Las Vegas Startup Attorneys & Lawyers

Why Hire a Startup Lawyer?

Starting a business isn't for the faint of heart. It requires dedication, attention to detail, and a business plan that's guaranteed to turn into a valuable enterprise. However, many startups fail to realize the importance of an attorney to handle their non-business needs.

• Providing a bevy of great services
  • Even the most savvy startup owner isn't always the best at handling all aspects of the business. Fortunately, a top-notch startup attorney can handle some of the workload. Some of these aspects include settling disputes, drafting contracts, hiring employees, and protecting intellectual property.
• Building a winning culture
  • The earlier you hire a lawyer, the sooner they can make a positive impact on your business. Using a data-driven approach and analytical thinking, they can weigh-in on decisions, draft plans of action, and execute business plans. This builds a winning culture that rubs off on your employees.
• Offering intangible value
  • It's easy to measure a businesses' success on charts, numbers, and financial statements. However, a startup attorney can add intangible value. They can provide solutions to problems with critical thinking, advise you on early decisions that provide new opportunities, and provide suggestions when other members of your team don't have the necessary expertise. With these assets, a great startup lawyer can eventually turn these intangible traits into something of value on paper.
• Compliance with state and legal law
  • Starting a business requires you to follow the laws set out by the state and federal government. The problem is that they are exhaustive. There are tons of things to do and read through, but with a startup lawyer, it's all a bit easier. They'll advise you on every aspect of setting up your business such as how to incorporate, tax considerations, and more.
  • In Nevada, your lawyer can also help you go through all the steps for a new business. This includes:
    • Incorporation
    • Obtaining a fictitious name
    • Getting a state business license
    • Obtaining any special permits
    • Getting a Las Vegas business license
    • Buying insurance

How to Find the Best Startup Lawyer

Now that you know all a startup attorney can offer, it's time to start your search. However, finding one isn't as easy as it seems.

• Pick the right size firm
  • To have a successful start, businesses need constant attention from their attorneys. Day or night, this attorney should remain a phone call away in case of any problems that arise. That leaves two options. A larger firm usually has loads of experience in startup ventures, yet they may not have the attention to detail you require. Solo practitioners and small firms are another choice that will give you constant attention out of necessity. To them, you are an asset and an important revenue stream. Without your business, they can't survive. Both have their advantages, so it's up to you to choose which one blends with your style and industry.
• Style of Communication
  • To get the most out of your lawyer, you need a style of communication that gels. Having an attorney that isn't sociable when you're talkative, or prefers emails when you're an in-person type, are troublesome signs. That's why you need to find an attorney that has the same type of communication style.
• Ask for referrals and experience
  • As soon as you begin your search, remember that experience is the best asset a startup lawyer has. The more time they have working with startups, the more knowledge they've obtained. However, you should make sure that they have experience in your industry. A startup lawyer that specializes in retail ventures isn't much good to a tech company.
  • Referrals from other startups are another way to find your lawyer. If you've met with the lawyer, ask them for testimonials or referrals from some of their past clients. This will help you find out if this lawyer is truly the one you want.
• Don't cut legal costs
  
  • Cutting costs is how a business can create a positive cash flow, yet few know that skimping on a startup attorney is bad for business. It does save you money up front, but may not in the future. Hiring an attorney that knows how to make your business excel is worth its weight in gold.

Questions for Startup Lawyer

• Do you work with similar companies?
  • When you pick a startup lawyer, you need someone who's familiar with your business model and plans. If they aren't, you're headed for trouble. In addition, if they have worked with similar companies, make sure they're willing to share their knowledge with you.
• How much experience do you have with technology?
  • Most startup businesses have some aspect of their venture that revolves around technology. Whether its customer support, sales, or something else, you need a startup attorney that's up-to-date on these details. Instead of familiarization with Microsoft, you need someone who knows Facebook and social media. It's in your best interest to find someone that has the online knowledge to keep your business going strong.