Has Your Small Company Image Ever Looked Smaller Without In House Legal?
I hear this everyday!
As a small and growing company we cut corners on our to legal documents. We use copies of copies of copies of documents that may still have the prior edits from our last client. We work hard to identify new sales opportunities but when it's time to exchange legal documents BOOM......we look small!
Our clients have in house counsel sending redlined edits and we have our best available athlete reviewing ours. It may be our sales executive reviewing the clients documents in the essence of time or it may be our CFO because by nature, contracts are reviewed by an internal resource that has some fiduciary responsibility.
We often turn a blind eye to this because we are focused on revenue. Unfortunately, after months of hard selling the new prospect realizes that emperor has no cloths.
The client begins to ask the question, is this company big enough to support me. Why did they accept that redlined change so easily. Worse yet, if this is how they pay attention to details, is this how they will handle the other details in our relationship. Simply put, "you look small" and you are exposed.
You work hard at building your corporate image and you have exposed your weaknesses and worse yet, put your company or intellectual property at risk.
Why work so to look so small. Why invest so much in your company's future only to relative the document your employee reviewed to get that last sale " legally gave away your IP.
This happens every day. If this happens in your company or your have that gut feeling you have to figure out a cost effective way to mitigate your risk, call Scott Collins Law and ask about our Virtual IP Attorney Program We understand your limitations and our Virtual IP Attorney can be tailored to your unique situation.
Scott Collins LLP is a full service law firm specializing in general purpose law, Intellectual Property Law and Litigation.