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Corporate attorneys are the next biggest thing for startups in India. But before I tell you why this is the case, let me quickly explain the difference between a corporate lawyer and a trial lawyer. While both types of lawyers have the same legal training, lawyers that specialize in organizational workflows and corporate law are essentially termed corporate lawyers. These lawyers are extremely adept at structuring organizational workflow and negotiating legal tenders.

Corporate Structuring

In addition to a massive repository of knowledge on corporate law, these lawyers are well versed with the different types of organizational hierarchies. Depending on company size and type of product/services, corporate lawyers can help plan corporate structure to maximize productivity and efficiently close gaps in communication.

Investments

Every start-up has need of capital, which is majorly provided by angel investors. As the name suggest, angel investors are individuals that give the start-up seed capital in exchange for debt or ownership equity. While these investors do provide a breath of fresh life into your organization, they mostly come with a price - their own agenda. Corporate lawyers can help you navigate this complex maze of funding, by keeping control of your company and avoiding risky sources of capital.

IPO

Every start-up dreams of seeing their company name in flashing lights on the National Stock Exchange of India (NSE), ideally next to an upward pointing green arrow! To do this however, your company needs to first go through an Initial Public Offering (IPO). This is where corporate attorneys shine brightest, offering you advice on when to engage in IPO for best tax returns and share option for your employees. Their expertise in this field is unparalleled.

Legal Compliance

No one expects to go face legal struggle, but it is always better to be prepared. As your start-up grows larger, it falls under much more scrutiny by governmental bodies and other regulatory authorities. Legal compliance can play a huge role in preventing any unwanted legal fuss.

Intellectual Property Rights

In this digital age, intellectual property rights are the only solution to defending your creative efforts. Hiring an expert intellectual property lawyer is paramount, especially for companies that leverage creative and unique products or services.

As a parting note, I’d like to bring to your attention that hiring a corporate lawyer as part of your founding team turns out to be much cheaper, than hiring individual services of a law firm when faced with legal complications!

For information regarding the best corporate lawyers in your area, head on over to the Lawyered site here