If you want to create a new business or update an existing business structure, you may think it’s easy to do alone. Unfortunately, creating or transitioning your business to a corporation, networking, or other business structure requires legal advice and assistance.
If you need a Corporate Lawyer in Reno, Nevada, to assist with the Corporate, LLC, or any other business formation, you must hire an attorney specializing in Corporate Law. Your Corporate Lawyer will help protect your assets and provide the legal expertise necessary to avoid problems with licensing agencies and government regulations.
How can a Corporate Lawyer in Reno, Nevada, Assist You?
Corporate lawyers help you incorporate and take advantage of specific tax laws or other benefits.
By preventing double-taxation and other corporate law challenges. When your company issues stock options and wants oversight and direction on the process.
If you’re acquiring another company.
When you need assistance dealing with creditors.
It would be best if you used an attorney to form your corporation. Although many individuals should file their LLC, some people can benefit from consulting with an attorney before deciding if they want any help.
Corporate attorneys can often help remove ambiguities and make sure you follow all of the proper steps when filing paperwork. More importantly, while some people may think of this as a luxury, it is often necessary.
You shouldn’t go without a corporate attorney, especially when more than one member (shareholder) is involved or if investors give large sums of money into the company that needs further structuring.
When do I Need a Corporate Lawyer?
Sometimes you need a corporate lawyer, and in other instances, you don’t. For example, if you need an EIN for your business, you probably don’t need a corporate lawyer for that since you can download it online.
However, when you want help with the process of incorporating, you’re going to be looking for a Corporate Lawyer in Reno, Nevada.
You’re also likely to hire an attorney for Corporate Law if there are shareholders involved or if the business is large enough that it requires leadership outside of your daily management.
Even though it might seem like Corporate Lawyers must cost more money, they may save you more since it’s better to be safe than sorry when you start a corporation.
Remember, Corporate Lawyers can’t make decisions for your company—but they can give you valuable advice and help point out areas where your business will benefit from seeking additional help with a Corporate Lawyer in Carson City, Nevada.
How Much Does a Corporate Lawyer Cost?
This is a difficult question to answer because Corporate Lawyer fees vary depending on how your Corporate Lawyer will be working with your business.
In general, Corporate Lawyers charge per hour or give you a flat rate for their services. Some Corporate Lawyers also require an initial retainer fee where you pay them in advance, and they cover all of the Corporate Law related expenses in that particular time frame.
On top of this, Corporate Lawyers generally charge a fee based on the amount of work done or the value it adds to your company.
For example, if a Corporate Lawyer in Reno, Nevada files paperwork for you at the state level, they may add a set cost to their hourly rate. As a result, even when they don’t spend much time filing the paperwork, you still pay the Corporate Lawyer the same amount.
If your attorney is not working hourly, she may have a flat fee instead for Corporate Law services.
Finally, Corporate Lawyers also charge additional fees depending on the scope of work done. This means that if you need help with all Corporate Law issues in Nevada, they will most likely charge more than if they only had to file one document.
Where to Find a Corporate Lawyer in Reno, Nevada
As you can tell, there are several reasons why you should use a corporate lawyer to help form and develop your business. If you’re looking for a Corporate Lawyer in Reno, Nevada, or surrounding areas, consider working with Handelin Law.