If you own or run a business, you’re likely keenly aware of all the legalities that are involved in doing so. You need to be aware of labor laws, any and all regulations pertaining to the industry in which you operate, and even issues related to copyrighting and trademarking your company name or logo.
One area that many business owners overlook, however, is employment law. Your employees rely on you to be their advocate when things go wrong, which means it’s in your best interest to have an employment lawyer working on your behalf.
1) Save Time and Money
Legal counsel can help you avoid costly mistakes, save time, and limit your liability by helping you understand your obligations with regard to hiring and managing employees.
While it may seem like a luxury, especially for startups on a budget, paying for legal advice from an employment lawyer can ultimately save you money in terms of time and assets as your business grows.
2) Avoid Government Scrutiny
Making sure you aren’t breaking any labor laws is a top priority for all employers, but with so many rules and regulations to abide by, it can be easy to slip up. An employment lawyer who’s familiar with your state and industry can help you identify potential issues before they snowball into expensive lawsuits.
Depending on your situation, a lawyer may even be able to help you keep employees happy (and productive) if you run into issues of low morale or motivation.
3) Protect Business Reputation
According to a recent study by Towers Watson, 63% of job candidates search on Google before applying for jobs. So it’s very likely that when you hire a new employee, they’ll be able to discover many details about your company online.
Even if your company has never experienced any issues with discrimination or wrongful termination lawsuits, hiring an employment lawyer in New York City can help your business grow by maintaining its good reputation in the public eye.
4) Minimize Liability Risk
Always review your employee handbook and workplace policies to make sure they’re up-to-date, compliant with all applicable laws, and well-communicated.
Though having one is not a guarantee that you won’t be hit with an EEOC complaint or wrongful termination lawsuit, a comprehensive employment manual can help you minimize liability risk. Check out our guide to creating an effective employee handbook here.
5) Reduce Legal Expenses
An employment lawyer can help your business reduce its legal expenses and litigation risk. By establishing a close relationship with an attorney early on, you can get more creative in resolving disputes between employees and save on legal costs in doing so.
A good lawyer will be able to review your contract before it’s signed, giving him or her an opportunity to raise any red flags during negotiation.