This may be a little self serving here, but this concept really applies in business. Most businesses do not realize how much they could save if they pay a little now for legal help then later when they actually need it. Litigation is always going to be more expensive than preventative care. The main reason is that win or lose, litigation costs you. In most cases, you'll never receive your out-of-pocket attorneys fees even if you win. Many attorneys do not like to talk about the hidden costs of a lawsuit for a business, i.e. the tremendous distraction and stress that it can have on day to day operations. Litigation is a necessary evil that should be avoided by mitigating your risks now.
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Legally Sound | Smart Business covers the top business stories with a legal twist. Hosted by attorneys Nasir N. Pasha and Matt Staub of Pasha Law, Legally Sound | Smart Business is a podcast geared towards small business owners.