From employee wages to privacy regulations, businesses face a dizzying number of potential legal issues these days. And while it may never be a company’s intention to break the law, without taking necessary precautions, things can easily slip through the cracks. So how can you be sure to avoid the dangers of non-compliance?
Below, six legal experts and executives from Forbes Legal Council discuss the common business compliance issues that an attorney is best suited to handle.
1. Distinguishing Contractors Versus Employees
In today’s environment, businesses need to be nimble with their labor force. Uber and Lyft are excellent examples. The line between a contractor and an independent employee is an amorphous one, and the penalties for incorrectly classifying labor add up. Attorneys who specialize in this can save you a lot of time and money if you speak with them early on and properly classify your workforce. – Matthew Digesti, Bristlecone Holdings
2. Determining Where Risk Lies
Attorneys can help businesses focus on risk management. For compliance, there are federal and state laws and litigation-based risk. An attorney can help a business determine what areas pose the most risk and what should be addressed first. – Fatima Khan, Airpush
3. Complying With Wage And Hour Laws