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What Legal Risks Do Businesses or Business Owners Face | Arizona

Neal Bookspan | 1520 Views | 12/01/2014

My name is Neal Bookspan. I’m a partner at Jaburg and Wilk. I help my clients manage their legal risks in the area of litigation, transactional work, and creditor’s rights.

How do you approach advising businesses or business owners about the legal risks they face?

I try to help my clients manage their legal risk. I consult with them on all aspects of their business and legal issues. This can include their employees who are both an asset and a burden, the contracts they have with customers and vendors, insurance issues. In doing this, I talk to them about what they’ve got in place, documents they could need, documents they have that might need to be revised, and try and figure out whether there’s something I can help them with, or possibly one of my partners can help them with because of the various specialties that we have within our firm.

What types of legal risks do businesses or business owners face?

Business owners face all kinds of legal risks. One of the initial things that jumps out usually is the risks relating to employees. In many businesses, they have a lot of confidential or trade secret information. It could be just the processes they use to work or their customer list. In looking at these items, a lot of times they’ve not put documentation in place to protect them if an employee leaves or is terminated. So a lot of times, we’re looking at how can we do things to help protect the business owners in the event that something does happen.  What we live in is the hypothetical world of the what ifs and so we want that when it comes to the real world and the reality of what the employers have to deal with, that they’re able to have the best position to maintain their business, and make sure people like former employees are not trying to take their business from them.

By: Neal Bookspan

What Legal Risks Do Businesses or Business Owners Face | Arizona

My name is Neal Bookspan. I’m a partner at Jaburg and Wilk. I help my clients manage their legal risks in the area of litigation, transactional work, and creditor’s rights.

How do you approach advising businesses or business owners about the legal risks they face?

I try to help my clients manage their legal risk. I consult with them on all aspects of their business and legal issues. This can include their employees who are both an asset and a burden, the contracts they have with customers and vendors, insurance issues. In doing this, I talk to them about what they’ve got in place, documents they could need, documents they have that might need to be revised, and try and figure out whether there’s something I can help them with, or possibly one of my partners can help them with because of the various specialties that we have within our firm.

What types of legal risks do businesses or business owners face?

Business owners face all kinds of legal risks. One of the initial things that jumps out usually is the risks relating to employees. In many businesses, they have a lot of confidential or trade secret information. It could be just the processes they use to work or their customer list. In looking at these items, a lot of times they’ve not put documentation in place to protect them if an employee leaves or is terminated. So a lot of times, we’re looking at how can we do things to help protect the business owners in the event that something does happen.  What we live in is the hypothetical world of the what ifs and so we want that when it comes to the real world and the reality of what the employers have to deal with, that they’re able to have the best position to maintain their business, and make sure people like former employees are not trying to take their business from them.

By: Neal Bookspan