Not all businesses in Utah have their own attorney. Many businesses throughout the state are small to medium-sized. They’re large enough to need legal input on sophisticated business matters but aren’t yet prepared to hire an in-house counsel.
To address their legal and business law needs, these growing companies work with a knowledgeable Utah law firm that acts as their external general counsel. This structure provides much of the same legal support as an in-house counsel or attorney staff does.
It’s important for the business to work with an external lawyer who’s familiar with the growing company’s legal issues in Utah. They must be familiar with the legal issues the business is currently facing as well as those it will face in the future.
The business lawyer is there to help the business develop strategies to address and manage the business’s risks. Acquiring an in-depth understanding of the business and its leadership is essential to the task, allowing for the provision of legal support that meets the company’s requirements and operating budget.
Regardless of your industry or financial goals, your business needs experienced legal resources. If you have questions about business law in Utah, contact Terry Spencer today.