How to hire a lawyer in Malaysia?
Business structure can vary as widely as the types of businesses that use them. When setting up a business, choosing the right structure such as sole proprietor, partnership, corporations or limited liability companies can be critical to the success of the company.
There are 2 professionals every business when need to start on such as a lawyer & an accountant. Companies that hire an accountant to help you set up your accountant matters and review your numbers periodically, and prepare all of your necessary federal, state and local tax returns. One of the reason for hiring a business lawyer may not, however, be so apparent. A good business lawyer will provide assistance in almost every problem of your business and protects business owners’, from basic law compliance, copyright and trademark advice to formal the business incorporation and lawsuits & liability. First, some general rules regarding to deal with lawyers:
- It is too late, If you are being sued. Most of the small businesses or company not intend to hire a lawyer until they are bring sued or received a summons with related authority. The good time to hire up with a good business lawyer is before you are sued by other. it is bad mistake if you have been served with a complaint & summons, because the problem or the issue has already happened. This will cost you a lot to pay for court cost, lawyers’ fee, settlements and other expenses that occurred to solve the problem.
- Big law firm or small law firm? Roughly speaking, the bigger law firm, the higher overhead, thus the higher hourly rates you will be expected to pay it. However, larger firms have a number of advantages over smaller law firm. But if you can find a solo lawyer or smaller firm as you company lawyer could handle your lawsuits, negotiate your lease of office or shop lot, trademark of your brand, draft an agreement, advise of labor law, you would save a lot of money due to lower hourly rates.
Types of Lawyers as below:
- Contracts
- Business Organizations
- Property or Real estate
- Taxes and Licenses
- Family & Divorce
- Intellectual Property
- Civil Litigation
- Bankruptcy
- Criminal Defense