11/15/2021
Adopt a Mentoring Program:
From Socrates and Plato to Obi-wan and Luke, the apprentice/protégé relationship has long been an integral part of society. Yet, in the business world, mentoring programs might begin with great gusto but are abandoned as workloads increase. A mentoring program need not be elaborate or formal and will vary based upon need and company size, but it is essential and should be consistent. After all, who will lead and guide the business when management is ready to pass the torch? Who will fill critical roles with clients and strategy when the CEO goes on a two-week vacation? Managers must ensure that their younger associates will be ready to competently assume leadership roles.
11/13/2021
Have a Crisis-Response Plan:
Many companies are not prepared to respond to a major crisis. Effective crisis management requires prompt decision-making regarding the investigation of the accident; the preservation of privilege, key data and documents; disciplined internal communication; and appropriate public communication.
11/11/2021
Know Your Litigation Risks:
There is no one-size-fits-all approach to the handling of litigation on behalf of businesses, or assessing risks businesses reasonably face or anticipate in carrying out their practices. Some businesses are heavily regulated, while others aren’t. Publicly traded businesses face challenges and litigation risks that other, privately-held businesses typically do not.
11/09/2021
Have Clear Dispute Resolution Agreements:
When people start a business—whether its a corporation, partnership or limited liability entity—they usually have a common vision and, potentially, tight funds. It can be tempting to skimp on partnership and operating agreements, but hiring an attorney to think ahead about how disagreements get resolved can contribute to the stability of the company.
11/05/2021
We identify legal risk. Before it becomes a problem.
