Special Report
Firm commitment
How to work with your lawyer to cut your long-term costs
By Kim Carrasquillo
Smart Business Los Angeles | 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.
“We can, as the company’s trusted adviser, help the leaders think about what their growth will look like, how they should be thinking about their future legal needs and help them avoid costly litigation later,” says Gary Singer, co-chairman, transactions department, O’Melveny & Myers 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.
