3 Things Law Students Wish They Knew Before School

As the school year approaches, many students all around the world will be attending their very first law school classes. Understandably, many of them are feeling a mixed bag of emotions as they venture into what many deem a difficult scholastic career. Fortunately, there are plenty of people who’ve done it before and have been able to share their experiences in law school with others and provide information on a few of the things that they wished they had known beforehand. 

Here are three things you should know about law school before you step into the first classroom.

Avoid Isolation and Make Friends!

Perhaps the most common misconception of law school is that it is a cut-throat environment where everyone is in constant competition with each other. Sure, there will be some who would rather be on their own, but a majority of the people you meet want to be your friend. Making friends in law school is incredibly important. This is because friends can not only serve as people to study with but someone to lean on when things get tough, and trust me, they will get tough. If you have no problem making friends, consider looking for people who might be a little shy, you could make a world of difference in their lives.

Don’t Shy Away from Any Club

Law school clubs can be quite a competitive space as most everyone wants to be involved. So, if you try to join a club and find out that they are not taking any more new members, don’t avoid clubs entirely. Look for other similar groups to join during your time in law school. Joining clubs is critical to your development as a person. Many times, it is while attending these clubs that you will experience conflict for the first time or speak in front of a large group of people.

Plan Your Week & Semester

Law school can be rather difficult to keep up with if you don’t have it properly planned out. Therefore, it is paramount that you listen carefully during your first few days of lectures to understand what your week to week duties are going to be as well as what is expected from you at the end of the semester. Professors have little to no sympathy for those who come in asking for extensions on papers. This is why it is critical that you plan out your weeks and even semesters in some cases. Practice adequate time management and focus on whatever task is at hand.

Common Legal Mistakes to Avoid in Business

Operating a business is much more than simply making a transaction and telling the customer to have a great day. There is so much work that goes into creating a business that entrepreneurs and new business owners often primarily focus on getting their business off the ground. In doing so, however, many of the important legal aspects are overlooked or not considered with enough diligence.

Here are some of the most common legal mistakes businesses should avoid.

Refraining From Using a Lawyer

Many businesses, regardless of whether they’re established or just starting out, receive complaints but simply shrug them off. However, if a complaint becomes legal these businesses are left scrambling, and possibly not knowing what to do. Smaller businesses would rather represent themselves in court rather than hire a lawyer. This is most likely due to the business not having a big enough budget, which is understandable.

Businesses that are just starting out may not have the resources to feel comfortable retaining a lawyer. However, hiring a lawyer is recommended for all businesses. They have the knowledge and experience to handle legal issues if one ever arises. Even if your start-up is brand new and the budget is very small, consider networking so that you know who you can count on if or when legal counsel is ever required.

There Are No Terms and Conditions

When someone goes on a website, they will receive a notification about the “terms and conditions” of that company. It is a form of agreement that customers must abide by. This agreement is what lays out everything for what the products are intended for. Not having this agreement puts the entire business at risk of a lawsuit. If a new business is taken to court, it can hurt its reputation for the future.

Not Complying With Tax Laws

Some businesses may not want to report income and avoid filing their taxes. While some do this out of greed, others may feel like it’s too much of a hassle. However, there are a number of benefits when filing taxes on time.

It not only keeps the business out of trouble, but it also boosts their reputation. If maintaining business taxes seems overwhelming, simply hire a business lawyer and keep them on standby.

Making a legal mistake is not uncommon. It’s mostly due to businesses still being relatively new and needing to learn the ropes of entrepreneurship. However, when it comes down to it, legal mistakes are something to have an understanding of and avoid at all costs.

Commercial Leasing Agreements: Tenant Edition

Looking into real estate can be a challenge to some people. Other people may just see a good location and sign right away, not knowing what they are contracting themselves into. Other people take the time discussing the terms of the lease with the landlord. When you begin to look for commercial property, compare prices of other properties, determine how long you want to lease the property for, express what other expenses you are willing to pay, and most importantly read over the lease agreement before signing it. Tenants must be careful when signing leases because they are difficult and can be costly to get out of.

Landlords will try to get you to sign leases without reading over them. You should always read over your lease to check for any discrepancies from what the landlord had previously stated. There could be hidden expenses in sections of the rent or utilities portion. Landlords may agree to move tenants to a different property if one becomes available during the term of the lease, but if the lease does not state the terms of that agreement, it could leave the tenant paying for moving expenses. If the property is bigger than the building they are currently residing in, there may be higher costs to moving. If the office supplies and equipment are too big or there is too much, landlords could make the tenant move the equipment because it was not laid out in the lease. The lease should state the extent the landlord will be involved in the moving process and what will be the responsibility of the tenant during that time. Make sure the length of residency in the lease matches what you have agreed upon. You do not want to think the agreement is only six months and end up stuck in the lease for a year. If you are having trouble reading the lease and the legal jargon involved, reach out and get help from a commercial lawyer.

Having a plan and taking the time to look over the agreement can save you stress, time, and money in the future. The expense of a lawyer now could outweigh the expense of trying to terminate a lease. The commercial lawyer will help in the process of contracting a fair agreement between landlord and tenant and inform the tenant of everything the agreement states. Later on, if there is a dispute over the lease agreement, there is already a lawyer familiar with the terms of the agreement and can help settle the matter. So do not go signing a lease without reading through the ins and outs of it or having someone read over it and explain it to you.