Business Goals and Limiting Liability

Chances are that your lawyer has never encouraged you to establish business goals as a legal strategy.  In this blog, I hope to convince you that goal setting is a great way to reduce your chances of getting sued or having other legal troubles.  Of course, setting goals is only part of the battle.  What’s a goal worth, if you never take the next step: Implementing a plan to meet those goals?  But, let’s start here- Goal Setting.

I think business goals are best defined as components of your “Vision.”  What is it you are trying to create, build, rebuild or restructure?  What will your company look like in 12, 25, 60 months from now?  For example, I am involved in helping to launch a virtual law service- www.IndianaVirtualLaw.com.  IndianaVirtualLaw has a vision of its intended future.  It is becoming the best, online law firm providing a wide range of legal forms, documents and other “unbundled services” with no fewer than 80 regular clients and 200 annual clients within 12 months.  IndianaVirtualLaw intends to be an automated, forms-driven service that is almost entirely…

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