In both medicine and business law practice, a generalist approach with a holistic perspective is crucial for achieving the best outcomes. General practitioners, whether in medicine or law, provide historical and contextual insight, holistic evaluation, comprehensive treatment or guidance, identification of unusual or hidden issues, and guidance on optimal options. This comprehensive approach ensures that all aspects of health or business are considered and addressed, leading to more effective and sustainable solutions for patients or clients.
This article we explore the difference between specialized and general expertise for entrepreneurs and focus on why a generalist approach can be more beneficial, especially for legal affairs. A generalist approach can provide several advantages, including problem-solving skills, adaptability, leadership skills, innovation, and cost-effectiveness. By leveraging a strategic general counsel approach, small businesses can benefit from the broad viewpoint of a generalist lawyer, ensuring they make the right legal decisions and avoid costly mistakes. The Equinox approach finds a balance between specialized and general expertise for entrepreneurs to help them level the playing field with megacorps who employ general counsel on the payroll.
Small businesses face numerous challenges, from competition to financial instability to legal risks. By using the power of law, small businesses can protect themselves, level the playing field, and succeed. In this blog post, we'll explore how small businesses can use the law to protect the business they love, like Elle Woods in the movie "Legally Blonde" shows us that anyone, regardless of their background or stereotypes they may face, can make a positive impact using the law.
How small businesses and entrepreneurs can affordably and effectively implement the benefits of legal infrastructure (entity structure, insurance, and contracts) for both a preventative and proactive strategic advantage for growth.
It’s hard to have a successful business without a healthy Sales and Marketing operation. As a business grows so does the complexity of protecting product production, sales, and marketing from liabilities and vulnerabilities. Yet many business leaders go blindly at it alone “not knowing what they don’t know” leads to mistakes. “Learn from the mistakes... View Article
What would happen if you lost the assets you rely on to make your business work? You have invested a lot in your business’s physical assets. These assets are often the tools of the business necessary to deliver your goods and services such as your facilities, equipment, and data. Does your business fully protect its physical assets with a proper legal infrastructure?
On October 31st, the flexibility in completing I-9 forms remotely will expire and employers will once again need to conduct an in-person inspection of the documents. Additionally, the traditional I-9 form will be presented in a new format that will compress sections one and two to reduce paper.
While your competitors may have ownership issues bogging down their decision making, you will be able to grow together -- or to separate -- with confidence. Learn how to leverage the legal infrastructure tools – the Shareholder Agreement or Operating Agreement, key insurance policies, and a limited liability entity structure, to create strong relationships among owners and ensure the individual owners are protected from the activities of the company and from one another.
In owning a business, you take responsibility for an entity separate from yourself. Daily, you make operational and strategic decisions on behalf of the entity to increase revenue and serve your customers. The goals you pursue are a means of creating business value. The value, though, arises from the cash generated by the business and... View Article
