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Tips for Getting Better Litigation for Your Small Business
by Eileen OShanassy Wed, 02/15/2017 - 14:49
Many small business owners today have found that hard work alone is not enough to sustain a business with the increase in lawsuits that are being filed. Business owners need to put even more precautions in place to avoid becoming victims of such legal issues. Some legal issues arise due to a business not being able to completely resolve issues with other parties, while other legal matters are initiated due to fraudulent intentions or actions that put small businesses at risk. These can eventually escalate into larger legal battles. Below are some ways to avoid legal conflicts and how to obtain the best litigation should a legal issue arise.
How to Avoid Litigations and Law Suits
In general, it’s the business owner’s responsibility to prevent various lawsuits from taking place by being responsible for what they do and say on and off record and social media. The words you put out in public are pretty severely scrutinized, and with good reason. Below are some things to be aware of in your public presence.
Slander – What you, your staff members, or other representatives say about others in a derogatory, malicious, or slanderous manner, could often lead to lawsuits.
Stating False Claims – Check all the facts prior to making certain claims about individuals or other companies. False claims and misleading information often leads to lawsuits between companies and competitors.
Due-Diligence - Before hiring staff members and/or taking on a new joint venture partner, it's important to perform your necessary due diligence to better determine whether or not you’re bringing on someone with unscrupulous business practices.
How to Obtain Better Litigation for Your Small Business
If for whatever reason, you do find yourself in need of legal representation, you can add an additional layer of protection by first implementing the following:
Avoid Conflicts of Interest – Have well-written contracts in place and avoid situations that result in conflicts of interest.
Obtain Insurance – Make sure your business has basic business insurance coverage, such as Errors and Omissions Insurance, Worker’s Comp Insurance, and General Liability Insurance.
Also be sure to protect your electronic files from hacking and other technology security risks.
You will obtain better litigation if you not only have the information mentioned above in place, but also if you bring in an attorney as early in the game as possible. Whether for slander, Slip & Fall Accidents, or severance issues, this ensures all of your information is set up properly and in a manner that will provide you with the best legal protection possible. Having an attorney on board will also assist you with putting documents, insurance, and other legal barriers in place to further minimizing legal risks.
About the author
Eileen O'Shanassy is a freelance writer and blogger based out of Flagstaff, AZ. She writes on a variety of topics and loves to research and write. She enjoys baking, biking, and kayaking. Check out her Twitter @eileenoshanassy.