As a business owner, you should know that legal issues can come out of nowhere. Whether it’s a dispute with a vendor or a lawsuit from a customer, it’s essential to have the right legal support on your side. According to a study by The U.S. Small Business Association, 90% of all businesses face a lawsuit at some point. In this blog post, we’ll explore how you can be prepared in the event of a legal problem and our top pick for small business legal services so you can be prepared for any challenge that may come your way.
Step 1: Don’t Panic
The first thing to remember when your business is facing any legal issue is to stay calm. It’s easy to panic and feel overwhelmed, but try to keep a level head.
Take a step back and assess the situation. Ask yourself:
- What is the legal issue?
- What are the potential consequences?
Once you have a clear understanding of the situation, you can start taking the necessary steps to address it.
Consult with an Attorney
The next step is to consult with an attorney, but not just anyone. You’ll want to work with an attorney who specializes in the type of legal issue your business is facing. For example, if you’re dealing with a contract dispute, you’ll want to work with someone who has experience in contract law. The right attorney can help you understand your legal rights and obligations and provide guidance on how to proceed with the issue.
Consider LegalShield For Small Business Legal Services
LegalShield offers a variety of legal services, including access to attorneys who can help with a range of legal issues. With LegalShield, you can get legal advice on demand, so you can get the help you need when you need it. They offer advice, research, and consultations and can even send documents or make phone calls on your behalf. Business success requires sound legal counsel. Check out LegalShield for a range of small business plans today
When it comes to legal issues, it’s always better to be proactive rather than reactive. That means taking steps to prevent legal issues from arising in the first place. One way to do this is to have a legal review of your business practices and contracts.
LegalShield or your trusted attorney can help with this by providing reviews of your contracts and agreements.
Keep Good Records
Finally, it’s essential to keep good, detailed records of all your business activities. This includes contracts, agreements, invoices, and any other documentation related to your business. Having these records can help you in the event of a legal issue by providing evidence to help support your position.
No business owner likes to think about legal issues, but it’s an unfortunate reality. Having the right legal support on your side can make all the difference in dealing with those issues successfully. It provides peace of mind knowing that their qualified professionals are there to provide thorough legal advice and guidance along with pre-paid access to attorneys.
Having proper legal solutions in place can give you the confidence that any legal issue you face can be dealt with appropriately and quickly, allowing you to stay focused on their business and not get tangled up in an expensive legal battle.
So whether you’re just starting out or looking for extra protection for an established company, making sure you’re prepared with a strong defense strategy is essential. With LegalShield on your side, you can rest easy knowing your small business will always have top-notch legal protection when you need it most.