You may be thinking why would I complete the Business Legal Lifecycle Risk Assessment myself when I can just go to my lawyer and get this advice. That is a great question, after all that is what you have a lawyer for, right? The purpose of this article is to provide you with the answer to that question.
The Business Legal Lifecycle Risk Assessment produces a comprehensive report of your business. This then empowers you to go to see your lawyer knowing that you already know what your legal risks are and therefore are prepared for your meeting with your lawyer that will save you both time and money.
The Risk Assessment can be completed online in around 15 minutes and best of all you can complete it at a time that suits you. That means you don’t have to take time out of your business to go to your lawyer and sit with them while they ask you questions. Then wait for a week or two while they prepare the report about your legal risks.
Having all of the information set out in the report ensures that there is nothing overlooked. The report clearly outlines what you have in place for your business and what is missing from a legal perspective.
This then results in your lawyer having to spend far less time gathering information from you and can focus on what needs to be done going forward. The general cost of getting this advice from a lawyer would be around $1,000.00 so it is a huge cost saving for you in lawyer’s fees.