Can Lawyers Provide Profit for Internet Businesses?

Internet lawyers in NYC understand that owners of online businesses need legal support for similar reasons that people who own brick and mortar businesses do. They need guidance when creating a name for their businesses, developing an organizational structure,

Can Lawyers Provide Profit for Internet Businesses?

understanding tax laws and dealing with trademark and copyright issues. For example, online and brick and mortar business owners can work with attorneys to find out if new products they are developing are at risk of violating existing trademarks or copyrights.

Companies and social media network giants like Google, Facebook and Twitter have used attorneys to help them prepare for one or more events like a public offering, business acquisition or public policy issue. In fact, when Twitter’s general counsel, Alexander Macgillivray, recently announced that he was departing the firm, the social media giant quickly filled the role with Vijaya Gadde, an attorney who comes from the Wilson Sonsini Goodrich & Rosati law firm.

Large companies aren’t the only types of organizations that reach out to attorneys, including internet lawyers in NYC. In fact, the needs of online business owners have evolved to the point that the Internet Attorneys Association has been formed. The independent professional association represents attorneys located in various parts of the world.

According to the Association, “Internet attorneys focus on applying the rule of law to protect their clients’ intellectual properties, reputations, and other interests in Web-related matters.” Types of cases internet lawyers in NYC and abroad have taken on include defamation lawsuits involving blog content, internet payments (to employees and from customers), copyright infringement and surveillance of online users’ accounts.

Other services that internet lawyers in NYC, legal firms like Cohen, Schneider & O’Neill provide clients include drafting privacy policy agreements, social media policies, monitoring user-generated content and addressing official communications from online and offline law enforcement bureaus. For many entrepreneurs, especially leaders who have recently launched a work-from-home business, the most important guidance and advice internet lawyers in NYC can offer has to do with setting up a new business.

If entrepreneurs don’t seek out the right legal support, they could regret the decision later. As the Small Business Administration shares, “Doing business online comes with additional legal and financial considerations, particularly in the areas of privacy, security, copyright and taxation.” Furthermore, “Even if you do not sell anything online, laws covering digital rights and online advertising may still apply to you.”

The Federal Trade Commission (FTC) is the agency that most online business owners could find themselves dealing with should they or one of their employees enter a grey area or break a trade or advertising regulation. Furthermore, depending on the state online businesses operate in, they might also have to work with attorneys to understand and meet the requirements of sales tax laws. Another hot topic regarding online business law is digital rights.

Gone are the days when companies truly respected copyright laws. As the amount of content on the internet continues to grow, more owners of content may start taking individuals and companies that infringe upon their copyrights to court. Online businesses that have established relationships with experienced attorneys could keep themselves out of this type of hot water.

About James Calhoun

James Calhoun is a writer and legal expert and specializes in social media.