Business Law in Knoxville, TN
Don’t settle for a lawyer in Knoxville, Tennessee that lacks the experience and deep knowledge of commercial law that your business deserves. We can connect you with an experienced business law attorney to handle your case.
What Is Business Law?
Business law regulates the conduct of merchants, persons, and businesses who engage in commerce, trade, and sales. Business law is also commonly referred to as commercial law. It covers a broad area, such as real estate laws, safety laws, food laws, and environmental regulations.
The Tennessee General Assembly recently passed the Tennessee Business Fairness Act. The Act allows businesses across the state to remain open during a pandemic if they follow safety guidelines issued by the government. The ACT puts all businesses on the same playing field in a declared state of health emergency. This means that small businesses in Knoxville are not forced to close while their bigger competitors stay open.
Staying abreast of current commercial laws can be extremely overwhelming, especially as you’re trying to run a business. Keeping an experienced Knoxville, Tennessee business law attorney on retainer or at least a simple phone call away can help ensure your business remains compliant. Compliance issues can lead to costly damages, so a proactive approach is always best.
How a Qualified Knoxville, Tennessee Business Law Attorney Can Help
Knoxville business laws are often associated with unique legal issues. One of the most substantial parts of business law is contract violations. When transactions occur between customers and businesses, this usually involves a contract. Still, some legal concerns and problems happen more often than others.. Here are some additional aspects of commercial law that a business attorney can help with:
- Starting a new business
- Protecting intellectual property
- Protecting trade secrets
- Terminating a business
- Transferring a business
- Tackling unfair competition
- Addressing consumer complaints
- Handling marketing and advertising disputes and violations
Costly commercial disputes often cover multiple areas of business law. This is why hiring experienced commercial law lawyers in Knoxville, TN is essential to the legal compliance and sustainability of your business.
Areas of Business Law
Specialized business attorneys in Knoxville offer their services to businesses in unique situations. Here are some of the many areas of business law that they tackle.
Organization
If you are developing your business in Knoxville, a lawyer can help you decide whether you list your company as a limited liability company or a corporation. They will also assist with the paperwork you need to file for your business.
Contracts
When you need to form contracts with your suppliers, clients, customers, and your employees, a business attorney will help you to prepare the necessary paperwork quickly and professionally. They also help you respond to any contracts that other organizations or people want your business to sign.
Licenses and Taxes
While the accountant that your business has will prepare and file the tax returns with your business, your Knoxville business attorney will also let you know how to register your business in Tennessee for state tax identification and federal tax identification numbers. They also provide you with the knowledge that you need to understand any tax consequences and defend you in court, if necessary.
According to the Tennessee Department of Revenue, Knoxville businesses with gross receipts of $10,000 or more must obtain a standard business license from the Knox County Clerk. Additionally, these businesses must also obtain industry-specific licenses. For example, Knoxville accountants must obtain a license from the Tennessee State Board of Accountancy. Furthermore, all Knoxville businesses must obtain a Business Tax License from the City of Knoxville.
Intellectual Property Rights
When an individual creates something, they have some automatic rights to their ideas. However, if someone steals the idea, they may have a difficult time proving the idea or creation was theirs, for starters. Attorneys can help with the process of protecting IP rights through trademarking and copyright. A business lawyer in Knoxville, TN can also help you seek reparations from companies that infringe on your IP rights or defend you against accusations.
Property Law
Physical properties also need protection. In Knoxville, Tennessee in most instances, this refers to immovable property, such as real estate. Property law governs the use, sale, transfer, or rental of this type of property. Some business attorneys may include premises liability in this area, such as slip-and-fall accidents. Property law may cover moveable assets as well. Companies that rent products would fall into this category.
Consumer Protection
When most people picture Knoxville, TN businesses going to court, they imagine businesses or business people suing each other. This certainly happens quite often, but companies and consumers sue each other too. Consumers often sue companies for defective products or false advertising. Companies, in turn, may sue consumers for libel or slander.
The Tennessee Attorney General’s Office (AGO) enforces the Tennessee Consumer Protection Act in Knoxville and across the state. In fact, you can file a complaint with the AGO online if you are the victim of unfair or deceptive business practices. The AGO will generally try to mediate the issue but can also initiate cases based on these complaints. Keep in mind, the AGO can seek restitution for the ascertainable losses of consumers. However, the office cannot represent individual consumers.
Lobbying
A qualified Knoxville, Tennessee company and agents that lobby on its behalf can advocate for changes to laws. However, they must have a deep understanding of the following:
- What the current laws are
- How the current laws affect the business
- What changes might provide better opportunities for the business
This is an especially common hurdle in the world of tech and engineering. For instance, the tech and transportation industry have banded together to lobby governments to consider allowing autonomous vehicles on public roads for testing and eventual official use.
All lobbyists working in Knoxville must register with the Tennessee Ethics Commission (TEC). The TEC provides a comprehensive Manual for Lobbyists and Employers of Lobbyists outlining state requirements. For example, a lobbyist must pay $150 for each registration they submit to the TEC. Be aware, you must pay the registration fee within 30 days of registering.
There are many other types of business attorneys that your organization in Knoxville may benefit from using. If you’re not sure about what type of business attorney your company needs, use the form below to get connected with the best legal help in your area.
Work With an Experienced Knoxville, Tennessee Business Law Lawyer
Hiring a business law attorney near you can help you to resolve many commercial issues that may emerge. In addition to this, commercial law attorneys in Knoxville can provide you with legal research, legal advice, and any other types of services that your business needs to protect itself or to fight a claim.
A commercial law attorney is also beneficial if your business needs to file a lawsuit or if you’re ever in a situation where you have to attend a court hearing. Additionally, a business law attorney in Knoxville, TN will help you determine the best course of action for your business if you are ever in violation of any laws.
Most importantly, a business attorney helps your Knoxville business stay out of trouble. Steering clear of legal disputes is almost always less costly than trying to find your way out of one. While it is not always possible to avoid business litigation, doing all you can to avoid one can go a long way to protecting your business.
Are you looking for a business attorney in , TN to defend your business interests? We can connect you with an experienced and passionate lawyer at no cost to you. We can even help you connect with an attorney across Tennessee state lines.
Submit a request online or call us today at (866) 345-6784 to get in touch with an experienced lawyer in your area!
