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The world of business is moving at a fast pace and taking care of all tasks including meeting legal requirements and planning may be challenging. Complying with legal requirements is a mandatory need that every business should fulfill. This makes hiring a business lawyer a vital decision that will ensure compliance with copyright laws and the legal restrictions placed by the local authorities. A law firm is a perfect choice for a business in a highly competitive field because most of these firms have professionals in all categories and their experience with the business world is sufficient to cater for all the legal demands a business may have. 

Taxes and licenses

Although an accountant will prepare all the necessary reports and information, the legal aspect of taxation and licensing may stall the business in the absence of attorneys. Most law firms help companies in getting help with the firms taxes abroad and are able to handle international business laws. So, in the event a company is implicated for flouting licensing requirements, a law firm will intervene to clear the case.

Intellectual property

Lawyers understand federal trademark and protection rights for products, so a law firm will definitely help a company to register a trademark and obtain copyright with the federal union. These tasks are usually handled by professional attorneys who specialize in intellectual property laws, so a law firm is likely to offer a perfect match for a company when looking to register intellectual property.

Seamless networking

No lawyer can perform all the tasks a company needs effectively, so working with a group is better and would mean more accurate results. The law firm can offer professionals who will diagnose minor and major problems and recommend the right procedures to correct errors that could cost the company a lot if the law is applied.

Litigation

Mistakes happen every day and this could see a company receive a letter to appear in court because of certain violations. If the lawyer hired is not all-round, the company is likely to lose the case, which would mean heavy fines. A law firm works with professionals in all categories and will offer targeted solutions.

These are exponential times; nowhere is this more obvious than the world of B2B e-commerce. Gone the days when procurement managers entertained with lavish meals and Christmas hampers to keep order books stuffed like roast turkeys. Stacks of faded catalogues and long term telephone conversations with attractively voiced receptionists now make way for swifter, automated on-line transactions turning business markets into a labyrinth of both closed and public networks.

High revenue B2B accounts create a potentially massive market place which has not escaped the notice of e-commerce giants like Amazon and Alibaba whose slick, professional platforms make B2B buying as easy and enjoyable as much-loved B2C on-line shopping. Petrol and pharmaceuticals currently form the bulk of the e-market (20%) but a wide range of different companies are constantly joining the game with the B2B market forecast to become twice as large as B2C by 2020 (Frost and Sullvan).

Well-versed in the finer points of on-line transactions from their B2C experiences, today’s procurement managers expect the same quality from B2B platforms, applying the Martini approach – any time, any place, anywhere. Smartphones and tablets mean the office is both mobile and always open. Furthermore, 41% of companies are now selling directly against their own distributors (Forrester) meaning multi-level companies such as Screwfix carve a new niche. Quick price comparisons, customer reviews and competitive discounts mean B2B e-commerce is definitely here to stay.