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25 TIPS FOR BUSINESS LEADERS FROM A LAWYER

25 TIPS FOR BUSINESS LEADERS FROM A LAWYER. Christopher R. Sackett BrownWinick 666 Grand Avenue, Suite 2000 Des Moines, IA 50309-2510 Telephone: 515-242-2470 Facsimile: 515-323-8570 E-mail: sackett@brownwinick.com Blog: http://bizb4law.com.

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25 TIPS FOR BUSINESS LEADERS FROM A LAWYER

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  1. 25 TIPS FOR BUSINESSLEADERS FROM A LAWYER Christopher R. Sackett BrownWinick 666 Grand Avenue, Suite 2000 Des Moines, IA 50309-2510 Telephone: 515-242-2470 Facsimile: 515-323-8570 E-mail: sackett@brownwinick.com Blog: http://bizb4law.com

  2. 1. Business Issues ALWAYS Dictate Legal Approaches

  3. 2. Business People Are Smarter, Bolder and More Creative Than Lawyers

  4. 3. Business People and Lawyers Speak Different Languages

  5. 4. Need to Simplify, Not Complicate

  6. 5. Clear Contracts are Essential

  7. 6. Choice of the “Right” Partners and the “Right” Entity Are Critical

  8. 7. It’s All About Risk-Reward

  9. 8. Even Legal Problems Have Solutions

  10. 9. Understanding Financials, People, Business and Legal Issues

  11. 10. Protect Your Assets – All of Them

  12. 11. Know What You Can’t Afford NOT to Do

  13. 12. Avoiding Surprises

  14. 13. Measure Twice, Cut Once

  15. 14. Know What You Don’t Know

  16. 15. The Right Tool for the Job – One Size Does Not Fit All

  17. 16. Deal Breaker Issues

  18. 17. The Value of Good Faith and Fair Dealing

  19. 18. The Value of Networking and Relationships

  20. 19. Partnerships, Joint Ventures, Investors and Employees Present Rewards AND Risks

  21. 20. You Can’t Always Get What You Want . . . But If You Try Sometimes . . .

  22. 21. Negotiations – Be A Mediator, Not A Gladiator

  23. 22. The Importance of Follow-Through and Attention to Detail

  24. 23. What You Need to Know About Litigation and Arbitration

  25. 24. What You Need to Know About Criminal Investigations

  26. 25. Be Strategic in Everything You Do

  27. How to Choose Your Lawyer – The Best Lawyers • like clients better than lawyers; • like relationships better than engagements; • like people better than statistics; • like talking better than e-mailing; • like business better than law; • like companies better than firms; • like solutions better than problems; • like proactivity better than reactivity;

  28. How to Choose Your Lawyer – The Best Lawyers (cont.) • like negotiations better than arguments; • like communications better than silence; • like conclusions better than analysis; • like simplicity better than complexity; • like certainty better than surprise; • like progress better than process; • like client business success better than client legal success; and • like client profits better than legal fees.

  29. Website: www.brownwinick.com Toll Free Phone Number: 1-888-282-3515 OFFICE LOCATIONS: 666 Grand Avenue, Suite 2000 Des Moines, Iowa 50309-2510 Telephone: (515) 242-2400 Facsimile: (515) 283-0231 616 Franklin Place Pella, Iowa 50219 Telephone: (641) 628-4513 Facsimile: (641) 628-8494 DISCLAIMER: No oral or written statement made by BrownWinick attorneys should be interpreted by the recipient as suggesting a need to obtain legal counsel from BrownWinick or any other firm, nor as suggesting a need to take legal action. Do not attempt to solve individual problems upon the basis of general information provided by any BrownWinick attorney, as slight changes in fact situations may cause a material change in legal result.

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