What Are the Top Legal Concerns for Manufacturing Companies?

The manufacturing sector is an important part of the United States economy. Many manufacturing companies are well-positioned to earn revenue and generate profits, but these companies also face a wide variety of legal issues that need to be monitored closely. A skilled business law attorney can provide proactive assistance with these matters, ensuring that a business can continue growing and remain on the path to success.

Legal Issues Affecting Manufacturers

Some of the most important legal issues that manufacturing companies may need to address include:

• Product liability – When consumers are injured by products, they may seek to hold a manufacturer liable for design or manufacturing defects. A business will need to address potential risks and take all appropriate measures to prevent defects, and it may also need to be prepared to defend against product liability claims or class action lawsuits.
• Employment law – Manufacturers may encounter disputes with employees related to hiring practices, claims of discrimination or harassment, or wage and hour issues. Businesses can address these issues by drafting and following the appropriate company policies, classifying job positions correctly, and ensuring that personnel have the proper training.
• Environmental issues – Businesses will need to be sure they are following all applicable environmental regulations at the federal, state, and local level, and they can take proactive steps to address these concerns by monitoring emissions, replacing outdated equipment, and ensuring that waste is disposed of properly.
• Regulatory overreach – Government agencies may sometimes overstep their authority to enforce regulations that may apply to manufacturing businesses. Companies will need to be sure to work with an attorney who has a strong understanding of these regulations and who can defend against improper actions by government officials.
• Tax planning – If federal, state, and local tax issues are not addressed properly, a manufacturing business may not only be required to pay taxes that are owed, but penalties may also apply in certain situations. A lawyer who understands the tax laws that apply to manufacturing companies can assist with tax-related matters and planning, ensuring that a company will be able to avoid penalties while minimizing its tax burden.
• Arbitration – Litigation of disputes affecting manufacturing companies can be very time-consuming and costly, and a business may be able to resolve these matters more quickly and efficiently through arbitration. A skilled business law attorney can help a business understand how to protect its rights and interests during this process, ensuring that disputes can be resolved effectively.

Contact an Illinois Business Lawyer for Manufacturing Companies

The Gierach Law Firm provides experienced, dedicated legal help to manufacturing businesses and other types of companies. We work to provide our clients with an understanding of the legal issues that may affect them, and we help them take proactive steps to address these matters and avoid any problems that may arise in the future. Contact our Naperville business law attorneys at 630-228-9413 to discuss your concerns and get the legal representation you need.

Sources:

https://www.travelers.com/resources/business-topics/product-service-liability/do-manufacturers-understand-products-liability-risks

https://www.industryweek.com/talent/labor-employment-policy/article/21986027/10-tips-for-employment-law-compliance-for-manufacturers