients, customers, and suppliers;
negotiating contracts that others want you to sign, including shareholders’ agreements;
whether and how to incorporate; and
being aware of what the tax implications are with respect to your business.

Keep in mind that a lawyer cannot possibly be an expert in every area of law. You will likely need specialized assistance at some point. That’s when the next quality comes into play.

#2. You want a corporate lawyer that’s connected to a network of seasoned, top notch professionals.

A good corporate lawyer is familiar with all areas of law, and when they spot a problem that requires another professional’s assistance, they will know who to direct you to for the solution.

Being connected to a solid network of highly skilled professionals means you’ll have the best people working with you to achieve the results you desire.

#3. You want a corporate lawyer who also practices commercial litigation.

A corporate lawyer who also litigates commercial disputes is an invaluable asset. He or she will know from first-hand experience how a court will interpret many of the clauses that are contained in your agreements.

#4. You want a corporate lawyer that’s a good communicator.

A lawyer’s job is not just to advise you yes or no. It’s to educate you about the legal landscape of your business – both what the law is, and the way it affects how you do business. So make sure that you feel comfortable asking questions – and that you understand the answers you’re given.

Good communication skills are also essential when your lawyer is representing you in front of third parties – including judges.

#5. You want a corporate lawyer with a good work ethic.

When it comes down to it, law is about hard work. Your lawyer should exhibit thoroughness, excellent attention to detail, and diligence at every step.

Look at everything from the way the support staff conducts themselves to the lawyer him or herself. Do you get the feeling that the office is run properly? Does the lawyer take notes and send you a memo to summarize the meeting? Does the lawyer respond in a timely manner to your questions? Trust your gut on this one – it’s usually right.

Contact An Experienced Corporate Lawyer Today

Anton M. Katz, Barrister & Solicitor has 22 years of corporate law and commercial litigation experience.

We look forward to hearing from you.