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Posted by on October 30, 2020

What is a Corporate Lawyer?

Corporate lawyers give advice to their clients on the legality of various things like corporate transactions, responsibilities, disputes of workers, etc. Some of them preferred to work for a company or a firm but most of them are self-employed.

What does a California Business Attorney do?                                                                               

The job of a lawyer is as crucial as a business lawyer. Whether it’s a multimillionaire company or a small scale company, their work is to protect their client from the scams. They will keep an eye on the transactions between the two companies, organizing/setting up a new firm or dissolving an existing one; they have to manage everything. The California Business Attorney also draft documents and also checks out what are the taxes to pay and how much is being paid. One of their major jobs is to negotiate deals to ensure that there is no damage occurring to the client. Some common areas in which they work are:

  • Raising Capital – Licensing Technology

Most of the new business person thinks that hiring a corporate lawyer will cost a fortune to them, but this is not true.

Most major work here is to set-up the appropriate financial structure for attracting the investors.

If a Californian industrialist starting up fresh then the lawyer will help them in raising funds, co-ordinate a meeting with the investors, transactions, drafting of articles, etc.

  • Amalgamate & Investment- Financial Statements

This is the trickiest part of a business no matter where you stand. If a client is wishing to invest in your company or you want to merge with an another company, first the lawyer will do a whole lot of research on the real estate value of the property, financial stability of the agency, conditions, and agreements of the corporation, legal status of the corporation and its owner, interest of the majority of shareholders, partnership interest, the ability of the employees to achieve targets.

  • Selling of corporate securities- Trading of Stock

When a company wishes to sell it’s some of the shares to the public, then usually the lawyer prepares a report on its market value. They also regulate what information is to be given to the buyers and helps in issuing the stock, client diversity of the organization.

Why hire a Californian Corporate lawyer?

  1. Incorporation: Personal Tax Savers

It is the formation of a new corporation. The corporation can be a business or non-profit organization in a new city or state.

  1. You have limited liability of your company.
  2. Transfer or selling of shares to raise the capital.
  3. Flexibility of transferring the ownership if you are willing to dissolve it.
  4. The capacity to plead.

 

  1. Corporate Governance: Equality within

It is the system by which organizations are able to maintain a healthy relationship between its stakeholders and management.

  1. To ensure equitable behavior with all shareholders.
  2. To avoid abuse of corporate power.
  3. Financial controls, disclosure, and transparency of financial and other matters.
  4. Limiting remuneration.

 

  1. Corporate Restructuring: Adaptation to new

It is the act of reorganizing the legal ownership, economic, or other structural conditions of a company to place in a better position at its present.

It makes the company more profitable.

  1. Selling un-profitable assets.
  2. Reducing staff.
  3. Revising of labor contracts.
  4. Conducting a PR campaign for publicity.

Revising the company’s account.

Posted in: Legal

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