Baton Rouge Business Lawyer

The Baringer Law Firm, LLC

With a reputation as knowledgeable Baton Rouge business law attorneys and exceptional litigators, The Baringer Law Firm, LLC has represented some of the largest business enterprises in Louisiana. The firm’s business clients range from sophisticated business investors to first-time business owners. A Baton Rouge business lawyer can assist business law experience allows the firm’s lawyers to assist business clients at any level. To consult with a seasoned business law attorney, contact The Baringer Law Firm, LLC today.

Business Startups

Louisiana merger and acquisition law attorney, Dale R. Baringer has lectured extensively on the topic of starting a business. Whether it’s starting an individual business, corporation, LLC, or drafting a partnership agreement, for advice and guidance in choosing a business entity for a new business formation, Louisiana entrepreneurs trust The Baringer Law Firm, LLC to help them make informed decisions.

First-time business owners often want to know whether to incorporate or form an LLC. As a bar certified specialist in tax law, Dale R. Baringer can knowledgeably explain the tax planning factors that may influence the way in which a new corporation or new business venture chooses to organize. Capable of discussing all possible tax benefits and ramifications in a clear manner, he equips business owners with the information needed to make an informed decision.

Small Business Transactions

Small business owners need the right tools when deciding to sell their business. The business attorneys at The Baringer Law Firm, LLC have the knowledge necessary to advise business owners on how to buy or sell a business. For any business, be it a radio or TV broadcasting company, real estate development company, professional services company, insurance company, ice cream shop, etc., The Baringer Law Firm, LLC possesses the tools and skills to give clients advice on their best course of action.

Selecting the Right Business Structure

One of the most important decisions when starting a business is selecting the appropriate legal structure. This can impact taxes, liability, and even the daily operations of your company. An LLC, otherwise known as a Limited Liability Company, is a popular choice for small and medium-sized businesses due to its flexibility. Owners are not personally liable for the company’s debts and can protect their own personal assets.

While a corporation is more formal, it is a solid option for a larger business. It has a more rigid management structure with more formalities set in place for the daily management of the business. Corporations can raise funds by issuing stock to shareholders. However, they often pay more in taxes due to being taxed from the business as well as through dividends. There are some options like S Corporations that can relieve some of this burden.

Large Business Transactions

The Baton Rouge business law attorneys at The Baringer Law Firm, LLC understand that careful planning is necessary when a company plans for a merger, acquisition, or a major asset sale or purchase. They draft, review and negotiate contracts, oversee purchase and partnership agreements, and help corporations reorganize to optimize their tax structure.

They have assisted in the conversion of partnerships and corporations into LLCs to take advantage of favorable tax strategies. Representative transactions include the conversion of a holding company for a life insurance company with over $400 million in assets to an LLC, and conversions of corporate subsidiaries in radio broadcasting, real estate development, and manufacturing into LLCs.

With an LLM degree in tax law, attorney Dale R. Baringer can assist in almost any aspect of corporate tax planning.

Experienced Business Litigators

When conflicts arise over major corporate transactions, shareholders disputes, partnership agreements, LLC operating agreements, employment law, or real property transactions, the seasoned litigators of The Baringer Law Firm, LLC work aggressively to resolve disputes and protect the business interests of their clients.

Their extensive trial experience includes cases of all sizes in both federal and state courts throughout Louisiana and numerous other states including Alabama, Georgia, Florida, Texas, and Delaware. The Baringer Law Firm, LLC has the diverse tools necessary to try the most complex cases in any courtroom.

For years, the Louisiana merger & acquisition law attorneys of The Baringer Law Firm, LLC have worked on behalf of business clients of all sizes. For capable representation by a lawyer who understands what it means to protect the interests of business, contact The Baringer Law Firm, LLC today.

FAQs

Q: What Is the Difference Between a Corporation and an LLC?

A: The difference between a corporation and an LLC includes their structure, the protections shareholders have, and tax implications. A corporation is more formal, offers protection to shareholders, and is subject to strict regulations. On the other hand, an LLC offers similar protection but is more flexible and less regulated. The income from an LLC can be included in the owner’s personal income rather than the business.

Q: How Can I Protect My Business From Legal Liability?

A: To protect your business from legal liability, it is important to choose the right business structure for your situation. It is also helpful to have solid contracts in place with potential employees, vendors, and clients to help with dispute resolution before problems occur. Risk management strategies like insurance also help cover costs in case of an accident. Make sure you are complying with federal, state, and local laws while running your business.

Q: What Should Be Included in a Business Partnership Agreement?

A: The information that should be included in a business partnership agreement includes how the ownership of the company is divided to avoid disputes. It can also outline what might happen if one owner leaves the company or dies. Mentioning how each partner contributes to the business as well as how profits and losses will be shared are also important elements. You should establish how decisions will be made and who has authority over certain issues.

Q: What Are the Steps to Form a New Business?

A: The steps to form a new business vary depending on the type of business you choose to form. After choosing the structure of the business, it needs to be registered with the state and receive an Employer Identification Number for tax purposes. Depending on the nature of your business, it may also be required to obtain specific licenses or permits. Finally, establish a clear business plan to ensure the business runs smoothly.

Be Proactive With Legal Issues

Working through small business law ahead of time can protect your company in the future. Whether you’re forming a new business or addressing a legal challenge, The Baringer Law Firm, LLC can help. Schedule a consultation today to receive guidance on whatever situation you are experiencing regarding your business.