Featured

'Why your SME business needs a solicitor' by Scott Bailey LLP Lymington and Lyndhurst New Forest

Every business needs a safety net!

Six good reasons why you need a solicitor for your business

Deer looking scared

Why Your SME Business Needs a Solicitor: The Amusingly Serious Truth

ben ironmonger

"Running a small or medium-sized enterprise (SME) is like juggling flaming torches while riding a unicycle on a tightrope. There is a thrill there, but the risks are also very real. In the circus of business, every SME owner needs a safety net, and that's where a solicitor comes in. Here are some good reasons, with some truly awful legal puns, as to why your business should have a solicitor on speed dial." 

And in the continuing words of Ben Ironmonger...

'Because "Doing it Yourself" only works for IKEA Furniture - and even then, maybe not…'

You might think you can handle legal matters the same way you handle assembling a flat-pack bookshelf—by not following the manual and using brute force – or maybe that’s just me! However, unlike a dodgy flatpack, a poorly handled contract or legal misstep can’t be fixed with glue. Commercial solicitors are your legal handymen, ensuring that every legal "shelf" is level and secure.

'Oops, I Didn’t Know That Was Unlawful'

The legal landscape is filled with hidden traps, and one stumble can send you tumbling into a costly hole. Ignorance is no defence in court, and those "nobody told me" moments can be expensive. Building a relationship with a decent business solicitor can help ensure you navigate the legal terrain safely, saving you from the costly blunders of non-compliance.

Prevention is Better Than The Cure

Contracts are the backbone of any business relationship (whether or not they are written down). But they can also be as confusing as hieroglyphics. A contract solicitor can help translate the legal jargon, ensuring you don’t sign away your office cat, or agree to terms that could sink your business.

Employment Headaches: Solved Before They Start

Hiring, firing, and managing employees come with a Pandora’s box of legal obligations (and they’re constantly changing!). Missteps here can lead to tribunals, fines, and a workplace atmosphere colder than a winter’s night. An employment solicitor can help you create sound employment contracts and policies, ensuring that you stay on the right side of the law and maintain a happy, productive team.

Intellectual Property: Guarding Your Business Crown Jewels

Your ideas, brand, and innovations are the crown jewels of your business. Protecting them from theft or misuse is crucial. A solicitor can help you navigate the complexities of intellectual property law, ensuring your business assets are well-guarded against copycats and competitors. NDAs, licences, sub-licences, royalties, registrations? Your solicitor is there for you.

Business Disputes: Your Strategic Partner

Even in the most amicable business environments, disputes can arise. Whether it’s a disagreement with a supplier, a customer, or even within your own business, an experienced solicitor can be a brilliant strategic partner during tough negotiations and stressful times. They can help protect your interests, act in your interest, and ensure disputes are resolved swiftly and fairly, minimising disruptions to your business and allowing you to focus on what matters most. If peace of mind and time are important to you, then engaging a solicitor to take the strain in disputes can make a lot of sense.

Your Business’s Best Friend

...well, maybe after your accountant… and your insurance broker… and the website developer… ok, we’re up there somewhere!

A solicitor is more than just a legal advisor; your lawyer is your business’s friend, confidant, and protector... helping ensure you’re not only compliant, but also competitive; steering you clear of legal pitfalls so you can focus on what you do best: growing your business. So, invest in a good solicitor, and keep your business juggling act a spectacular success. After all, in the circus of business, it’s always good to have someone who can catch you if you fall (pardon the puns!).

 

About Scott Bailey LLP

Founded in 1930, Scott Bailey has grown to become a leading firm in the New Forest, providing a full range of legal services to private individuals and businesses. Services for individuals include Residential Conveyancing, Divorce, Family, Wills Trusts & Probate, Litigation & Disputes.

SME business legal services include Corporate, Commercial, Intellectual Property, Dispute Resolution, Landlord & Tenant, Insolvency and Employment Law. Scott Bailey LLP is one of only a very few firms based in the New Forest providing these specialist services. 

The first firm in the region to receive the Law Society's prestigious LEXCEL award for high standards of practice management and customer care, Scott Bailey LLP promises top-quality, professional help from a team of expert solicitors who will put your best interests at the heart of their work.

Scott Bailey was delighted and proud to win "Business of the Year" at the 2023 New Forest Brilliance in Business Awards - read story here.

SIGN UP TO OUR 'WHAT'S ON' NEWSLETTER

Your message here