For this activity:
You will need The Internet and to write down your answers in your Mahara
e-portfolio.
In this theme you have learnt that it is important for an entrepreneur to select legal representative as early as possible when developing a business venture.
Consider the following task. Prepare a short
description, justifying your comments for each of the points in the task.
It may help if you use the internet and other sources
of information to research your answers. You should present your answers
digitally so that they are accessible to share.
Task: What are some of the more important criteria to consider when selecting a legal representative for a new firm?
To answer this question, you could think about/research the following:
1. Where would you obtain a list of solicitors in your area?
2. Once a list of local, legal representatives has been found, how would you choose a suitable candidate?
3. What relevant experience should the solicitor/legal representative have? Think about all the areas that your business may need advice
4. What qualities should your new legal representative have? Think about working with another professional and where any pitfalls might be.
5. Fees. How should you approach what a legal representative might charge your business? Should you wait and see?
6. What kind of person/professional do you want to work with?