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
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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Overview

“This attorney’s toolbox shows that a little knowledge on employment law, even if some of it is technical legalese, goes a long way.” —Publishers Weekly

“This 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

Product Details

ISBN-13: 9781402781490
Publisher: Union Square & Co.
Publication date: 11/22/2022
Sold by: Barnes & Noble
Format: eBook
Pages: 274
File size: 735 KB

About the Author

Michael Trachtman co-founded and serves as president of Powell Trachtman, a 30 plus-attorney business law firm and he also founded and operates Counsel Consulting Group LLC, a business consulting firm that trains businesses and executives to avoid lawsuits.

Table of Contents

Author's Note IX

Introduction: "I Was Doing Great. How Could This Happen?" 1

Chapter 1 The First Mistake: Losing the Documentation War 5

Understanding the Problem: The "My Word Against Your Word" Issue 6

Creating the Solution: E-Mail and Other Weapons of Mass Destruction 19

The Attorney Hotline 34

Warning: It Won't Work if You're the Only One Who Does It 40

Chapter 2 The Second Mistake: Losing the Employee vs. Employer War 45

Why Is Congress Allowing This to Happen? 47

Employee vs. Employer Lawsuits: Little Risk, Lots of Reward 48

Understanding the Problem: The "How Was I Supposed to Know That?" Issue 51

The Employment Law Flyover: A Little Knowledge Is Not Necessarily a Dangerous Thing 72

Creating the Solution: Legal Audits, Emergency Repairs, Preventive Maintenance, and Red Flags 119

Chapter 3 The Third Mistake: Giving Away the Secrets of Your Success 135

Understanding the Problem: Competition vs. Protectionism 135

Creating the Solution—Nine Goals: Lots of Ammunition … but with an Expiration Date 156

Chapter 4 The Fourth Mistake: Climbing Mountains that Should Have Been Molehills, Fighting Battles that Don't Have to Be Fought 191

Understanding the Problem: Obvious Issues, Hidden Solutions 192

Creating the Solution: The Legal Toolbox 194

Acknowledgments 237

Index 239

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