Is there anything I can do to reduce the chances of my business being sued?
Is there anything I can do to reduce the chances of my business being sued?
There are steps you can take to reduce the likelihood of being sued. Of course, anyone can sue anyone else at any time. You know, you’ve heard of all the silly lawsuits out there. It’s unfortunate, but what you want to do is give yourself the most amount of leverage possible so that you reduce the likelihood that you will get sued. And the way that you can do that is by having very strong contracts with some clauses in your contracts that that state that if you are sued, that the prevailing party is going to get attorney fees, that is a huge detriment to bringing a lawsuit, which is if I lose, I’m going to you know, also have to pay for this person’s attorneys fees. So you want to have good agreements in place between you and your other business owners and really good contracts in place. Whether it’s a service agreement, or you’re distributing a product, you’re gonna want to protect yourself as much as possible to reduce the likelihood you get sued, and also put yourself in the best position that you possibly can if in fact, you are hit with a lawsuit