Tag: outsourced general counsel

No business owner wants to deal with the headache and expense of a lawsuit. But unfortunately, even the most well-meaning businesses can find themselves on the wrong side of the law. The good news is that you can take steps to help avoid legal problems before they occur. One of the best ways to protect your business from lawsuits is to be proactive about risk management. This means taking steps to identify and mitigate risks before they result in legal action. You might perform regular safety audits of your workplace, […]

Labor shortages have affected many industries, but few as harshly as the manufacturing industry. In our modern world, manufacturing jobs require not only operational know-how but also substantial digital expertise. Workers with the necessary skillsets are rare, and many who do have the necessary skills have moved on from manufacturing jobs to positions with higher pay, better benefits, or more flexibility. Increased costs and supply chain disruptions caused by lockdowns and the Russia-Ukraine war are only exacerbating problems in the manufacturing industry. Employers in the manufacturing industry are now faced […]

Most small and medium-sized businesses begin as an idea. Over time, that idea is developed and refined into a thriving company. Most entrepreneurs are dreamers at heart. However, they are forced to focus on more practical, immediate matters when building their businesses. Unfortunately, many business owners and business leaders find themselves so busy dealing with day-to-day business operations they no longer have time to be the visionary they once were. If this situation describes you, it may be time to reevaluate how you spend your time. Are you taking on […]

Contractual relationships are the backbone of a successful business. Unfortunately, many business owners are stretched so thin that reviewing contracts gets put on the back burner – especially during these chaotic times. It can be easy to overlook contract renewals or proceed with a renewal without updating or negotiating the contract terms. Business contracts should be checked frequently to account for changing needs, increased expenses, and other concerns. Failing to regularly review and modify contracts as needed can cost business owners precious time and money. Contract Review and Negotiation is […]

To say that the last couple of years have been a whirlwind of change is an understatement. Between the pandemic, record-high inflation, supply chain issues, and labor shortages, many business leaders are feeling overwhelmed and uncertain about the future. Simultaneously, many employees are leaving their jobs in search of better pay, more flexibility, and work-from-home opportunities. The mass exodus of workers has been dubbed “The Great Resignation.” Many business owners and managers have been left struggling to find enough staff to keep their doors open, let alone strategize for long-term […]

Many times, small and mid-size business owners try to tackle legal issues on their own. They may pass on legal matters to their Chief Financial Officer or hire ad-hoc attorneys as issues crop up. The problem with these approaches is that if you are doing it yourself, then you are taking away your time to be the visionary for your company. Furthermore, legal matters are complicated, and making mistakes can lead to serious financial consequences. If you pass legal issues on to your CFO, you have them wear too many […]