Most business owners understand that attorneys serve a useful purpose when problems arise. And while this is undoubtedly true, most people don’t realize that the true value of an attorney is not to defend you when problems arise, but to solve problems before they arise. Indeed, smart business persons involve legal counsel early and often, and here is why:
- Every transaction has a legal component and the law is complicated and ever changing. You need legal assistance to make sure you understand the consequences of your actions.
- Attorneys are trained to recognize legal problems before they arise, and can solve them before they become big problems.
- Attorneys are trained to investigate and evaluate facts. Sometimes business owners fail to connect the dots and walk into trouble without knowing what they are doing.
- There is an art to negotiation. Good business attorneys can guide business owners in what to say and what not to say to achieve the desired result.
- The business owner’s time is probably the most important and valuable resource the business has. A business owner who is investing valuable time trying to learn the rules and procedures of the legal process is wasting a very valuable company asset. Relying on legal counsel for advice may cost a few dollars, but in the long run is far more efficient and affordable than the costs associated with a distracted owner.
- Finally, if it looks like a simple solution is not possible, the introduction of a skilled attorney early in the process is invaluable to guiding the business owner in the proper strategy to proceed with litigation.
So you see, the true value of an attorney is not to address problems when they arise, but to solve problems before they become problems. Our attorneys and staff collaborate and innovate to help you succeed.
As always, we are offering a free estate plan review, please contact us. 775.852.2600