What Can a Columbus Business Lawyer Do for You? Running a business can present many legal issues. They may be there whether you buy an existing business or invest in a going operation. An experienced business lawyer can help in either case. A Columbus business lawyer can review existing contracts, provide up-to-date information about the regulatory environment and generally assist with your due diligence.
If you are starting a new business, a business lawyer can help you identify the best form for your purposes, whether that is a limited liability partnership, a C corporation, or other form. There are a host of other start-up issues and your start-up team should probably include an experienced Columbus business lawyer.
Once a business is up and running, legal issues are sure to crop up on a daily basis. It is best practice to have a relationship with a great business lawyer who is always at the ready to help you manage your legal issues.
How Much Does a Business Lawyer in Columbus Cost? The cost of a business lawyer in Columbus depends on several factors. The kind of legal issue on which the lawyer is working affects their fee. One type of fee is the contingency fee. A lawyer will collect a contingency fee if a business lawyer represents a business as a plaintiff in a personal injury or product liability lawsuit. This is a percentage of the money the lawyer recovers for your business. The percentage ranges from 30 to 35% of the recovered amount if the case is settled early, to 40 to 45% if the case goes to trial.
If a lawyer is reviewing a contract, they may charge either an hourly fee or a flat fee for contract review and negotiation. An hourly fee can vary from $100 to $500 per hour. Large, big city firms are going to charge more than smaller firms or sole practitioners in suburban areas.
