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Daytona Beach Business Risk Management Lawyer

Attorney

Daytona Beach Business Lawyers Offering Risk Management Counsel For Business Owners

In the world of business, risk management involves actively working to reduce loss, reduce liability, and lessen your chances of seeing civil claims and business litigation. The risk management process often begins with a simple review of business operations and procedures to determine if better approaches or methods can be implemented to help minimize and mitigate the risks that the company is incurring.

Risk management is also about reducing liability. This means protecting companies against personal injury claims and employee claims of discrimination, harassment, or wage-hour violations.

Risk management attorneys also address compliance and offer legal advice designed to help keep your business protected from criminal prosecution or tax troubles. When you make the law offices of Lankford Law Firm your business partner, you know that an experienced Daytona Beach business risk management lawyer is always looking out for you, your company, and its best interests.

Call the Florida business lawyers at the Lankford Law Firm today to discuss the ways we help businesses in Central Florida manage and reduce risk for your company. Arrange a case consultation by calling our law offices at 850-888-8992.

Our Business Lawyers Will Identify and Reduce Risk for Your Business

Risk is an inescapable part of business and while you cannot totally eliminate risk, it is possible to minimize the risk that you face. The degree and types of risk that you will encounter in the course of your career will vary depending upon your precise business niche and profession.

The average business owner or independent contractor faces many types of risk and while some forms of risk will be predictable; many risky situations will arise seemingly out of nowhere. Some risk is minimal and easily managed; other risks can threaten your business and your future.

The Daytona Beach business risk management lawyers at the Lankford Law Firm will help you develop a business plan that minimizes your risk. We can also help provide you with recommendations for risk mitigation, such as seeking out certain forms of insurance that can minimize many forms of liability.

Our lawyers can also review contracts and other legal documents, looking for any potential risks and liabilities that may be present. We can also revise these contracts or documents on your behalf so that you may offer an amended version for review.

In addition to developing and enforcing policies, procedures, and operations that reduce risk, a formal risk assessment should be conducted on a regular basis.

The Lankford Law Firm can do that and more. We work with businesses throughout Central Florida, acting as your business partner and always working in your best interests on a long-term basis.

Big corporations employ full-time risk managers to identify and minimize risks while avoiding the incidence of litigation and civil claims. A business may not have that particular luxury, but every business needs a Daytona Beach business lawyer dedicated to your company’s growth, health, and success. This includes comprehensive risk management, in addition to addressing employment and hiring practices, employee contracts, intellectual property law cases, wage and workers’ compensation disputes, and beyond.

What is the Most Common Source of Risk for a Business?

As a business, you face many different forms of risk and liability. Our risk management lawyers see many different situations that may lead to lawsuits, legal troubles, and other losses. Some of the most commonly addressed risk-related issues include:

  • Wage violations such as underpaying employees or failing to pay overtime wages;
  • Sexual harassment cases, which can result in a lawsuit against your business;
  • Wrongful termination cases that can arise if a now-former employee feels that they were terminated for unfair or inappropriate reasons;
  • On-the-job injuries, which may result in a personal injury lawsuit against you as a company (although workers’ compensation can minimize a lot of your risk in this regard);
  • Allegations of discrimination on the basis of gender, age, nationality, skin color/race, sexuality or other traits or attributes;
  • Accusations of wrongfully denying an employee leave in compliance with the Family and Medical Leave Act (FMLA);
  • Failure to secure the proper insurance policies or failure to secure enough insurance coverage;
  • Failure to obtain the appropriate patents, copyrights, and trademarks to protect your company’s intellectual property;
  • Failure to draft contracts in a manner that fully guards and protects your company’s interests; and
  • Failure to draft, implement, and enforce company policies concerning employee conduct, hiring practices, social media usage, and day-to-day operations.

These are just some of the many areas that can leave you open to a lawsuit, fines, penalties, and accusations of wrongdoing or loss as the result of intellectual property infringement, among other things.

What’s more, many professionals and businesses must maintain professional licensing, which may be subject to revocation or suspension in the event of a procedural or ethics violation. Our lawyers will pinpoint any threats to your licensing, and then, we will work to minimize or neutralize the threat.

Our risk management lawyers are here to help you identify and resolve any issues that can result in loss, be it financial or otherwise.

Schedule a Risk Management Legal Consultation With One of Florida’s Top Business Law Firms

The Daytona Beach risk management lawyers with the Lankford Law Firm represent and serve businesses throughout Volusia County, along with Brevard, Flagler, Orange, and Seminole counties. In fact, our practice is regarded as one of Central Florida’s premier business law firms.

Our attorneys provide a comfortable, friendly setting for clients and potential clients to discuss their business and legal needs in a confidential, private setting. What’s more, our law firm understands how much time and effort goes into running a business so we are happy to set appointments around our clients’ schedules. In addition, we can also travel to visit your place of business to conduct meetings concerning your legal matters.

If you’re ready to work with a risk management professional, Attorney Lankford of the Lankford Law Firm is here to provide a consultation on your case. Contact the Lankford Law Firm for a consultation today at 850-888-8992 or email us at: mlankford@lankfordlawfirm.com. Se Habla Español.