If you’re considering taking our Business Legal Lifecycle Risk Assessment Tool and have done your research on the web you’ve probably encountered some discussion about the problems with this type of advice.
The purpose of this article is to address, with full disclosure, what the limitations are of the tool … but we won’t leave you there. We will give you all of the ways that you can use those limitations to your advantage. In the spirit of full disclosure, we have to point out that there are “problems”.
What our tool is designed to do?
Our tool is designed to be quick and easy to do. It asks around 30 questions and should take you about 10 minutes. It is designed to give you a snapshot of your legal risks by identifying what you have in your business and what you are missing. By identifying which phase you are in, in the Business Legal Lifecycle you will understand better what your legal gaps are in your business so that you can plug them.
What our tool is not designed to do?
The tool is specifically designed to produce a report that you can take to your lawyer so that they can help to implement the legal risks. Generally to obtain this type of advice from a lawyer would require an investment of around $1,000.00 (or 1,000.00 pounds) so that the lawyer can interview you, obtain all of your information and then write the report. Alternatively often lawyers may try to do this advice for free and then charge you more when they implement and do the work.
Either way the report is designed to save your time and money to find out this information and then have your lawyer do the work. We have also designed it to explain to you, in plain English, what all of these legal terms mean and why they are important. This means that when you go to see your lawyer you will not need them to explain what you need to do, you will already understand.
How you can use it to better work with your lawyer
Designing a tool that identifies every single risk factor in your business is impossible and any tool that tried to do that would take many hours to complete. Your time is far too valuable to waste doing that and any tool that pretends to do that will have gaps. For that reason we designed the tool to give you a broad understanding of what your legal risks are and what to do about them.
The same is true of our education material and Jeremy Streten’s book, The Business Legal Lifecycle. They are designed to give you a broad understanding of what you need to put in place for your business.
About Business Legal Lifecycle
At Business Legal Lifecycle we know that dealing with a lawyer can be difficult, it can seem daunting and costly. That is why we have designed our Legal Risk Assessment Tool and Education Course to help you to understand the law without a law degree. It is often difficult to understand the costs that you will save by taking a proactive approach (by its very nature a proactive approach saves you money that you would otherwise spend) but trust us that the savings are huge.
By working together with the Business Legal Lifecycle lawyers can help their clients to prevent legal risks within their business and prevent so many problems that commonly afflict small to medium sized businesses.
Get your Business Legal Lifecycle Legal Risk Assessment by clicking here now.