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5 Steps You Should Take to Protect Your Business from Common Legal Problems
5 Steps You Should Take to Protect Your Business from Common Legal Problems
Many business owners think they don’t need or cannot afford legal advice to prevent potential legal problems. However, as the saying goes -an ounce of prevention is worth a pound of cure. While there is no replacement for a comprehensive legal risk assessment,...
Does Your Business Need a Legal Risk Assessment?
Does Your Business Need a Legal Risk Assessment?
If you own a business, you are subject to a host of federal, state, and local laws as well as to the terms of any agreements you made with another party (verbal or written). Any of these can result in legal liability if you fail to comply. While you may not prevent...
What Is a Fractional General Counsel and How Can One Benefit Your Business?
What Is a Fractional General Counsel and How Can One Benefit Your Business?
Small businesses have many of the same legal issues as larger ones but typically, don’t have in-house counsel to guide them in protecting and growing their business. That is where a fractional general counsel (FGC) comes in to fill the gap. An FGC is an attorney...
Should You Go to Court Over a Business Dispute?
Should You Go to Court Over a Business Dispute?
For many small business owners, conflicts can get personal. No matter who allegedly injured the other, you may feel wronged and want to be vindicated regardless of the cost. However, litigation should always be the last resort. It is expensive and time-consuming...
Why Your Contracts Should Require Mandatory Alternative Dispute Resolution
Why Your Contracts Should Require Mandatory Alternative Dispute Resolution
Contractual disputes are sometimes unavoidable. While a well-drafted agreement can minimize the likelihood of conflicts, it’s best to plan for how to resolve disagreements without resorting to litigation. Going to court is time-consuming and expensive. Fortunately,...
Minimizing Disputes Over Appraisals of a Private Company
Minimizing Disputes Over Appraisals of a Private Company
Private company valuations present challenges because shares are not traded on a public exchange. As discussed in our prior post on How to Value Shares in a Private Company, there are certain factors that should be taken into account in determining what a company...