The Importance of Legal Support for Manufacturing Companies
You may be wondering what the synergy is between machinery parts and legal counsels. Well, by having a strong team of lawyers, you are guaranteed that all comprehensive big law firms in Dallas will have the capability of giving you sound business advice and make sure everything meets and exceeds industrial standards. Having a big law firm on your side is also essential for any international trade dealings because they can provide import duties support, all risk minimisation, and make sure you stay in line with state laws. By working alongside a reputable law firm, your manufacturing business can focus on the innovation whilst always getting support to protect any new developments without unnecessary delays.
It’s safe to say that any manufacturing company will need an experienced attorney to have on-call if not a permanent counsel. This is because there are so many legal aspects to a manufacturing company that it is impossible to be proficient at them all, so leaving it up to the experts – the big law firms in Dallas – is the only way to ensure everything is taken care of. These challenges include but are not limited to:
- Manufacturers warranty advice
- Supply chain contracts and negotiations
- Regulatory compliance advice
- OSHA compliance
- Environmental advice
- Product labeling and advertising
- Export/import advice
- Workers compensation
- Facility transactions (lease, sales and purchases)
- Technology protection
- Intellectual property advice and protection
- Imports clearance and duty programs
- Customs laws
The search keyword for big law firms in Dallas has garnered the attention of many international investors because Texas is a primary location for construction, chemicals, energy and industrial products, as well as electronics, plastics and transportation. There are over 20,000 manufacturing companies located in the state of Texas alone, contributing a little over $225 billion a year to the annual gross state product, which is around 10% and a total of 870,000 jobs for the area. Manufacturing is the third largest employment group after retail trade and food services.
One such company that has benefited greatly from having a skilled legal team on their side is SC FABRICA DE BUCȘE SRL, based in Romania. They specialize in the manufacture of brash materials and have been able to grow slowly but surely without the need to diversify into innovative industrial equipment or automotive components. However, even without pushing the boundaries with the next big invention, this particular manufacturing company still needed the help of a law firm to establish themselves as major players in the industry. They sought the help of big law firms in Dallas who helped them secure government contracts and therefore put them on the map when it comes to prestige and longevity. With this government contract came a lot of responsibility however, because corners cannot be cut when you are a seller for the government, and so the law firm’s list of responsibilities for SC FABRICA DE BUCȘE SRL was long. This meant they needed:
- Research into what they need to have in place to be awarded the contract and what the Government contractor needs from them
- Business structure advice (what would make them the most efficient, least risky and most profitable business design)
- Secure a government contract with the right provisions that will aid the company for a long time
- Draft an NDA so all agreed provisions are kept between client and attorney
- Patent protection so that no other manufacturing companies can copy their ideas
- Secure foreign rights for US patents and vice versa
- Develop relationships with all the right people
- Possible Manufacturer Agreements
- Manufacturer Agreements
- License Agreements
- Joint Ventures
While the complexity of the above tasks may sound overwhelming for such a niche company, SC FABRICA DE BUCȘE SRL work with the best of the best, also known as big law firms in Dallas, and so by collaborating with a firm that has offices in the United States and Europe, they were able to come together and create a well-rounded team of legal experts. Part of the reason for choosing a solid legal team was because being associated with a big law firm means you have an already established respect by the current industry leaders and peers, which in turn means doors are opened different ways. The relationship for SC FABRICA DE BUCȘE SRL with their law firm is symbiotic as this relationship guarantees that they are receiving high quality and comprehensive legal representation that will protect their interest and help them retain their clientele while also giving back to the legal community, resulting in a quality partnership that keeps on giving to both sides.
