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Is there anyway to minimize the risk of business litigation?

Owning a business is often a stressful endeavor. There are a lot of potential problems that can, ultimately, break a company. The threat of business litigation is certainly a big issue that will keep company owners up at night. Is there anything business owners in Michigan or elsewhere can do to minimize the risk of business litigation?

There are actually quite a few things company owners can do to help avoid potential lawsuits. For starters, putting appropriate policies in place that comply with employment laws is vital. How these policies are laid out in employee handbooks, contracts, memos or any other official company documents is also important. Any errors will only help employees should they choose to file legal complaints.

For businesses that have people in upper level management or supervisory roles, training is key. It is the people in these positions that will be in constant contact with staff members on the front line. When those in positions of authority abuse their ranks, staff members may have legal recourse if appropriate actions are not taken to resolve such situations.

Legal actions taken by customers is a whole other matter. Breach of contract claims are common, especially if a client is dissatisfied with one's products or services. These may be avoided by having legal counsel on hand to review or draft agreements before they are signed.

Business litigation issues can be financially and emotionally draining. Michigan business owners can help put fears to rest by ensuring they have done everything possible to protect their companies. An experienced business and commercial law attorney can help with this by reviewing the needs of a company and assisting owners with putting all appropriate legal measures in place.

Source: FindLaw, "Procedures to Reduce the Risk of Litigation and Liability for Discharges", Accessed on Sept. 3, 2015

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