In today’s business world, business owners have many issues to deal with each day. As a result, the last thing they need to deal with is a legal issue that could not only damage their reputation but also cost them thousands of dollars or potentially their livelihood. From customer complaints about products or services to employees alleging sexual harassment or other issues, business owners need to be prepared to deal with anything that comes their way. To ensure this is the case, here are some key points as to what business owners can expect from their lawyer.
Don’t Let a Problem Fester
As a business owner, seek legal advice at the first hint of a potential problem. Rather than hope, the issue goes away on its own, speak with an attorney to plan out a legal strategy from the beginning.
Always Have a Lawyer at the Ready
Instead of scrambling to find a lawyer when issues arise, make sure you have a lawyer or even multiple lawyers ready to help when needed. Depending on the size and scope of your business, you may need lawyers skilled in such topics as employment law, tax law, and intellectual property law.
Know What to Expect
If a dispute arises, know what to expect. To do so, hire an attorney you not only can trust and respect but is experienced and knowledgeable as well. By asking fellow business owners or even family and friends, you should be able to find the perfect lawyer for your business.
You Get What You Pay For
Unfortunately, the least expensive lawyer isn’t necessarily the best lawyer. By keeping this in mind and being willing to pay for knowledge and experience, you’ll get much better advice and results.
An Ounce of Prevention
To keep legal issues from occurring, try to prevent problems from the beginning. Make sure contracts are properly worded, ensure trademark applications are properly filed, and always respond to legal correspondence promptly.
Know the Meaning of Going to Court
When most people think of going to court, they assume that means a trial is imminent. However, almost 90 percent of cases settle before trial. Therefore, have an attorney who is experienced in mediating and settling cases before trial, since this can save you thousands or millions of dollars.
Understand Litigation
While agreeing to a settlement may sometimes feel like an admission of guilt on your part, it’s actually much smarter and far less risky than going to trial. As any good lawyer knows, once a case goes to trial the outcome could go either way. By reaching a settlement, you are able to maintain a level of control over the outcome.
Make Your Lawyer’s Job Easy
By being a good client, you make your lawyer’s job easy. This can involve providing all documents your lawyer needs, accepting your case will have weaknesses, and taking your lawyer’s recommendations seriously.
By following these tips, you and your lawyer should be able to weather any storm that comes your way.