A lot of the more successful business owners are faced with at least one legal issue in their careers. These issues cannot be solved without a professional business lawyer. A business lawyer doesn't only represent your company in court, but they are also fully trained to handle complicated legal contracts and negotiate mergers. Here are just three of the many responsibilities of a business lawyer.

Building Business Structures

In case you are considering opening up a new business, you're probably unaware of what a business structure really entails. As a result, you have to resort to contacting a building lawyer who can draw one up for you. Once the lawyer starts working on your business structure, he will consider a lot of variables such as legal liabilities, payrolls, account taxes, and so on.

Furthermore, you may have trouble deciding how to register your company. For example, do you register it as a sole trader and agree to be held liable for any business-related debts that may arise? Or perhaps you don't know if it may be a good idea to partner up with someone else and have the legal liabilities divided equally between you.  In any of these cases, your business lawyer will be able to inform you of the pros and cons of each decision and guide you to what he deems is the right choice for you.

Vetting Business Contracts

During your career as CEO, you will be interacting with various other companies through buy/sell contracts. In these cases, your business lawyer can draft up a contract or even figure out if there are any unlawful prints in the offered contract. A business lawyer is trained to spot out any grey areas in the contract that could negatively impact your business. A professional lawyer is also able to make recommendations of suitable contract changes that might bring out more profit for you.

Protecting the Business' Intellectual Property

In terms of protecting your business' intellectual property, there's no better person than a business lawyer. Registering your trademark, copyrights, as well as patent application are all techniques that your lawyer can use to protect your intellectual property.

Whenever you feel that a corporation infringed on your intellectual property, your lawyer will begin something known as a "passing off". A "passing off" is basically a legal complaint started against a company that created a similar brand or logo, thus infringing on your intellectual property. To be able to prove your case, the business lawyer must be capable of proving that your company suffered a major loss because of the infringement and that the accused firm misrepresented their brand name.