How Can Your Attorney Help Reduce the Risks of Running a Business?

The core of any business attorney’s job is working with businesses to reduce or eliminate risk.  This is done in a variety of ways, some of which are reviewed below.  The most important thing for any business is to establish an ongoing relationship with a competent and trusted attorney so that, working together, risk can be analyzed and handled.

Following are some of the ways business attorneys work with businesses to reduce and eliminate risk:

1.  If the business is not formed as a limited liability entity (either a corporation or a limited liability company) and its activities involve any significant level of risk, a business attorney can analyze and work with the business to evaluate whether such an entity makes sense and, if it does, work with the business to form that entity.