Paterson Business Law

Find the right Business attorney in Paterson, NJ

Many laws in Paterson can affect local companies. If a business operates in Paterson, it must ensure that the applicable laws are followed. For a business to legally transact, it may need to obtain leases or permits for the local area. Businesses in Paterson also have unique factors to consider about how the company should be structured.

Business Transactions in Paterson

You will need to know the local business laws of Paterson if you plan to contract with individuals or other local businesses. A business that contracts avoids potential business disputes in the future, and it also enjoys predictability in its operations. Contracts that serve this purpose best are those drafted according to Paterson and New Jersey law. Under Paterson law, a contract must have specific qualities in order to achieve the intended legal effect. Unique language terms is an aspect of contract law, and this may make the interpretation of some documents difficult. A party may also find itself in breach of its contractual obligations. In Paterson, these disputes will likely be handled in the local court.

Business Structure in Paterson

Businesses opening in Paterson have various business structures available to them. You will want to know about Sole Proprietorships, Partnerships, Corporations and LLC's to determine how to form the company. Determining which of these structures is right for your business can be challenging, since each one has its own advantages and disadvantages in Paterson. Local law must also be followed in dissolving a business. Attorneys in Paterson can help you in this process.

Talk to a Business Law Attorney now!

Life in Paterson

Paterson, New Jersey is the county seat of Passaic County. It has a population of about 147,000 people, making it the third largest city in New Jersey.

Paterson, NJ became known as the "silk city" in the late 19th Century, due to its dominance in the silk-production industry. Paterson, NJ became a major center for other industries in the 20th century, thanks in large part to the presence of the Great Falls, a large waterfall on the Passaic River, which provided much of the energy needed for factories and other heavy industries in Paterson, NJ.

Modernly, Great Falls, NJ is part of an Urban Enterprise Zone, which is a designation under New Jersey Law that stimulates economic growth in areas where it's needed, through reduced sales tax, a fast-track process for obtaining business licenses, and financial incentives, such as tax credits, for businesses that hire new workers. Many Paterson, NJ lawyers were involved in drafting these rules, as well as getting portions of Paterson, NJ designated as such.

Paterson is known for being the residence of Paterson, NJ lawyer Edward Masry, who led the lawsuit against PGE, which was dramatized in the film "Erin Brockovich."

There are many other Paterson, NJ lawyers who can help you with whatever legal issue you may be facing. If you believe that you might need legal representation, there's a very good chance that a Paterson, NJ lawyer can help you.

Clients Rate LegalMatch Attorneys
(click to read reviews)

Howard B.
Howard B.

Business - Litigation

Rye Brook, NY

Mark B.
Mark B.

Business - Litigation

Roseland, NJ

David A.
David A.

Business - Litigation

Walnut Creek, CA