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The new year is here, and if you’re like most business owners, you’re mapping out goals, budgets, and big plans for the year ahead. But let me ask you this: have you factored in a legal check-in with your business lawyer?
For many business owners, legal protection is an afterthought—until something goes wrong. Contracts get overlooked, terms are outdated, or you’re operating in new areas without the right agreements in place. The result? Gaps in your legal foundation that could cost you dearly.
You wouldn’t run your business without regular financial reviews, so why take chances when it comes to your legal foundation? Ignoring potential legal issues doesn’t make them disappear—it just makes them more expensive when they arise.
A legal check-in is your opportunity to get ahead. It’s a chance to identify risks, patch up the gaps, and ensure your business is watertight for the year to come.
It's what I like to call an annual ‘business health check’—except this one keeps you out of costly disputes and legal headaches.
Key Questions to Ask Your Business Lawyer
So, if you do take my word for it and opt in for a business health check, here are some things you can ask your lawyer to gauge where your business legal health is at:
Are my contracts up to date and compliant? Laws change, industries evolve, and so do your products and services. Ask if your client agreements, supplier contracts, and employment terms need a refresh or update to keep you compliant and protected.
What legal gaps are in my business? Are you offering new services? Bringing on staff? Selling online? Each step comes with legal risks and responsibility. Your lawyer should pinpoint areas you’re exposed and advise how to fix them.
Am I adequately protecting my IP? If you’ve created new products, courses, or content, ask whether you need trademarks, copyrights, or better IP protections. Your ideas are valuable—don’t let someone else profit from them.
What will I need for planned and upcoming changes in my business? If you've done business planning for the next quarter, six months or year - then get advice on things you will need to consider when actioning the plan, to budget and prepare for implementing legals to support your plans,
Have there been any recent legal changes in my industry? Regulations and laws don’t stand still. From privacy laws to consumer guarantees, staying ahead of changes helps you avoid non-compliance and penalties.
Let’s Get Your Business Legally Ready for 2024
Don’t wait for something to go wrong to call your lawyer. My 1-hour strategy calls are the perfect place to review your legals, address risks, and set you up with peace of mind for the year ahead.
Book now and make sure your business is protected for the year to come.
Let’s start the year strong—no legal gaps, no surprises.
Disclaimer: This blog is for educational purposes only and does not constitute legal advice. For advice specific to your business and circumstances, please consult a qualified lawyer.
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