3 Ways to Protect Your Business From Personal Injury Lawsuits

For almost all business owners, taking on the risk of a potential personal injury lawsuit is just part of the cost of doing business. You can’t really help it if someone gets hurt on your property in some cases. Luckily, there are things you can to do help prevent this from occurring and to protect your business in the event that someone does get personally injured at your place of business.

Personal injury lawsuits

To help you figure out how to handle these types of situations, here are three ways you can protect your business from personal injury lawsuits.

Understand The Law

To best keep your business protected from a personal injury lawsuit, it’s going to be helpful for you to know and understand that laws that fall under this category.…

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Lawsuits For or Against You and Your Business

Even though you would probably prefer that your business never gets involved in any lawsuit, there are lots of different instances where it can happen. Sometimes they’re your fault. Sometimes they are not. But, at least having a basic set of information about what lawsuits mean coming from you or going away from you as a business entity makes sense on a practical level.

Small business lawsuits

You need to know about lawsuits on defense and offense. You need to understand how to legally protect your money and assets in the event of issues. And it’s not a bad idea to do a risk assessment if you might end up losing more money than you gain even if your lawsuit is successful.…

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The Role Public Liability Plays in Protecting Your Business

From a business perspective, most business owners and company heads are familiar with professional insurance for their contracting or professional work, otherwise known as errors and omissions coverage. However, the risk of public liability is also present for the average company, and can bankrupt a good business with one or two bad lawsuits.

Caution wet floor sign

Public liability: What you need to know

A business or individual contracting himself as a professional business is responsible for all of its actions and production, even for those effects that result in personal injuries or loss. For products, most people are familiar with product liability, but a business can also be responsible for any injury its activities or services cause as well.…

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The Benefits Of Building A Relationship With A Law Firm

Entrepreneurs and business leaders are faced with a variety of challenges on a daily basis. Some of the most difficult challenges business owners face are those that concern matters of law. Even the most experienced business leader may be at a loss when it comes to the ins and outs of legal documents, actions and proceedings.

Benefits Of Building A Relationship With A Law Firm

Instead of making risky guesses on legal matters, business leaders and entrepreneurs can place their trust in law firms. Businesses of all sizes can benefit from keeping a law firm on retainer. Having a firm on retainer essentially means that a business leader has an advocate on his or her side whenever needed.…

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Don’t Make a Federal Case Out of It

business disputes and lawsuitsEven as we’re starting to see the early stages of an economic recovery, businesses and individuals continue to trudge through the ugly legal fallout of deals-gone-bad.   Countless lawsuits have resulted from soured joint ventures, alleged breaches of contract, and plain old disputes over who owed what to whom.   These lawsuits can be costly, time-consuming, and counterproductive.   Worst of all, they can distract you from what’s truly important: tending to your business’s current needs and helping it survive-and thrive-for the future.

As reported in the New York Times on December 28, 2009, recession-related lawsuits, even apart from home foreclosures, are on the rise.  …

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