Business Lawyer Maryland
If you are in need of a professional business lawyer Maryland companies trust, contact the law firm of Brown | Gould | Kiely. Our legal team has over two decades of business law experience and can provide you with quality legal representation in all aspects of civil litigation. Whether your business is a sole proprietorship, partnership, limited liability company, S-corporation, or larger entity, our law firm can offer you the skilled representation you need.
When a person has a specific medical need, they typically go to a physician who specializes in that area of medicine. For example, if a person has fractured a bone, they may go to an orthopedist who specializes in injuries to the skeletal system. For this type of injury they would not go to a dermatologist who specializes in skin conditions.
The same holds true in the practice of law. If you have a business law issue, then it is most likely in your best interest to consult with an experienced business lawyer Maryland residents depend on and not a lawyer who specializes in other areas of law. Business law can be very complex. Federal, state, and regional laws often change. In order to protect your company, you want to make sure the business lawyer in Maryland you consult with is one who consistently stays up-to-date and on top of all these changes.
Common Types of Business Laws for Business Owners to Abide By
When running a successful business, a business lawyer Maryland companies trust will tell you how it is imperative to understand the array of legal implications that need to be followed. Business law requires that regulations be put in place so that your company can function successfully. This includes regulation regarding bankruptcy, sales, operations and taxes. It’s important that, as a business owner, you abide by every business law that may apply to you. Contacting a Maryland business lawyer from Brown | Gould | Kiely can help you to better understand the laws, and ultimately avoid encountering legal ramifications in the future. Learn about Legal Concerns When Choosing a Business Entity.
Areas a Business Lawyer in Maryland May Address
When you speak with a business lawyer Maryland knows for skilled representation, you’ll find that are a lot of laws in place that could apply to your business. For example:
- Finance law is there in the event that a business has to file for bankruptcy. It will protect the investors, business owners, and even customers.
- Privacy law is in place to protect the confidentiality of customers. It does so by securing any private information that a business collects.
- Marketing and advertising law is put in place so that any claims by companies must actually be true and honest.
- Employment and labor laws are put into place to protect employees. Your business lawyer Maryland seeks out to understand these laws will tell you that they require business owners to provide a fair minimum wage, not enlist child labor, enforce overtime rules and wages, and manage personal records.
- Online business law states that business transactions must be regulated, and enforces this. Oftentimes, businesses have online sales and transactions are filed. Understanding the effect online revenue may have on your company can be very beneficial to a business owner.
Intellectual property law helps protect any trademark, copyright, patents or designs that your company has in place or is currently developing.
- Property law allows business owners to file patents so that they can prevent their competitors from using their ideas. The right business lawyer Maryland companies rely upon can be helpful to ensure that you complete all of your necessary paperwork in order to protect your business.
- Workplace safety and health law is put in place to safeguard your employees from unsafe and hazardous conditions and environments. It is crucial that business provide a safe workplace to employees.
The inner workings of business law may be difficult to grasp, as there are many intricacies that are vital to the functioning of the company. As confusing as it may be, not abiding by these laws, regardless of whether or not it was accidental, could ultimately lead to jail time. You should consult with Brown | Gould | Kiely to begin working with a business lawyer Maryland knows can guide companies through this process, and who will be able to ensure that your business follows all regulations that are in place.
Services a Business Lawyer Maryland Offers May Provide
- Contract Disputes: One frequent legal issue that companies often deal with are contract disputes. Some of the most common types of contract disputes our law firm handles include service contracts, real estate, sales contracts, commercial loans, and corporate governance issues. As a Maryland business lawyer, we can resolve even the most complex situations involving contract disputes.
- Partnership and Shareholder Disputes: Business partnerships are similar to marriages. Just like in a marriage, disagreements and disputes can occur between business partners that need to be addressed, either through negotiations to work out the issue, or dissolution to end the partnership. Whatever the situation, you can be assured that our business lawyers are skilled negotiators who will work to get you the best outcome possible.
- Trade Secrets and Restrictive Covenants: We understand how critical it is for a company’s success when it comes to safeguarding trade secrets, proprietary data, and other confidential information. One of the best ways to avoid complicated and distracting litigation in the future is to make sure that all non-compete contracts and restrictive covenants you present to employees are legally solid. Our lawyers will also ensure that all of these documents will comply with any applicable state and federal employment laws.
Contact a Business Lawyer Maryland Clients Count On
Regardless of the nature of your commercial litigation issues, if you are looking for a business lawyer in Maryland, contact Brown | Gould | Kiely today. We are available to meet and discuss what your business needs are and how our lawyers can help.
Call a professional business lawyer Maryland companies recommend to set up an appointment to discuss your case or if you would like to just learn more about our law firm.
How Your Company Can Negotiate Better Distribution Contracts
Through the crafting of an effective distribution agreement, distributors and suppliers can form a very valuable symbiotic relationship. Both parties will be able to obtain mutual benefits through their contract in the form of increased sales volume, higher profit margins and a greater market share. Additionally, and perhaps most importantly, a properly-drafted distribution contract can help to ensure that legal disputes are avoided. The simple fact is that litigation related to a contract dispute can be time-consuming and expensive.
No business wants to deal with unnecessary litigation. Fortunately, the risk of a dispute can be dramatically reduced by working with an experienced Maryland business lawyer from Brown | Gould | Kiely. Each of our business attorneys have extensive experience working with businesses in the geo area and are available to assist your company in all legal needs.
Three Steps to Better Distribution Contracts
- Do Your Due Diligence
One of leading causes of failed business relationships is simply a lack of due diligence. Far too many distributor/supplier relationships run into problems because of the fact that insufficient care was taken to draft and review the agreement. Before getting involved with a partner business, your company needs to know that the other firm is reliable. It cannot be emphasized enough: All distributors and suppliers should engage in an extensive investigative review process before signing on the dotted line. A business lawyer in Maryland can help with this process
- Look to Achieve a Balance
Of course, the most important thing in negotiating a contract is to protect the rights and interests of your company. However, what some negotiators fail to realize is that your company can often get more value by looking to achieve a balance. This does not mean that your company’s interests should take a back seat, but instead that you should look for mutual benefits during negotiations. This is especially important when it comes to distribution contracts as any friction within the relationship between the business could eventually adversely affect both companies.
- Know the Importance of Proper Contract Construction
Finally, perhaps the most important step of contract negotiation is construction of the contract itself. Without proper execution, all the good will created between the businesses during the negotiation does actually mean that much. Value is obtained through execution. This is why distributors and suppliers should always be represented by an experienced business lawyer. Much of the time, contract litigation arises because of sloppy contract construction. By comprehensively addressing all issues during the drafting process, two partner companies will be able to dramatically reduce the chances that they will end up in an undesirable contract dispute.
Do You Need Legal Advice?
An experienced business lawyer Maryland clients trust from Brown | Gould | Kiely is ready to help. If your company is currently negotiating a distribution contract, or if your firm is involved with any type of contract dispute, please do not hesitate to contact our office today for a free review of your case.