Proper attention to the legal issues involved in running
a business can be complex, time consuming, and expensive. It is difficult for even the most dedicated
management team to identify and address all the potential legal issues which
may arise. Failing to proactively identify and address these issues can leave
the business, its owners and managers at risk.
At the same time, investing the time and resources to do so distracts
the owners, managers and business team from focusing on the core strategic
mission of the business and diverts resources from the ability to maximize
profits.
One way to address these issues is to employ a full-time
in-house legal department or general counsel. However, for many businesses this
is not a feasible option. Accordingly,
business owners have traditionally opted to muddle through the legal issues on
their own and hope that the online forms are good enough to avoid putting them
at risk, and then hire private counsel on an as needed basis. This is seldom a workable solution. The
do-it-yourself legal solution diverts attention from running the business and
leaves the business owner wondering whether it was done right, hoping that it
will achieve the desired outcome and praying that it has not put them at risk. When
counsel is retained it is usually in the midst of a crisis or distress. In this
scenario, the attorney seldom has a real understanding of the core mission and
culture of the business and the work is performed at an exorbitant hourly rate
which encourages inefficiency on the part of the lawyer and discourages the
business owners, managers and employees from building a relationship with the
lawyer. Once again, it distracts key management
from focusing on the business and diverts their attention toward supervising
and managing the legal project. In short, it is an expensive, stressful and
unproductive exercise.
There is a better way.
Imagine an attorney who does not bill you in one tenth of an hour
increments, a lawyer who takes the time to learn about your business, to get to
know the unique culture and core strategic goals of your business, an attorney
who becomes part of your business team and proactively works to identify and
resolve legal issues before they arise and is available to address issues when
they arise.
Maughan Law Group LC strives to be a different sort of
law firm. By working with a small group
of business clients on a set recurring monthly fee our firm can eliminate the
inefficiencies inherent in an hourly billing model and take the time to become
that trusted legal advisor and counselor that can help you integrate your legal
needs into your core business strategy. Our
goal is to integrate with your team, form relationships with you, learn about
your business, your goals and your dreams so that we can work with you to
proactively identify and correct legal issues before they become an issue.
Business owners and managers often identify only those
legal issues which are obvious and directly in front of them. Maughan Law Group LC strives to scan our
client’s business environment and identify issues which may put the business at
risk or simply hinder the business ability to thrive, grow and succeed.
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