What a Non-Profit Should Consider When Selecting a Lawyer
Nonprofit organizations need to obtain legal services in order to enter into contracts, handle or pursue litigation, employee disputes, and many other reasons. Selecting an law firm that is qualified to assist the nonprofit organization can be challenging for a number of different reasons. These challenges will be discussed in this article.
Unique Challenges for Qualifying as a Nonprofit
Nonprofit organizations are met with unique challenges that specialist lawyers can provide assistance with. First and foremost, nonprofit attorneys should be experienced with nonprofit organizations and skilled with the legal code section (503) that provides for their existence. Nonprofit organizations receive certain tax benefits y qualifying under subsection 503 and being sure that they legally qualify for nonprofit treatment is essential for their continued existence.
Grant Money and Corporate Sponsorship
Nonprofit organizations often receive money from governments through the form of grants and corporations through the form of corporate sponsorship. Grants will typically have to be applied for and have both legal challenges and other financial restrictions on them that nonprofit attorneys can help to decipher and to conform with. Having an appropriate legal team in place can make the grant writing and compliance process more effective. Corporate sponsorship, though typically less restrictive then grants from governmental agencies, also requires contracts and compliance with predefined terms. A nonprofit lawyer can assist in drafting these agreements and complying with the nuances of them.
Selecting a Nonprofit Lawyer
It is typically challenging to select a nonprofit lawyer due to the large number of legal professionals out there and the significant variation in their skill levels and experience. Search for an experienced professional who has worked on similar organizations and who has a positive reputation in the industry.
Unique Challenges for Qualifying as a Nonprofit
Nonprofit organizations are met with unique challenges that specialist lawyers can provide assistance with. First and foremost, nonprofit attorneys should be experienced with nonprofit organizations and skilled with the legal code section (503) that provides for their existence. Nonprofit organizations receive certain tax benefits y qualifying under subsection 503 and being sure that they legally qualify for nonprofit treatment is essential for their continued existence.
Grant Money and Corporate Sponsorship
Nonprofit organizations often receive money from governments through the form of grants and corporations through the form of corporate sponsorship. Grants will typically have to be applied for and have both legal challenges and other financial restrictions on them that nonprofit attorneys can help to decipher and to conform with. Having an appropriate legal team in place can make the grant writing and compliance process more effective. Corporate sponsorship, though typically less restrictive then grants from governmental agencies, also requires contracts and compliance with predefined terms. A nonprofit lawyer can assist in drafting these agreements and complying with the nuances of them.
Selecting a Nonprofit Lawyer
It is typically challenging to select a nonprofit lawyer due to the large number of legal professionals out there and the significant variation in their skill levels and experience. Search for an experienced professional who has worked on similar organizations and who has a positive reputation in the industry.