25 TIPS FOR BUSINESS LEADERS FROM A LAWYER

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25 TIPS FOR BUSINESS LEADERS FROM A LAWYER Christopher R. Sackett BrownWinick 666 Grand Avenue, Suite 2000 Des Moines, IA 50309-2510 Telephone: 515-242-2470 Facsimile: 515-323-8570 E-mail: sackett@brownwinick.com Blog: http://bizb4law.com

1. Business Issues ALWAYS Dictate Legal Approaches

2. Business People Are Smarter, Bolder and More Creative Than Lawyers

3. Business People and Lawyers Speak Different Languages

4. Need to Simplify, Not Complicate

5. Clear Contracts are Essential

6. Choice of the “Right” Partners and the “Right” Entity Are Critical

7. It’s All About Risk-Reward

8. Even Legal Problems Have Solutions

9. Understanding Financials, People, Business and Legal Issues

10. Protect Your Assets – All of Them

11. Know What You Can’t Afford NOT to Do

12. Avoiding Surprises

13. Measure Twice, Cut Once

14. Know What You Don’t Know

15. The Right Tool for the Job – One Size Does Not Fit All

16. Deal Breaker Issues

17. The Value of Good Faith and Fair Dealing

18. The Value of Networking and Relationships

19. Partnerships, Joint Ventures, Investors and Employees Present Rewards AND Risks

20. You Can’t Always Get What You Want . . . But If You Try Sometimes . . .

21. Negotiations – Be A Mediator, Not A Gladiator

22. The Importance of Follow-Through and Attention to Detail

23. What You Need to Know About Litigation and Arbitration

24. What You Need to Know About Criminal Investigations

25. Be Strategic in Everything You Do

How to Choose Your Lawyer – The Best Lawyers like clients better than lawyers; like relationships better than engagements; like people better than statistics; like talking better than e-mailing; like business better than law; like companies better than firms; like solutions better than problems; like proactivity better than reactivity;

How to Choose Your Lawyer – The Best Lawyers (cont.) like negotiations better than arguments; like communications better than silence; like conclusions better than analysis; like simplicity better than complexity; like certainty better than surprise; like progress better than process; like client business success better than client legal success; and like client profits better than legal fees.

Website: www.brownwinick.com Toll Free Phone Number: 1-888-282-3515 OFFICE LOCATIONS: 666 Grand Avenue, Suite 2000 Des Moines, Iowa 50309-2510 Telephone: (515) 242-2400 Facsimile: (515) 283-0231 616 Franklin Place Pella, Iowa 50219 Telephone: (641) 628-4513 Facsimile: (641) 628-8494 DISCLAIMER: No oral or written statement made by BrownWinick attorneys should be interpreted by the recipient as suggesting a need to obtain legal counsel from BrownWinick or any other firm, nor as suggesting a need to take legal action. Do not attempt to solve individual problems upon the basis of general information provided by any BrownWinick attorney, as slight changes in fact situations may cause a material change in legal result.