Jasmin Hurley

What does succession planning mean for business owners who plan to keep running their business for years to come? Succession planning is not just about retirement; it's about ensuring the business can survive unexpected events like health crises, key personnel leaving, or partners wanting to exit. It involves documenting roles, decision-making authority, and ownership structures in scenarios like death, disability, or partners wanting to transition. Having a succession plan is crucial for...

Why is it risky to use contracts found online or generated by AI without customization for your specific business needs? Using contracts sourced from the internet or generated by AI can be risky because these templates may not address the unique aspects of your business or situation. While they may contain some standard clauses, they often lack critical elements that are essential for your specific circumstances. This can lead to agreements that do not adequately protect your interests, fail...

What does "fractional general counsel" mean in the context of your practice? Fractional general counsel services involve providing legal support to businesses on an as-needed basis without being a full-time employee. It's like having a part-time in-house lawyer who is familiar with the business but not physically present every day. This model allows businesses to access legal expertise at a more affordable price point and adapt the level of support based on their evolving needs. How does...