Interview Phil Crowley.
Philip P. Crowley, is a dedicated attorney who has been handling legal matters for pharmaceutical, biomedical, medical devices, information technology and other technology companies for over 30 years. He has also spent nearly 25 years on the board of trustees of the Stevens Institute of Technology, with substantial involvement in the oversight of academic innovation and entrepreneurship.
Talking Points from Phil Crowley
on Protecting Your Business From the
Negative Impact of a Lawsuit:
Many business owners seem reluctant to engage a lawyer until they run into a problem. Actually, having an experienced business lawyer as an advisor can save you time, frustration and money—and potential litigation.
7 Facts That Can MInImize
Your Risk of a Potential Lawsuit
-
- Just having a corporation or limited liability company (“LLC”) is not enough to protect you and your business from unwanted liabilities. Lawsuits are a part of modern business life and if an entrepreneur fails to plan for them he or she is risking losing much of the value of the enterprise.
- The sad truth is that an opponent can file a lawsuit against you and your business without having a justifiable claim. Some opponents file lawsuits as a tactical approach to frighten or embarrass competitors or drain their resources, including precious management time that should be focused on driving the business forward.
- This is why appropriate liability insurance is important. With that in place, the insurer will pay to have legal counsel to defend you and your company against covered claims.
- In a lawsuit, all of the books and records of the business relevant to the case are open to the opposition in what is called discovery. So, memos that you considered “confidential”—some of which may be very unflattering to the author—will come out.
- You need to build in a process where you and your team ask yourselves when sending a memo or email “How would this appear if it was ever looked at in a legal proceeding?”
- Having an experienced business lawyer as an advisor to plan on how to minimize these risks can be an excellent approach to risk management.
- Just having a corporation or limited liability company (“LLC”) is not enough to protect you and your business from unwanted liabilities. Lawsuits are a part of modern business life and if an entrepreneur fails to plan for them he or she is risking losing much of the value of the enterprise.
Available for Interviews: Phil Crowley.
Philip P. Crowley is an attorney for over 30 years who is passionate about helping grow technology companies seize opportunities and avoid expensive legal mistakes as they make ideas come to fruition. Mr. Crowley has also spent nearly 25 years on the board of trustees of the Stevens Institute of Technology, with substantial involvement in the oversight of academic innovation and entrepreneurship. He is the Managing Partner at the Law Office of Philip P. Crowley, LLC. Visit Phil Crowley on the web at www.CrowleyLawLLC.com
Contact:
Jo Allison
Managing Editor
Director of Public Relations
MEDIA AMBASSADORS
Success in Media, Inc.
Jo@SuccessInMedia.com