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When You Need Your Lawyer Most - Business - Nairaland

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When You Need Your Lawyer Most by deolumike(m): 6:31pm On Aug 04, 2017
A notable businessman said there are 5 persons everybody needs in his life. These 5 persons are a lawyer, a doctor, a pastor, a financial adviser and a mentor/role model.

Whether you agree that you need these people or not, I’m sure you must consult a lawyer under the following circumstances, unless you’re ready to take an unpalatable risk:

1. When you’re arrested by the law enforcement agencies and you’re asked to make a statement, you need your lawyer. You’re likely to implicate yourself unnecessarily when you write a statement without having consulted with your lawyer.


2. When you have to sign a contractual document, it is safe you allow your lawyer to read the document first. It might be a Memorandum of Understanding, Joint Venture Agreement, Hire Purchase contract and so on.

3. When you have a transaction with institutions like an insurance company or a bank, you need your lawyer. It takes a lawyer to understand the full legal implications of the clauses in such transactions. For instances, to avoid taking a wrong credit facility, you need your lawyer as much as you may need your financial adviser.

4. When you have a compensation claim to make with government or a corporate body, you need your lawyer to protect your interest adequately. Imagine a situation where your property is acquired or destroyed by the government, your lawyer needs to come in.

5. When you need to re-claim your premises from a tenant, you need your lawyer. In a landlord/tenant relationship, you need your lawyer to forestall taking a wrong step.

6. When you want to register either a Business Name or a Limited Liability Company for your business or register an Incorporated Trustee for your N.G.O/club/social organization.

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Re: When You Need Your Lawyer Most by Blooblood: 7:13pm On Aug 04, 2017
Lalasticlala

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Re: When You Need Your Lawyer Most by ayobammy123(m): 7:18pm On Aug 04, 2017
deolumike:

A notable businessman said there are 5 persons everybody needs in his life. These 5 persons are a lawyer, a doctor, a pastor, a financial adviser and a mentor/role model.

Whether you agree that you need these people or not, I’m sure you must consult a lawyer under the following circumstances, unless you’re ready to take an unpalatable risk:

1. When you’re arrested by the law enforcement agencies and you’re asked to make a statement, you need your lawyer. You’re likely to implicate yourself unnecessarily when you write a statement without having consulted with your lawyer.


2. When you have to sign a contractual document, it is safe you allow your lawyer to read the document first. It might be a Memorandum of Understanding, Joint Venture Agreement, Hire Purchase contract and so on.

3. When you have a transaction with institutions like an insurance company or a bank, you need your lawyer. It takes a lawyer to understand the full legal implications of the clauses in such transactions. For instances, to avoid taking a wrong credit facility, you need your lawyer as much as you may need your financial adviser.

4. When you have a compensation claim to make with government or a corporate body, you need your lawyer to protect your interest adequately. Imagine a situation where your property is acquired or destroyed by the government, your lawyer needs to come in.

5. When you need to re-claim your premises from a tenant, you need your lawyer. In a landlord/tenant relationship, you need your lawyer to forestall taking a wrong step.

6. When you want to register either a Business Name or a Limited Liability Company for your business or register an Incorporated Trustee for your N.G.O/club/social organization.
are you a lawyer
Re: When You Need Your Lawyer Most by deolumike(m): 2:16pm On Aug 19, 2017
ayobammy123:
are you a lawyer
Yup!
Re: When You Need Your Lawyer Most by ak22(m): 6:25pm On Aug 20, 2017
When you embezzled Nigeria money you need lawyer too.

1 Like

Re: When You Need Your Lawyer Most by deolumike(m): 5:18pm On Sep 13, 2017
ak22:
When you embezzled Nigeria money you need lawyer too.
Lol ...and a warder

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