Chicago is home to some of the best corporate law firms in the country. From boutique law firms with focused practice areas to large firms with thousands of lawyers and offices around the world, there is likely a firm in the city that can meet the needs of your business.
The following are important questions to ask when choosing the best corporate law firm for your business:
1. What kind of business am I operating?
No two businesses are exactly alike, and different organizations have different needs. Size is a major factor in determining the type of law firm to hire for a new business. Whether operating as a sole proprietor, partnership, corporation or LLC, it is important to find a law firm that can handle your needs. The representation that works for a multimillion-dollar corporation is not necessarily ideal for a small business. Small business owners should seek out a firm that focuses on representing small businesses. Generally that will be a firm that is also small in size.
2. What kind of support will I need form a corporate law firm?
While some lawyers claim to be well versed in all things legal, most have specialty practice areas. It is best to find an attorney whose expertise aligns with the interests of your business. Will you be purchasing real estate? Seek out a law firm that has commercial real estate expertise. Will your business employ a large number of people? Find an attorney who focuses in employment law. If your business will deal with intellectual property or patents, find a firm that is experienced in those areas. Find representation that focuses in the kind of support you need.
3. What can I afford?
Legal services have a reputation for being expensive. While its true that legal expenses can be pricy, it’s important to consider the value of the advice and guidance you will be receiving. This value makes the choice of firm all the more important. Find a law firm that will give you the most bang for your buck. Smaller firms tend to have lower hourly rates and are not driven by volume, and thus can devote more attention to individuals.
4. What is in store for the future?
The needs a business has at the onset may not necessarily be the same a month, a year or a decade down the road. Businesses grow, evolve and, unfortunately, may have to close. Anticipating potential changes can be important when selecting a law firm. It is important to find an experienced firm that will be able to adapt to your business’ future needs.
Carlson Dash is an ideal choice for small to mid-size businesses seeking legal solutions. We offer full-service treatment in a firm small enough to provide our clients with the attention they need. Our specialties run the gamut from commercial real estate and employment law to finance and insolvency. We employ a team approach, combining our expertise to create a well-rounded legal strategy for the businesses we represent.
This document is intended for informational purposes only and is not legal advice or a substitute for consultation with a licensed legal professional in a particular case or circumstance.
