A business owner’s construction company is growing. He’s never hired a lawyer before to handle the business. But with the number of insurance claims and contracts he handles, does he need one?
Haley Bianco: Time once again for “The Law and You,” featuring the area’s premier attorneys. With us today we have Ed Ciarimboli and Greg Fellerman. Great to see both of you gentlemen in the studio.
Ed Ciarimboli: Well, we’re glad to be here. It was a nice holiday. Did you have a nice holiday?
Haley: It was wonderful, yes.
Ed: Yep, I’m ready to go. Yes, we’re full swing into the summer. Let’s do it.
Haley: Perfect. All right, let’s see what question we’re answering today. This comes from Andy in West Scranton. He says, “I own a small construction business and I’m getting bigger. I never hired a lawyer to help with my business. Do I need one? Because I deal with a lot of contracts and insurance claims.” Good question from Andy.
Ed: Yes. Andy, you need a lawyer and you needed a lawyer yesterday. First of all, your business is getting bigger. From a liability standpoint, you want to protect yourself you want to protect your family. If you’re dealing with insurance claims, I guarantee that there are going to be situations that are going to arise where you’re going to need a lawyer acting on your behalf against the insurance company or acting on your behalf to try to recover money from an insurance company or putting a claim in or something of that nature. So you absolutely need you need a lawyer. At a minimum, you should have a corporation set up and then moving beyond that, there’s a whole host of things that a lawyer can help you out with that.
Greg Fellerman: I think a lot of people miss the boat when they start their businesses. They’ll meet with their accountant who can set up a business and the accountant explains the financial consequences. But a lot of times, you miss the details with what type of corporation, why you want to do it, how to structure your company, what kind of documents do you need, all the different things that happen. And now your business is growing and more issues present themselves. You have HR, you have all the human relations. You have all these different things that can affect your business and if you don’t have the right legal rights, you can make mistakes that can end up getting you sued. You have a bad work environment sexual harassment going on. You’re not paying attention. That’s where you get exposed. And I think you know, you need to have that counsel early and as you grow, you know what you’re focusing on. But pick up the phone and call.
Ed: A lawyer will make sure you’re paying the right amount of taxes, making sure you’re paying unemployment compensation, all of these things tie together in terms of the type of company that you are, the type of Corporation, how you are incorporated, they’re all intertwined. So you really do need a lawyer to guide you through it.
Haley: These are the guys to help. So give them a call, find them online and don’t forget results always matter with attorneys Ed Ciarimboli and Greg Fellerman.
The Law & You is a nightly feature on channels WBRE-TV 28 and WYOU-TV 22 where the attorneys from Fellerman & Ciarimboli answer legal questions. If you have a question that you want answered by the Law & You attorneys, please submit the form on this page or call the hotline at 1-888-570-HURT.