Share This Article
If you are looking to start a new business or are running an existing one, it is important to have the right legal advice. This includes making sure that you have the proper documents in place such as an incorporation and bylaws.
Corporate lawyers help businesses of all sizes with their day-to-day legal needs. They provide advice on issues such as employee relations, real estate matters and finance.
Incorporation
If you’re a business owner in the Philadelphia area, you may be interested in turning your company into a corporation. This can be done by filing articles of incorporation with the state where you plan to conduct business.
You’ll also need to name a registered agent to receive important legal and tax documents on behalf of your business. The registered agent must be available to accept and forward these types of items during normal business hours.
The process of incorporating your company can be complex, but it’s worth the effort for the benefits it can provide. An experienced attorney can help you through the entire process of forming a corporation.
Bylaws
Bylaws are a vital part of the business of a corporation and provide important guidance for how the company will operate. They are typically created by the board of directors and may be amended over time as the company grows and changes.
They help ensure that the company complies with all laws and regulations. They also give the corporation legitimacy if someone challenges its corporate status, or if the company faces a lawsuit.
Shareholders’ Meetings
Shareholder meetings are an essential part of the life cycle of many public and private companies. The process starts with a legal notice that advertises the date and time of the meeting.
These meetings are often accompanied by an agenda that details the topics of discussion and any special resolutions that will be submitted to the meeting.
Stakeholders are encouraged to attend these meetings and participate in the discussions. They may also submit proposals to the company that address environmental, social or governance issues.
Contracts
Contracts are a staple of business transactions, from purchase and sale of goods and services to employment agreements and independent contractor arrangements. If a dispute arises, an experienced Philadelphia breach of contract lawyer can assist in resolving the issue and protecting your business interests.
Businesses rely on contracts to ensure their smooth operations. However, issues can arise if a contract is not properly drafted or reviewed.
The City of Philadelphia awards contracts in a variety of categories, including professional services, public works and concessions. To bid on a City contract, you must register on either eContract Philly or PHLContracts and adhere to labor standards and diversity and inclusion goals.
Securities Lawyer
If you’re interested in a career in corporate law, you might want to consider pursuing the area of securities law. These attorneys help investors protect themselves against stockbroker fraud and other types of misconduct.
Security lawyers also help corporations comply with securities laws and regulations that are designed to benefit consumers. They often handle the transactional work involved with initial public offerings, private sales of securities, and mergers and acquisitions.
Securities litigation is an incredibly specialized and complex practice. These cases can involve parallel civil, regulatory and criminal actions or investigations.
Contract Lawyer
A contract lawyer in Philadelphia knows how to help businesses with contracts and other legal concerns. They are familiar with all the regulations and laws that apply to specific agreements and are aware of the latest court decisions about a particular area of law.
These professionals are also skilled negotiators who will understand how to protect their clients’ interests when they sign contracts. Whether it’s a lease or sales agreement, they will help their clients understand the terms and make sure that they are legally enforceable.
Business Lawyer
Corporate lawyers in Philadelphia are available to help business owners navigate a wide range of legal issues, from formation and licensing to employment law and contracts. They can also represent businesses in court when necessary.
For example, a company may need to file for an EIN number as part of the business formation process. This is a tax identification number that can be used by a company to report its income and pay taxes on it.
A business lawyer will help ensure that your business is following the right tax laws and finding deductions and credits to reduce its tax bill. They can also make sure that your employees’ compensation is compliant with state and federal laws.
