CHAPTER 25 Proactive Management of Your Legal Affairs
Every digital technology company needs an ongoing internal process that keeps the company’s legal strategy and legal affairs on track. If your company pays attention to legal matters, it will pay off.
THE NEED FOR CONTROL OF LEGAL AFFAIRS
There are key moments in the life of a digital technology business when your company must be able to prove that it has control of its legal affairs. When the company borrows funds, obtains a venture capital investment, sells stock to the public, or is acquired, it must be ready to undergo due diligence scrutiny of its legal affairs. If your company has done its legal job right, its value will be much greater, and it will sail through due diligence. If the ...
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