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Ep. 131 - Using Contracts to Protect Your Business with Kristen Herwitz
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Navigating Contracts
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In this episode, I'm joined by Kristen Herwitz, a business attorney and strategist who shares her expertise on contracts and the importance of protecting client relationships. Kristen's passion lies in assisting marginalized groups, and her values-based approach to legal services has made her a sought-after advocate for fair and equitable business practices.
Contracts and Protecting Client Relationships
It's important to have intentional conversations and protect your personal relationships when entering into business arrangements. Contracts should not only outline legal obligations but also consider the long-term impact on client relationships and privacy. Consider potential scenarios where something goes wrong and be mindful of payment structures. To mitigate risks and ensure fairness, seek professional guidance when creating contracts.
Values-Based Decision-Making
Contracts play a crucial role in protecting the rights of all parties involved. You must comply with state laws and have a lawyer who understands them. This is especially important when it comes to employment classification and non-compete clauses. Being informed and intentional about values-driven decision-making can help create a business environment that is fair, inclusive, and protective of all stakeholders.
Ownership Rights and Licensing in Contracts
Another essential aspect of contracts is addressing intellectual property ownership. The default ownership rights in the legal industry often require negotiation. Clear communication and contracts can minimize misunderstandings and ensure that both clients and businesses are aware of their respective rights and responsibilities.
Having the right legal adviser to strategize and grow your business makes the biggest difference. Clear communication and contracts are key in minimizing misunderstandings and protecting your business, clients, and employees. Start to take action to protect your business by listening to this episode.
What’s In This Episode
The importance of contracts and fair treatment
Protecting client relationships and privacy
Considering what happens when something goes wrong
Understanding state laws and compliance
What To Do Next
Visit lisalarter.com/e131 for all resources from this episode.
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