COMMERCIAL LAW

In today’s world, there are numerous issues that arise daily for businesses trying to succeed. Whether these issues are internal or external, sometimes a commercial attorney is necessary to help a business prosper.

Commercial law does not only include helping clients in litigation.  There are many internal issues that arise in a business that commercial lawyers assist with, including: forming corporations and partnerships, filing trademarks and copyrights, drafting operating agreements, contracts, merger and acquisition deals, and other important business documents to help clients avoid litigation in the future.

Commercial litigation is a specialty of law that deals with business transactions. When you have a dispute with a business, it is important to find a commercial litigation attorney who specializes in that area of the law. When other companies or individuals take advantage of you, it is not easy to navigate the complex laws and regulations that may or may not apply to your situation.  Commercial litigation attorneys can resolve a multitude of business issues by helping corporations fight unfair actions of competitors, bring claims against those who breach their financial agreements, and protect businesses from the illegal acts of officers, directors or partners.

At The Potts Law Firm, our team of highly experienced commercial litigation lawyers are here to help you, no matter the issues you are facing with your company. Contact us today to schedule a free consultation with one of our attorneys.

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types of commercial law claims we handle

FREQUENTLY ASKED QUESTIONS

Commerical litigation is a broad term that covers just about every dispute related to business, including: breach of contract, partnership disputes, breach of fiduciary duty claims by corporations, shareholder derivative actions, deceptive trade practices act, and unfair competition or business practices.

Whether one should create a formal business entity will depend on their individual circumstances.  Generally, there are corporations, partnerships, limited liability companies and sole proprietorships.  Each has distinct advantages related to liability and taxes that should be considered before deciding which to form.

While there is no legal requirement that contracts be drafted by an attorney, it is generally a good idea to do so.  Given the vast number of laws, regulations and rules in most industries, having an attorney draft your contracts will better protect you from future exposure and provide you the best way to protect your business.

This means that the law firm will work on your case and usually advance the expenses of litigation, but will not charge you unless and until they recover money damages for you.

Yes, most of the time as you’ve just read. There are a few exceptions when a law firm might not pay up-front expenses of a personal injury lawsuit. The first instance is when the case is not very strong but the client still wishes to go ahead with the lawsuit. An attorney may not wish to undertake all the high financial risk of a tenuous case by paying all the up-front expenses and relying only on a contingency fee. Another instance occurs where a reasonable settlement offer is made to the client but the client refuses to accept the offer against the advice of the law firm. If the client wishes to continue to pursue the case in the hope of receiving more money, the client will need to pay for future expenses and may be required to reimburse the law firm for prior expenses.

No, you will not owe the firm/attorney anything if we don’t win your case, this is a gamble that the firm takes and must consider when taking a new case.

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