What are some of the bare essentials moldmakers need?
Being prepared and educated is the first legal line of defense for any company – understanding what the issues are, talking to colleagues in your industry and reading the press reports, so you get a sense of what the big issues are for businesses in general and for your particular industry. These are good rules of thumb, along with having educated counsel. Unfortunately, I think sometimes people look at counsel as a necessary evil – not wanting to talk to them unless they absolutely have to, but again, you have to develop the right kind of relationship with your counsel. It has to be a trusting relationship. Your lawyer is there to help you and if you have a law firm that works with you, with the view that they want to help you, you can establish an ongoing relationship with them. A fundamental tip for dealing with any law firm is to make sure your lawyers understand your business – your company, your industry. We have a lot of clients in the plastics industry because we fundamentally
