Business Law Lawyer Rockville MD

Insights From Our Business Law Attorney

Daniel J. Wright of the Law Office of Daniel J. Wright is a business law lawyer Rockville MD professionals turn to for legal advice and assistance with legal disputes. He is available to address your questions and concerns related to business law. Below you will find common questions people ask in this area.

What is business law?

Business law involves many codes, rules, statutes and regulations that are created to provide a legal framework for how business should be conducted and managed. A business law lawyer Rockville MD community members rely on typically handles the following types of cases:

• Business planning
• Business negotiations
• Divestitures
• Acquisitions and mergers
• Business organization and formation
• Business contracts

If you are seeking legal help in any of those areas, as a business law lawyer Rockville MD locals recommend, Daniel J. Wright can help make your business a success.

Why do I need a Rockville MD business law lawyer?

Although very rewarding, owning and running a business demands a lot of energy and perseverance. There may not be enough time to deal with all the legal aspects when there is so much more that needs to be done for your business. At the Law Office of Daniel J. Wright we can handle the legal aspects of your business so that you can focus on the day to day operations of your business. Daniel J. Wright is a business law lawyer Rockville MD residents choose to handle the follow issues on their behalf:

• Finances
• Taxes
• Mergers and acquisitions
• Business formations
• Employment labor laws
• Contract negotiations
• Litigation

What should I consider when choosing the company type for my business?

There are five basic structures that most businesses fall under that will structure how the business is operated, organized, and taxed. Every structure type has its pros and cons. Speaking with a business law lawyer in Rockville MD can help you determine what form may be best for your business. The different structures include:

1. Sole Proprietorship: This is the simplest business structure and allows an individual to conduct the business as an individual. This means that the owner and their company are viewed as one and the same. Even though this is the simplest way to begin a business, this form does not protect the owner from business liabilities.

2. Partnership: This is offered for businesses that have more than one owner. Under this structure there are two types: limited partnership and general partnership. It is important to know that under this plan, the owners maintain personal liability for the business.

3. Corporation: This established a company as a separate legal entity. There are two types that you can choose from: C-corporations and S-corporations. A knowledgeable lawyer can explain the differences between the two such as tax differences, shareholder restrictions and much more.

4. Limited Liability Company: This is a legal entity separate from the owners, however, it allows for owners to report business losses and gains on their personal tax returns. The owners are protected from business liabilities as well.

If you are looking for a business law lawyer Rockville MD entrepreneurs and business owners can rely on, you should consult the Law Office of Daniel J. Wright. For decades lawyer Daniel J. Wright has been serving a full range of clients’ business and commercial needs. Guided by extensive knowledge, direct experience, and a passion for business law, our team has built a solid reputation for excellence in the quality of our services and counsel. If you would like to speak with a Rockville business law lawyer, please call 301-655-8130.

Services of a Business Law Lawyer in Rockville MD

The Law Office of Daniel J. Wright has been structured to meet the needs of clients in the most efficient manner possible. Companies and corporations of all sizes call upon us to develop creative solutions to complex, and highly intricate, challenges. Many clients require legal needs that encompass several different legal categories which is why Daniel J. Wright is capable of practicing the following core specialties:

• Antitrust and trade regulation
• Corporate organization
• Commercial contracting
• Corporate financing and/or securities
• Commercial financing
• Corporate compliance
• Business venturing
• International trade and supple
• Investment management
• Government affairs
• Franchise and distribution
• Mergers and acquisitions
• Investment services
• Venture capital
• Tax credits
• Tax exempt status/organizations
• Business mediation and dispute resolution
• Copyright/trademark/patent filing

Your needs may extend beyond the aforementioned. If this is to be the case, a business law lawyer Rockville MD has to offer can assist in coordinated legal counsel for matters that could affect or result from a business need or endeavor.

The Law Office of Daniel J. Wright is Committed to Clients

As a business law lawyer Rockville MD provides, we understand that many of our clients operate in a cutting edge world of business affairs. With this in mind we work hard to satisfy their rapidly changing demands and any regulatory challenges. When you choose a business law lawyer Rockville MD respects, like Daniel J. Wright, you can expect things like:

• A trusting client/lawyer relationship
• Honest and transparent legal advice
• Competitive forces against the most complex matters
• Responsiveness and efficiency
• Dedicated advocacy

Schedule a Consultation with a Business Law Lawyer Rockville MD Resident’s Have on Their Side

Daniel J. Wright has been named as one of the Top 100 Trial Lawyers in 2013 and 2014, and has a 10 out of 10 rating on Avvo. He has extensive career accomplishments that continue to assist him as he navigates the intricacies of business law. When you work with Daniel J. Wright, you can feel confident in knowing your business needs are in good hands. The following businesses benefit from our lawyers and law firm:

• Service businesses
• Merchandising businesses
• Manufacturing businesses
• Hybrid businesses
• Sole proprietorships
• Partnerships
• Corporations
• Limited Liability Company
• Cooperative
• Organization
• Start-up

While you can do a lot of legal business work on your own, it is not advisable unless you understand the laws, rules, and legislation. At the bare minimum, you should always have a lawyer review your legal documentation or findings to verify that it can be upheld by a US court.

If you would like to schedule a consultation with Daniel J. Wright, a business law lawyer Rockville MD trusts, please call 301-655-8130.

Who can help me?

If you are just getting started with your new business, it may be wise to seek legal guidance every step of the way. Daniel J. Wright of the Law Office of Daniel J. Wright has more than 35 years of experience helping businesses. Call us today at 301-760-3387 to receive a free consultation with a respected business law lawyer Rockville MD offers.

The Four Types of Contract Breaches

A breach of contract has the potential to destroy professional relationships. These difficult situations are often unexpected. In fact, you may never have anticipated needing the legal services of a business lawyer in Rockville MD. However, if one party does not uphold their terms of the contract, it can impact your company financially as well as its brand.

In an ideal world, every time two parties decide to enter into a contract together, things go well and the intended goal is obtained. Unfortunately, this is not always the case for many contracts. Even when entered into with the best of intentions, a contract might be breached. Here we cover the four types of a breach of contract:

1. Minor Breach
This type includes a partial breach, in which the duty was performed but not to the expectations described in the contract. It is possible for the non-breaching party to sue the breaching party for these errors. You can sue for financial damages or request the mistakes are fixed. A business lawyer in Rockville MD can provide you with legal guidance during this process.

2. Fundamental Breach
This is a more serious level of breach of contract. The other party can sue for financial damages in addition to enforcing the original agreement conditions. For example, if someone were to rent an office space for his or her business but on the day the office is supposed to be empty and ready for use, someone else is still occupying it. The landlord has committed a fundamental breach of contract regarding the lease agreement. With the help of a business lawyer in Rockville MD, you can file a lawsuit for damages and the agreement as described in the contract.

3. Material Breach
The breaching party has completely failed to uphold their duties as described in the contract. A material breach of contract is the most serious of the four types. The non-breaching party can work with a business lawyer in Rockville MD to recover their damages from the other party. An example of this would be if a worker performed their job as described in the contract, but the other party failed to pay them.

4. Anticipatory Breach
This is applicable to situations where one party claims the contract will break before it is actually broken. An anticipatory breach is one in which it is obvious the other party in the contract will not be able to uphold their end of the deal within the agreed upon time. If the deadline for a job task to be performed is due tomorrow, yet the other party has not even started, damages for anticipatory breach can be filed because there is no way they can finish the job in time. Consult a business lawyer in Rockville MD to discover if this is a viable option for you.

What You Should Do if You Aren’t Paid for the Work You Do

Fair pay for work has been a hot topic for years, but what happens if your employer, or otherwise the party who contracts work to you, fails to pay you at all for the work you do? You rely on a steady paycheck to support yourself and your family, so you can’t afford to face a predicament such as this. Fortunately, there are legal avenues you can pursue to get the money you deserve. Here are some tips from leading business law lawyers in Rockville, MD:

Talk Directly to Your Employer

Your first step should be to have a frank discussion with your manager, the human resource representative at your company, or your client (if you had a private, independent contract).  While your employer may have knowingly withheld pay from you, it’s possible that there was a mistake or oversight in this lack of payment. Perhaps there was a processing error or something wrong with the accounting system. Maybe there was a problem with your financial institution or with your direct deposit. It’s important to bring these issues to light with your company. This will give your employer the opportunity to correct the situation or give its explanation. It’s also possible that your company is struggling financially and simply can’t make payroll. If they will not fix the issue, you might want to call the business law lawyers in Rockville, MD.

Speak With the Department of Labor

If you find that your company is at fault for purposefully paying you less than you deserve or not paying you at all, you should talk to a representative with the Department of Labor from your state. Your state will have certain laws that require companies to pay for hours you work and will impose penalties when organizations don’t comply. This office can also help you understand these laws and what your rights are.

Hire an Attorney

Another effective course of action can be to hire an experienced, skilled business law attorney Rockville, MD workers count on for results. You can find a lawyer near you that specializes in employment law. This professional can advise you on the best ways to proceed. He or she will evaluate your case and determine whether you have grounds to sue or take your company to small claims court. Such a lawsuit can help you get the payment you earned and hold your employer accountable for breaking laws and regulations.

You work hard at your craft and expect fair pay for the tasks you fulfill. When your employer doesn’t hold up its end of the bargain and willingly fails to pay you, there are some things you should do. By speaking with your company leaders, consulting with the Department of Labor, or working closely with the business law lawyers in Rockville, MD, you can get through this troubling ordeal. Contact The Law Office of Daniel J. Wright today to learn more.

Contact a Business Law Lawyer Rockville MD Professionals Rely On

If the work or goods are defective, there is a non-payment, or a breach in warranty then the non-breaching party can seek compensation for damages. Many people choose to get legal advice from a business lawyer in Rockville MD before, during, or after a contract agreement. Most law firms offer a free case evaluation, which can be an excellent resource for people who are trying to decide if they experienced a breach of contract.

Thank you so much to the supportive attorneys at the Law Office of Daniel J. Wright for their insight into contract breaches.

Rockville Business Law Infographic

Rockville Business Law Statistics

According to the Administrative Office of the U.S. Courts, approximately 10 percent of contracts experience a significant claim or dispute. There are about 23,000 contract dispute lawsuits filed every year. If you are considering entering into a contract, or already did and are now having issues with the other party, call our law firm to have one of our business law lawyers assist you.

Rockville Business Laws

Welcome to our comprehensive guide on Maryland business laws. In today’s rapidly evolving economic landscape, it’s crucial for business owners and entrepreneurs to have a firm grasp of the legal framework governing their operations. Maryland, often referred to as the “Old Line State,” boasts a rich legal heritage that is reflected in its modern business laws. In this article, we will delve into the specific laws that pertain to businesses in Maryland, providing you with valuable insights to navigate the legal terrain. A Rockville, MD business law lawyer, like one from The Law Office of Daniel J. Wright, can be helpful in dealing with any of these scenarios.

Formation Of Business Entities

Maryland offers several options for structuring your business, each with its own set of rules and regulations. Business owners can choose from sole proprietorships, partnerships, limited liability companies (LLCs), and corporations. The formation process varies depending on the entity type, but all businesses must comply with Maryland’s registration requirements and file the necessary documentation with the State Department of Assessments and Taxation.

Contractual Agreements

Contracts are the lifeblood of any business, and Maryland has a robust legal framework governing them. Business contracts in Maryland must meet certain legal requirements to be enforceable. These requirements include a valid offer, acceptance, and consideration. Understanding contract law in Maryland is essential to protect your business interests and uphold your contractual obligations. A Rockville business law lawyer can assist with this.

Employment Laws

Maryland enforces a range of employment laws aimed at ensuring fair treatment of workers and compliance with federal regulations. These laws cover areas such as minimum wage, overtime, workplace safety, and anti-discrimination. Business owners need to be well-versed in these laws to maintain a harmonious work environment and avoid costly legal disputes.

Taxation And Business Licenses

Maryland’s tax laws can be complex, with various taxes applicable to businesses, including income tax, sales tax, and property tax. Moreover, businesses are often required to obtain specific licenses and permits to operate legally within the state. Compliance with these tax and licensing requirements is essential to avoid penalties and maintain a good standing with state authorities.

Intellectual Property Protection

Intellectual property is a valuable asset for many businesses. Maryland offers legal protections for intellectual property through trademark, copyright, and patent laws. Understanding these laws is crucial for safeguarding your company’s unique creations, branding, and innovations.

Commercial Litigation

In the event of disputes or legal conflicts, Maryland provides a well-defined legal process for resolving commercial disputes. Whether it’s breach of contract, partnership disputes, or other business-related issues, knowing the intricacies of Maryland’s litigation procedures is essential to protect your business interests.

Environmental Regulations

Environmental laws and regulations are of growing concern for businesses across the nation. Maryland has its own set of environmental laws governing issues like waste disposal, pollution control, and land use. Complying with these regulations is vital not only for legal compliance but also for maintaining a positive corporate image and contributing to a sustainable future.

The Law Office of Daniel J. Wright, Rockville Business Law Lawyer

20 Courthouse Sq UNIT 212, Rockville, MD 20850

Contact Us Today

Navigating Maryland’s business laws requires a comprehensive understanding of the specific regulations that apply to your industry and business structure. Failing to comply with these laws can have serious legal and financial consequences. If you’re a business owner or entrepreneur in Maryland, it’s essential to seek legal counsel and guidance from a Rockville business law lawyer to ensure your business operates within the bounds of the law.

At The Law Office of Daniel J. Wright, we specialize in Maryland business laws and are here to assist you every step of the way. Whether you need assistance with business formation, contract drafting, employment law compliance, or any other legal matter related to your business, our experienced team is ready to help. Contact us today to schedule a consultation and safeguard your business’s legal standing. Your success is our priority.

Business Law Legal Resources:

Forming a Business Partnership

Breach of Contract

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