An online business operates in a dynamic and volatile digital world, dealing with multiple risks such as domain name theft, copyright and trademark infringement, unfair competitive practices and so forth.
From incorporating an e-commerce startup to operating it in compliance with state and federal laws, an online entrepreneur needs the support of a knowledgeable and experienced legal expert for several reasons.
Here are seven good reasons why you should consider hiring a good internet lawyer for your business.
To safeguard your company against lawsuits
Having an experienced corporate lawyer on board is essential to protect your online business from lawsuits arising from issues related to copyright, trademark, data breach, privacy and so forth.
While every business will look for a qualified lawyer if it issued or needs to sue, a proactive business owner knows the importance of hiring an internet lawyer right at the start.
This ensures that your processes and policies conform to the various laws that govern them, thus minimizing the risk of litigation.
To file patents
Lawyers and law firms specializing in business law have the know-how and resources to help you with matters such as patent filing in case you have a new product or service to launch.
The patent filing is a complex process and outsourcing it to an experienced legal team gives you one less thing to worry about as you build your online business.
Moreover, a good patent attorney will provide you comprehensive patenting support, including patentability search, filing the application with the United States Patent and Trademark Office (USPTO), ensuring international patent protection, infringement monitoring, and defending your company in case of a patent infringement lawsuit.
To draft error-free agreements
Running a successful online business requires that you have some agreement templates ready for use with your customers, vendors, employees and other parties. An experienced internet attorney is not only well-acquainted with regular business laws and regulations but also knows the in and out of e-commerce legalities.
To avoid costly mistakes, it is important that each of your contracts is drafted under the guidance of an attorney, who can point out errors and help you create legally sound documents.
To comply with state and federal laws
Every business in the United States needs to operate within the legal framework of state and federal regulations. An e-commerce business, because of its very nature, must comply with a host of complex laws that only an expert internet attorney can ensure.
Right from incorporating your business, drafting employment agreements and formulating taxation and accounting processes to ensuring data protection and online privacy, it is advisable to have access to a good lawyer who can help you navigate the complex world of e-commerce laws.
To minimize damages in case of a lawsuit
A seasoned lawyer well-versed in the intricacies of online business can help minimize the damages you may need to pay to settle a lawsuit with an unhappy customer, an employee who suffered an injury while on the job or a third party whose copyright or trademark was inadvertently violated by your business.
Having access to qualified business attorneys such as these ecommerce experts for such matters can save your business time, money and reputation.
To buy real estate
Even if you’re a small business and don’t think you need an attorney for buying or leasing real estate to run your business, it is recommended that you consult one to ensure that the lease or purchase agreement favors you as much as it does the landlord or owner.
Many business owners make the mistake of not negotiating when buying or renting commercial space, foregoing the chance for a better deal and favorable payment and usage terms.
An attorney who understands the needs and goals of your business can turn around a real estate purchase or rental in your favor by adding clauses that benefit and safeguard your and your company’s interests.
To protect your intellectual property
It is important for your business to apply for federal trademark registration and copyright protection to safeguard your intellectual property against misappropriation.
It is a long-drawn process for which it’s best to hire a specialist well-versed in intellectual property and copyright laws, who will ensure that your submission is in line with the complex application requirements.
A seasoned copyright lawyer can help you in a number of ways, from preparation and submission of applications, drafting agreements for third-party use of your materials, and protecting your interests and rights in such matters.