Special Report
Firm commitment
How to work with your lawyer to cut your long-term costs
By Kim Carrasquillo
Smart Business South Florida | 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.
“A good, experienced lawyer will understand or try to understand his client’s business and will come across legal and business developments that can be invaluable to the client,” says Bowman Brown, chairman of the executive committee and the Financial Services Industry Practice Group at Shutts & Bowen 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.
