The Role of the Lawyer

Your lawyer may be a general practitioner or may focus in a specialized area such as corporate affairs. In the sale of a business, you need to have your lawyer be able to interpret the words found in any legal documents (Agreement of purchase and sale, Letter of Intent, etc.) and explain to you your obligations through that document. Your lawyer should also be able to ensure that the transaction you are contemplating complies with all the current laws regarding your business.