The Four Mistakes: Avoiding the Legal Landmines that Lead to Business Disaster

The Four Mistakes: Avoiding the Legal Landmines that Lead to Business Disaster

by Michael G. Trachtman
     
 

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 “[T]his book will…provide substantial advantages for business owners, executives and managers seeking a competitive edge.  Much of the information and strategies…can be utilized not only as a shield, but also as a sword.” – Michael G. Trachtman, Esq.

 

According to a 2007 “Litigation Trends

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Overview

 “[T]his book will…provide substantial advantages for business owners, executives and managers seeking a competitive edge.  Much of the information and strategies…can be utilized not only as a shield, but also as a sword.” – Michael G. Trachtman, Esq.

 

According to a 2007 “Litigation Trends Survey”:

- Of the smallest companies surveyed, 17% had at least one lawsuit where $20 million or more was claimed

- Among mid-sized companies, 98% had from one to twenty $20 million lawsuits

 

Lawsuits destroy companies and careers—but with a little forethought, they CAN be prevented.  Attorney Michael Trachtman provides a lively and clear guide to the four most common legal mistakes made by business owners, executives, and employees—errors that can lead to loss of money, creative capital…or worse. Each chapter examines one of the mistakes through the dramatic story of a fictional lawsuit, along with tangible advice on avoiding the problem. Trachtman even reveals how to take advantage of a competitor’s mistakes and turn their unmanaged risks into opportunities.

  

THE FOUR MISTAKES:

Mistake One:  Losing the Documentation War

Mistake Two:  Losing the Employee versus Employer War

Mistake Three: Giving Away the Secrets of Your Success

Mistake Four:  Climbing Mountains that Should Have Been Molehills, Fighting Battles That Don’t Have to be Fought

 

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Editorial Reviews

Publishers Weekly
Trachtman, president of a Philadelphia law firm and founder/operator of a consulting outfit, condenses 30 years of experience helping businesses out of legal trouble to outline four of the most common mistakes. Trachtman says that business, "in substantial part," is "the art of foreseeing and managing risk," but that the risks posed by our laws and legal system often go unnoticed until lawsuits are threatening to bring down a successful company. Including chapters on documentation, the employee-employer divide, "competition v. protectionism," and facing problems appropriately ("mountains that should have been molehills"), Trachtman cites actual cases and up-to-the-minute changes in legislation, offering proactive strategies through a sustained, fictional lawsuit narrative. This attorney's toolbox shows that a little knowledge on employment law, even if some of it is technical legalese, goes a long way; Trachtman's contention that Congress and the Obama administration have promised to make it easier (and more profitable) for employees to sue employers means it's more pressing than ever for business owners to grasp the legal issues at hand.
Copyright © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.

Product Details

ISBN-13:
9781402781490
Publisher:
Sterling
Publication date:
11/09/2010
Sold by:
Barnes & Noble
Format:
NOOK Book
Pages:
256
File size:
1 MB

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