Special Report
Firm commitment
How to work with your lawyer to cut your long-term costs
By Kim Carrasquillo
Smart Business Atlanta | November 2009
Page 1 of 3
Paying a lawyer may be the last thing you want to think about. But when it comes to keeping your company afloat, seeking counsel can be your life vest.
During troubled times, you need an adviser who understands your business and your leadership personality. While many CEOs see trips to the lawyer’s office in terms of dollar signs, keeping ahead of the legal curve will pay off in the long run.
“When a business owner sees a potential legal problem, reaching out sooner rather than later is much more cost effective for the business owner,” says Stephen W. Riddell, managing partner of Atlanta office, Troutman Sanders LLP.
Your attorney can be a valuable member of your cabinet who provides strategic advice to boost your bottom line. By viewing your lawyer as a business partner — and his or her fee as an investment in your company — you can capitalize on your lawyer’s legal training and experience.
