Are you thinking about starting a business? Maybe you already have a small business and are ready to take it to the next level, or another business contacted you and is interested in acquiring your company. Many business owners are often faced with such life-changing decisions that impact themselves and the future of their business. A Costa Mesa business transaction lawyer can lead you through this process while safeguarding your business interests.

The legal team at The Myers Law Group has over 90 years of combined experience in business law, including protecting your intellectual property, contract terms, and negotiation, and offering legal counsel in establishing a business in California. Our dedicated legal team takes a proactive approach to help you achieve your business goals. We take pride in welcoming you to our Costa Mesa law firm, providing a customized legal plan, and treating you like family.

Transactional law encompasses the legal processes of carrying out business transactions between corporations, individuals, organizations, and small businesses. It concentrates on using correct verbiage to draft contracts, strategic negotiation tactics, the due diligence process, long-term business planning, and regulatory compliance, in addition to business formation and mergers and acquisitions.

Areas that are included in transaction law are: 

• Franchises
• Contracts and agreements
• Corporate law
• Mergers and acquisitions
• Commercial law
• Regulatory compliance
• Intellectual Property

Transactional law reduces risks by protecting your business interests and assets. However, these transactions often involve operational consequences, liability, and long-term tax issues that can be difficult to unwind once documents are finalized. For this reason, having an experienced attorney involved early can help prevent costly mistakes.

According to the US Small Business Association, 9,768 new businesses opened in California between 2020 and 2021. Hiring a business transaction lawyer is to your advantage, especially if you hire them at the onset of a transaction, such as opening a business. You can overlook some important things when you start a business. An attorney reviewing your paperwork and helping you set up your business can eliminate unnecessary problems in the future.

Other reasons why you may want to hire a business transaction lawyer: 

• To oversee the due diligence process and advise on the findings
• To discuss appropriate negotiation strategies
• To handle all aspects of the merger and acquisition
• To identify and mitigate risks so your business is not in jeopardy
• To provide guidance and draft business contracts

Contract litigation is not easy to manage without skilled legal counsel. Hiring a local attorney can ensure your rights are protected when disputes arise. These cases often involve strict deadlines, complex legal language, and significant financial risk. Our lawyers in Costa Mesa understand California contract law, negotiate effectively, and can represent you confidently at the Orange County Superior Court if litigation becomes necessary in your case.

The cost of a business transaction lawyer depends on a few factors. Legal fees depend on the intricacies of your case, the kind of business transaction you are contemplating, and how long it takes to finalize the transaction. Another factor that dictates the legal fee is the attorney’s success rate, experience, and legal knowledge. Some attorneys have a set hourly rate, while others have a contingency fee. Each case is different, as are the applicable fees.

A business transaction lawyer is an integral part of your business transaction. He or she examines supporting documents, communicates discrepancies, identifies risks, negotiates terms, and proactively mitigates issues. Their goal is to prevent a legal dispute before it happens while protecting the integrity and reputation of your business, be it a large corporation or a family-owned small business.

However, should you find yourself in a business dispute, you may want a business litigation attorney. A business litigation lawyer represents a business in court during a dispute, whether it be a contract, intellectual property, or employee claim dispute. Litigation attorneys defend a company and present their case to the court system.

What Types of Business Transactions Does a Costa Mesa Business Transaction Lawyer Handle?

A Costa Mesa business transaction lawyer handles several types of business transactions. These transactions include starting your business, mergers and acquisitions, purchasing a franchise, and selling your company outright.

Additionally, business transaction attorneys also handle employment claims, contracts, and negotiation oversight, business planning, regulatory compliance, and other business agreements.

When Should I Hire a Costa Mesa Business Transaction Lawyer for a Deal or Agreement?

You should hire a business transaction lawyer for a deal or agreement in Costa Mesa if you have a company that is looking to expand, is thinking about merging with another entity, or if you are an individual who is thinking about opening a business.

Having a business transaction attorney review your business documents from the beginning helps to protect your company from unforeseen issues that could arise during the transaction.

How Can a Business Transaction Lawyer Help Protect My Company During Mergers or Acquisitions?

A business transaction lawyer can help protect my company during mergers and acquisitions in various ways. Mergers and acquisitions are one of the most complicated transactions, and having legal counsel to oversee this can protect your financial risks, in addition to your intellectual property and confidential information.

The business transaction attorney oversees this transaction and safeguards your personal and professional goals. He or she reviews key documents to identify risks and offers legal advice to mitigate them.

What Role Does a Costa Mesa Business Transaction Attorney Play in Contract Drafting and Negotiation?

A Costa Mesa business transaction attorney plays a significant role in drafting contracts and negotiations. Their primary goal is to use appropriate legal terms throughout your contract and strategically negotiate with the other party’s lawyer. Thus, protecting your corporate interests and mitigating risks.

When you include the experience and knowledge of a business transaction attorney, you draw on their business acumen and legal insight to guide you through each step of the contract and negotiation stage of the transaction.

Deciding to embark on a business transaction can be overwhelming and confusing. Our legal team at The Myers Law Group can give you peace of mind by guiding you through each phase of your business transaction. Our dedicated and knowledgeable attorneys in Costa Mesa are ready to help. Contact us today to schedule a consultation.