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5 Reasons Why a Lawyer is a Must-Have for Your Business
When we think of a lawyer, the first image that comes to our mind is that of a person arguing for his or her client in a court of law. Though lawyers do appear in courts to defend their clients, they do a whole lot of other things too, especially in the corporate world.
Let's look at some of the ways through which they add value to a business, thereby making them a must-have for every business.
Drafting business contracts
The most common reason for hiring lawyers is to draft business contracts and other legally binding agreements. Since lawyers know the right language that has to be used in such legal documents, their help is often taken to draft these documents.
Many times, negotiations happen between two or more parties before a formal agreement is signed. Lawyers are hired to oversee this negotiation process to ensure that the terms agreed upon by both the parties are according to the prevailing laws and regulations.
Educate employees about applicable laws
A good law firm like Benson & Bingham can educate employees about their rights and responsibilities. Providing such information is mandated by many regulatory bodies and it is a part of the compliance process. In addition, educating ... more

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