LindaHudson

Why Should You Hire a Contract Lawyer?

Apr 14th 2019 at 11:19 PM

A contract lawyer is the one who’s contracted as either an employee or as an independent contractor to the company. A contract attorney is usually hired for a finite period, or for a specific project. A lawyer hired as an employee receives either a salary or hourly compensation.

Hiring a contract lawyer is a lot more beneficial than simply hiring an attorney or law firm as an independent contractor. Even if a company has already employed an in-house legal professional, it is necessary to hire a contract law firm in Beirut Lebanon to meet their work demands or to acquire the specific skill set of the attorney.

Responsibilities

A contract law firm in Beirut Lebanon handles a wide variety of legal issues. They commonly work on tasks appropriate for a general counsel such as:

Corporate Governance

Corporate governance matters are quite complex. Failing to follow appropriate procedure leads to the risk of liability to the company. Thus, a contract attorney advises on the procedures of federal and state governance.

Regulatory Compliance

Every business is subject to numerous regulations. A contract lawyer ensures that all the employees are aware of the appropriate procedures to remain compliant.

Employment Law

Every business is subject to either state or federal employment laws which require extensive disclosures. When a business hires or fires an employee/independent contractor, it is important to comply with these employment laws to avoid a lawsuit. A contract attorney gives advice on the disclosure and notice requirements as well as the process of on-boarding and off-boarding an employee.

Contract Review and Drafting

The contract lawyers are required for drafting and reviewing legal contracts and agreements.

Benefits

Working with a contract law firm in Beirut Lebanon offers the following benefits:

Lower cost

A contract lawyer generally receives an equal or higher salary than a full-time employee or an independent contractor. But a contracted employee usually doesn’t enjoy all the additional benefits (such as retirement contributions, healthcare benefits, vacation days, etc.) that a full-time employee enjoys. This leads to saving a lot of the company’s money.

Specialization

A business almost daily encounters unique legal challenges. This makes it essential for them to find a specialist legal service for a finite or limited period of time. Thus, employing a contracted attorney to address such legal needs can avoid the costs associated with hiring a full-time employee.

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