Handling business transactions in California can be a challenging process regardless of how familiar you are with how they work. To facilitate daily business transactions and major transactions, as well as ensure your business remains compliant, it is wise to work with an accomplished Irvine business transaction lawyer.

When it comes to doing business, it is important to have thorough contracts and sound legal practices in place for internal and external transactions. Whether it’s a once-in-a-lifetime business acquisition or the handling of daily internal documents, working with an experienced Irvine business transaction lawyer can ensure your peace of mind that your business is operating smoothly through every deal.

An Irvine business transaction lawyer can assist your business with day-to-day matters such as:

• Conducting due diligence
• Creating corporate bylaws
• Dealing with taxes
• Drafting letters of intent
• Forming business entities
• Handling business contracts
• Handling internal documents
• Providing legal advice
• Purchasing businesses
• Structuring deals

Additionally, business transaction attorneys can represent your business in major transitions like mergers, acquisitions, and sales. These larger transactions often involve more risk and uncertainty, so it’s prudent to have an experienced legal professional on your side to help you navigate any complexities. With major transactions, both parties have an attorney on their side to guide them through the process and ensure everything goes smoothly.

No matter the nature of your business, operating it requires completing a variety of different transactions. It’s sensible to work with an Irvine business transaction lawyer to navigate both minor and major transactions to ensure your business remains compliant with California laws.

Common types of business transactions can be classified into the following categories:

Employee Transactions: These refer to actions that manage employee benefits, compensation, and employment status, such as hiring, changes in pay, promotions, and more.

California has among some of the most employee-friendly labor laws in the country, and business owners are liable to uphold them. Transaction lawyers help to ensure businesses stay on top of changes to these laws to keep your employees happy and your business in good shape.

Independent Contractor Transactions: Similar to employee transactions, independent contractor transactions require a business to uphold laws and regulations put in place to protect independent contractors in their employment. Typically, independent contractor transactions are monetary since many businesses only offer benefits to full-time employees.

Client Transactions: These transactions include any exchange between your business and an external customer. Typically, this involves the external party paying you money for goods and/or services.

Vendor Transactions: These transactions refer to any payments you make to a supplier for goods and services. An Irvine business transaction lawyer can help with activities such as reviewing contracts and facilitating deals.

Business litigation lawyers are dedicated to helping your company navigate the legal process once an issue arises and you are going to court. They handle internal legal issues such as employment law disputes, shareholder disputes, and compliance issues. Commercial litigation lawyers focus on issues that arise with other companies or customers, such as contract disputes or issues with sales.

Rather than working on behalf of your business in a courtroom once an issue has occurred, business transaction lawyers work with your business on a daily basis to handle regulatory activities and to ensure issues don’t arise in the first place.

Business transaction lawyers in Irvine, CA can assist you with small transactions that take place every day, as well as large acquisitions and mergers that completely change the dynamic of your business. At The Myers Law Group, we offer a wide range of services that we tailor to your specific business, so you don’t have to worry about the legal parameters of your business transactions.

Q: What Is the Purpose of a Business Transaction Attorney?

A: Business transaction lawyers work with businesses on any legal aspects of their day-to-day dealings, including conducting due diligence, drafting contracts and corporate bylaws, ensuring transactions are legal, facilitating mergers and acquisitions, forming entities, handling taxes, negotiating deals, purchasing businesses, writing letters of intent, and more.

Q: How Much Does a Transactional Lawyer Cost in California?

A: Typically, business transaction lawyers in California charge per hour for their services, but some may have a set flat rate. The exact rates of your Irvine business transaction lawyer depend on a variety of factors, including the transactions they are performing or assisting with on behalf of your business, the time and labor required to complete transactions, and the practice’s price structure for their business.

Q: What Counts as a Business Transaction?

A: In the state of California, you are considered to be doing business if you engage in any transaction for the purpose of financial gain. That said, there are many different types of internal and external business transactions, including acquisitions, business entity formation, mergers, purchases, rent, and sales.

Q: What Are Business Law Transactions?

A: Business transactions cover a wide range of activities that a business can perform on a day-to-day basis, including acquisitions, contracts, mergers, purchases, taxes, and more. Since the practice area is so broad, it is beneficial to work with an Irvine business transaction lawyer who understands the nuances of business transaction law.

Transactional lawyers can be a beneficial addition to your company by helping with both major transactions and daily activities. In addition to taking more responsibilities off your plate, business transaction attorneys can ensure your business stays legally compliant.

Our team at The Myers Law Group has over 90 years of experience handling the many avenues of business transaction law, and we’re ready to provide tailored legal guidance to you for your business transaction needs.

On top of evaluating your immediate needs for your business, our attorneys can help you develop comprehensive practices that facilitate ongoing transactions and help to maintain and expand your business. Our goal is to protect your business’ legal interests so you don’t find yourself dealing with litigation down the road. If you are ready to learn more about our services, get in touch with our team to set up a consultation today.