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Do not rely on the standard practices of others to tell you what’s legal.

Monkey see, monkey do. Industry cultures become standard practices.  Specialized industries, especially those in emerging areas, often develop standard practices that are not in compliance with the law or may be vulnerable to liability. I often see a client that wants to emulate the model of another, only to find that the model has a number of defects that have yet to be exploited by a government investigation or a legal dispute.

Nasir Pasha, Esq.

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Managing attorney and co-host of podcast Legally Sound | Smart Business

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