Business Law Attorney – Virginia
Business law, also referred to as commercial law, pertains to the rules, statutes, codes, and regulations that govern the formation and existence of organizational entities, and the agreements and relationships that businesses have with their owners, employees, customers, and other businesses.
Virginia Business Law Attorney
When running a business in Virginia, it is important to have a strong understanding of the state’s business laws and regulations. An experienced Virginia business law attorney can provide invaluable guidance and counsel to business owners and executives. Some of the key areas a Virginia business law attorney can assist with include: forming an LLC or corporation, drafting contracts, negotiating deals and transactions, advising on employment law compliance, protecting intellectual property, navigating regulatory requirements, and handling any legal disputes that may arise.
Having an attorney well-versed in Virginia’s specific business laws on your side helps ensure your company avoids costly mistakes and operates in full compliance. Whether starting a new venture or managing an established company in Virginia, partnering with a trusted Virginia business law attorney can give your business the legal footing it needs to thrive.
Common Business Law Issues in Virginia:
- Business Formation
- Entity Selection
- Sales and Purchases of Existing Businesses and Assets
- Internal Agreements & Contracts
- Confidentiality, Non-Disclosure, and Non-Solicitation Agreements
- Shareholder Agreements and Stock Option Plans
- Complex Transactions
- Dissolution and Termination of Businesses
- Unfair Practices
- Privacy Violations
What is the difference between corporate law and business law?
Corporate law specifically deals with the laws governing corporations, including formation, operation, mergers, rights and duties of shareholders/directors/officers, corporate governance and more. Business law is a broader area dealing with the laws and regulations that cover all aspects of starting and operating a business, including corporate law issues as well as things like business contracts, partnerships, taxes, employment law, intellectual property and regulatory compliance for an industry. Business law may involve a range of more specialized law fields.
What are the three elements to most aspects of business law?
- Compliance – Business owners must comply with laws and regulations governing their specific industries.
- Contracts – Agreements with employees, partners, vendors and clients are essential to protect the business’ rights and obligations.
- Liability Reduction – Businesses should take steps to reduce legal liability in areas like employment practices, environmental hazards and product issues. Legal advice can help minimize liability risks.
What 4 things should you consider when choosing the right business lawyer?
- Experience – Look for a business lawyer with extensive experience in your specific industry and in the areas of law your business deals with (e.g. intellectual property, contracts, etc.). An experienced lawyer will understand the ins and outs of your business needs.
- Cost – Business attorney fees can vary widely, so get quotes from a few qualified lawyers before deciding. Be sure to understand what services are covered in their fees.
- Availability – Look for a lawyer who is responsive and readily available to talk or meet when you need legal guidance for time-sensitive issues that may arise. You want someone who makes your business a priority.
- Track record – Research client reviews and records of success (e.g. cases won) to choose a high-quality business lawyer with a proven ability to deliver results. The right lawyer can make a big difference.
Contact An Expert Fauquier County, Virginia Business Law Attorney
Your success may depend on retaining the right lawyer. Contact one of Walker Jones’ effective, well-qualified attorneys for all of your commercial law needs.