Prevention is Cheaper Than the Cure: The Value of Proactive Legal Advice
A Shift in Mindset Many people view lawyers as a last resort, someone to call only when a problem has escalated into a full-blown crisis. However, this reactive approach is often the most expensive and stressful way to handle legal issues. The smart and cost-effective solution is to treat legal advice as a preventative tool, engaging a professional at the start of a venture to avoid "small legal frictions" from ever becoming major problems. An Investment, Not an Expense It's crucial to reframe the cost of legal advice as an investment rather than an expense. Paying a lawyer for an hour or two to review an employment contract could save you from being bound by a non-compete clause that costs you your next career move. Similarly, a small upfront fee to set up the correct legal structure for your side hustle could protect your personal assets, like your family home, from being at risk if the business incurs debts. To learn more about how a proactive approach can protect you...