Answers to commonly asked questions from the experts on Thervo.
How much does a business attorney cost?
A business attorney typically charges $150 to $500 per hour, depending on the location, their experience level, and the complexity of the case. Some business attorneys charge a flat fee of $200 to $2,000 for certain services like reviewing contracts or forming an LLC.
Other attorneys charge a retainer fee, which is similar to a down payment on future services. Having an attorney on retainer is expensive but useful when unexpected issues arise.
What does a business attorney do?
A business attorney, also known as a corporate or commercial attorney, specializes in any issue that affects a business. This includes taxes, intellectual property, and business creation. Common duties include:
Planning and creating a business
Filing court documents
Overseeing trials or hearings
Writing contracts
Settling disputes
Help with mergers
Obtaining depositions
Do I need a business attorney?
If you plan to start a small business or already own a business of some kind, you may want to hire or consult a business attorney. Managing disputes or filing the necessary court documents can be daunting without legal aid. Different business types that benefit from business attorneys include:
Nonprofit
Partnership
Corporation
Joint Venture
Limited Liability Company (LLC)
How long does it take to start a business?
Starting a business takes about 6 to 12 months on average, depending on the type. Conventional brick-and-mortar businesses like stores, clothing lines, and restaurants take 1 to 2 years to launch and get customers. Online businesses take 3 to 6 months and are often easier to start and maintain.
What should I bring to a meeting with a business attorney?
New clients should gather as many of these relevant documents as possible and bring them to their initial consultation:
A summary of a business plan
Bank account information
A lease or list of prospective properties
Names of any current employees or partners
Payroll information
List of investors
Any contracts
How do I choose a business attorney?
Search our list of business attorneys, then:
Compare 3+ estimates from different firms.
Read reviews of previous cases on Thervo and Google.
Choose an attorney with a good reputation and experience.
Verify that they passed the bar and are able to represent you.
Choose an attorney who makes you feel comfortable and at ease.
Choose a firm that is located near you if possible.
Get a written estimate and contract before casework begins.
· Follow a payment plan if possible.
What questions should I ask a business attorney?
When looking for an attorney near you, consider asking the following questions:
How long have you been practicing business law?
When did you pass the bar?
Do you give free consultations?
Are you able to take on new clients at this time?
Will anyone else be working on my case?
What are your rates? Do you charge by the hour or have a retainer fee?
Will you give me a contract in writing?
Reviews for Ashburn business lawyers
Recent success stories from people in the Ashburn area.
Ruel M.
Effective, timely and pleasant
Katje Law Group, APC
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