What does a Business Lawyer actually do?

Do you ever wonder what the phrase business lawyer actually means? Today I shed a light on what a business lawyer does, the approach I take as a business lawyer and the things I don’t do.Firstly, I explain how a business lawyer differs from other lawyers. The areas of law are not dissimilar to medical specialities - there are different kinds of lawyers for different areas of law. If you’re buying or selling a property, you need a conveyancing lawyer, if you've injured yourself,  you need a personal injury lawyer, or if you've been charged with a criminal offence, you need a criminal lawyer. And, if you are running a small business, you need a business lawyer.As a small business owner, you've got so much on your plate already - you're wearing all the hats and you need someone to support you on that. You need somebody to be there with you every step of the way. A business lawyer is your sounding board, your peace of mind and your advisor. They will advise you on what you need to do, what you need to know, how to do it and how to comply with your legal obligations.I run through examples of what can come up for small businesses and the role that a business lawyer plays in helping to resolve those pain points. I also explain my approach to setting businesses up with preventative steps to ensure they avoid situations where they need to call a litigation or dispute resolution lawyer.I am a small business lawyer who focuses on teaching you everything you need to know, supporting you to do it all and setting you up for long-term success so that your business can grow and scale in a sustainable way without coming unstuck later.In this episode I explain:How a business lawyer is different from other lawyersHow a business lawyer assists with the common conundrums and tricky situations small businesses faceThe role of a business lawyer in helping small businesses get the foundations right for long-term successWhy I take a preventative, risk-mitigation approachHow I work with small businesses utilising a high-touch, collaborative approachWhat to consider when choosing a business lawyerIf you’ve ever been unsure of your legal obligations and don’t know how you might go about setting your business up for long-term success, this episode is for you.LINKS:Previous episode mentioned:Ep 105 - Does The Australian Consumer Law Apply To My Business?Connect with Tracey: Get your copy of my Annual Legal Checklist hereWebsite: tmsolicitor.com.auInstagram: https://www.instagram.com/tmsolicitor/Book a Strategy Session with me here