Business Lawyer for CPAs, Insurance Agents and Financial Advisors

Why CPAs, Insurance Agents, and Financial Advisors Need a Small Business Lawyer

When you are setting up shop as a CPA, insurance agent, or financial advisor, you might be highly conscious of your costs, and it might seem like a small business lawyer is an expense that you can spare. However, there are many good reasons why you shouldn’t skip this expense.

Your training and experience as a CPA, insurance agent, or financial advisor makes you well suited for that job. However, when you think about how much you have learned about your specialty, you should realize how much you don’t know about other areas, such as the law. Even if you have some legal expertise, compare it with how much you know about your specialty, and you’ll realize how much more legal knowledge a small business lawyer brings.

Another reason to work with a small business lawyer is that it frees up your time and energy to focus on your clients. The legal aspects of your business are critical, and they need to be dealt with, but having someone else deal with them can make it easier for you to handle the parts of the business you’re good at, and, probably, the ones that you really enjoy.

As a CPA, insurance agent, or financial advisor, your business is tightly constrained by regulations, which can expose you and your business to risk. Even if you think you understand these regulations well, the risks are great enough that it’s worth it to get a second opinion to make sure you’re protected.

Speaking of protection, another potential risk in these lines of work is fraud by clients as well as employees. A small business lawyer can help you write contracts that will safeguard you against many types of fraud. In part, this is by writing strong contracts that also protect your clients, helping to establish clear legal boundaries for your business.

A small business lawyer will also help you protect your personal assets from business risks. Given your financial expertise, you might think you have a handle on this, but, as with regulatory risks, this is important enough that getting a second set of eyes on your documents is worth the cost.

Benefits of Working with a Small Business Attorney

Hiring a small business attorney isn’t just any expense, it’s an investment that will yield significant benefits for your business.

When you work with a small business attorney, you will enjoy benefits like:

• Saving money
• Saving time
• Peace of mind
• Building a strong reputation
• Avoiding legal complications

When you hire an attorney, you might think of the cost, but it will likely end up saving you money. Having strong contracts will help you collect payments on time and help you avoid losing money to clients who don’t pay. Also, having a lawyer look at your regulatory exposure can reduce the number of fines you incur, which can save you significant money.

Having strong contracts that encourage payment on time will save you time that you might otherwise spend tracking down people who don’t pay. It will also resolve many issues up front so you don’t have to constantly negotiate terms with each new client.

You’ll also enjoy peace of mind knowing that you have reduced your risk of major fines and lawsuits. This will not only make it easier for you to focus on providing great service to your clients, but it will also put you in a better mental space to enjoy your off hours.

Having clear, effective, and fair contracts will impress your clients. You’ll get a reputation as a CPA, insurance agent, or financial advisor who is easy to deal with and deals fairly with their clients. This can help you improve your customer base and bring on clients who are themselves easy to deal with and happy for a fair deal. Being known for strong contracts will steer away scammers and fraudsters.

Finally, the key element underlying many of these benefits is that working with an attorney will help you avoid legal complications. Having good contracts heads off many complications, and an attorney can give you advice on how to avoid others as they arise. Beyond help with contracts, a small business attorney can handle a variety of other aspects associated with your business, such as helping you choose the proper business entity, which will help you avoid legal complications down the road.

Comprehensive Legal Services for CPAs Insurance Agents, and Financial Advisors

If you are looking for a small business lawyer, the Law Office of E. C. Lewis can help with most of the legal needs of a CPA, insurance agent, or financial advisor, including:

• Business formation: We can help you select the right legal and tax structure for your business. We can also complete all the paperwork necessary to achieve those structures. If you have partners or investors, we can help you define the responsibilities, ownership, and compensation schedules of the different parties.
• Review business contracts: Your business’ relationship with everyone is defined by contracts. If these contracts are good, it helps to establish positive, profitable relationships. Bad contracts can cost you money or lead to legal complications that may cost you more than money. We can review your contracts to make sure they will benefit you.
• Ensure compliance: There are many regulations that your business must comply with, even beyond the specialized regulations in your industry. We can help you understand the complex regulations surrounding your business and help make sure that you comply with all of them.
• Handling employees: Most small businesses want to grow to the point that they have a small staff. However, hiring employees comes with significant legal implications. We can review your employment contracts and help with other employment law issues if you are too small to support a full-time human resources department.
• Commercial real estate: You might have some experience with real estate. After all, you probably rent or own an apartment or house. However, commercial real estate has some significant differences, and we can help you navigate them. This can include help finding a business location, reviewing the contracts for purchase, sale, or lease of commercial property.

Have a small business legal need not listed here? Give us a call and ask! We can either help or refer you to someone who can.

Why Choose Elizabeth Lewis

Since 2010, Denver small business lawyer Elizabeth Lewis has been helping businesses thrive in the face of legal challenges. This includes successful CPAs, insurance agents, and financial advisors. She has seen many of her clients grow and thrive under her expert legal guidance. Elizabeth is focused on helping small businesses with their legal needs, and she understands the challenges that new and growing businesses face.

Elizabeth is focused on relationships, and she works hard to develop deep ties with her clients. These aren’t just professional transactions; they are personal bonds that make her more attentive to your problems and needs so she can develop innovative solutions that anticipate and head off future complications. You need a lawyer you can trust, and Elizabeth works hard to build that trust over time.

Elizabeth is also a very practical small business attorney. She is dedicated to results, and her goal is always to find solutions that work for you and your business.

To learn how the Law Office of E. C. Lewis can help your CPA, insurance agent, or financial advisor business, please contact us today. We serve small businesses in Denver and throughout Colorado.