The Legal Checkup: An Underused Business Tool

Apr 27, 2010, 17:26 ET from The Law Offices of David M. Walker

ATLANTA, April 27 /PRNewswire/ -- The only certainty to every business enterprise is constant change.  Change in business is most prevalent during a shifting marketplace, growth, regulatory uncertainties, and/or personnel modifications. Not only can these changes influence the culture of the business but also its economic and legal components. These impacts often affect current and future opportunities, as well as, create additional problems. Management must be prepared to anticipate and respond to these changes in an effective and timely manner to resolve the problems and maximize the opportunities.

Business Attorney, David Walker says, "In the same way that medical checkups are required for our health, it is advisable that business principals also take advantage of having legal checkups performed by a business attorney every six months. The legal checkup serves as a precautionary measure. The business attorney and business owner will go through a detail diagnostic that will head-off any immediate and foreseeable legal issues by making sure the business is meeting its legal obligations with regards to regulatory, employment and fiscal responsibilities. Additionally, the attorney will be able to evaluate the enterprises legal structure, its operating strengths and weaknesses; and, make recommendations on procedures that will be beneficial. Most business attorneys will use the opportunity to educate their client on changes in the law affecting their individual businesses, and share insight into relevant trends and opportunities."

Effective management will seek critical assessment on a regular basis and respond to the changing marketplace in a strategic manner equipped with legal confidence. Legal check-ups, although often underused, are beneficial in most businesses.

About David M. Walker

David M. Walker is Managing Partner at The Law Offices of David M. Walker in Atlanta, Ga.  Walker is a business attorney that specializes in mergers, acquisitions, divestitures, financing transactions, contract negotiations and private placement of securities.  He has extensive experience in taking private companies public and raising capital.  Prior to forming the firm, he was a corporate attorney for Bodman LLP in Detroit; President and Corporate Counsel for Hansen Gray & Company, Inc., a venture capital firm focused on hi-tech investments; and Corporate Counsel for Celsia Technologies, Inc., a public company that specializes in the use of nanotechnology to cool electronic components. He holds a Mechanical Engineering Degree from the University of Michigan and a Juris Doctorate from the University of Detroit-Mercy School of Law.  Walker is licensed to practice law in the states of Georgia and Michigan.

For more information on David M. Walker, or The Law Offices of David M. Walker please contact Courtney Rhodes at 404 549 8050 or      

SOURCE The Law Offices of David M. Walker