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How to work with your lawyer to cut your long-term costs

By Kim Carrasquillo


Smart Business Indianapolis | November 2009

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Byron Myers, chief managing partner, Ice Miller LLP
Byron Myers, chief managing partner, Ice Miller LLP

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.

“Seeking legal advice can prevent small legal issues from becoming big, expensive legal problems,” says Byron Myers, chief managing partner, Ice Miller 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.

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