If you’re a business owner, it’s crucial to have legal representation to protect yourself. Businesses can easily be devastated by a single lawsuit or claim. While you might believe your business is not at risk of being sued, legal issues often arise when least expected. Here are a few instances where having legal representation is essential:
1) Worker’s Compensation Insurance: Some business owners assume that worker’s compensation will shield them. Although this insurance can provide some protection, an injured worker may still have grounds to sue. Without preparation for a legal dispute with an employee, your business could face significant challenges. Ensure you have a legal team specializing in business litigation ready to handle such situations.
2) Product Liability: If your business provides products to customers, accidents can happen. Products and devices may malfunction, leading to injuries. If someone is harmed by one of your products, they may attempt to sue for damages. A settlement in such a case could be detrimental to your entire business.
3) Handling Legal Documents: When dealing with important legal documents, it’s advisable to consult with a lawyer. Many businesses heavily rely on contracts and details within documents. Contracts often specify crucial information about a business’s rights and limitations. Overlooking important details in a contract could harm your business and earnings. Work closely with a legal team specializing in business litigation to protect yourself.
These examples underscore the importance of having a legal representative on your side. Don’t assume that worker’s compensation alone will fully protect you if found liable for an employee’s injuries. Additionally, be mindful of the common occurrence of lawsuits related to malfunctioning products. Keep a legal team ready to tackle lawsuits as they arise. If you need crucial documents reviewed before signing, consult with your attorney. For more information, contact Schwab & Gasparini today.
