Eight Legal Risks Facing Businesses

William H. ShawnCo-Managing Partner, ShawnCoulson

Operating in today’s business world can sometimes seem like you’re navigating a legal minefield. You must be aware of, and comply with, numerous laws and regulations. A misstep can result in expensive and time-consuming legal challenges.

Below are eight legal risks facing businesses, along with some of the related federal laws involved. Keep in mind that many states and localities have additional laws and not all businesses are covered by all of the laws listed below.

For example, some federal employment laws depend on the type of employer, the number of employees the organization has, and the type of claim alleged. Also, each of the various laws may have their own statute of limitations so there are time limits. You need to examine federal and state guidelines for any type of claim in order to protect your business. Consult with your attorney for more information in your situation.

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