Times are tough, and pressures on cash flow are intense, causing many to look for new revenue streams to stabilize their balance sheet until the current economic storm passes and growth resumes. Companies often do one of two things during a recession to create new sources of income: innovate or appropriate. Both can lead to litigation (another tool that some companies rely on to generate revenues in tough times). Be aware of the increased and very real risk that you may be drawn into litigation and take steps to avoid it when possible
and to prepare for it when unavoidable. There are a few relatively inexpensive things that can help you avoid litigation or improve the chances of a positive outcome if a day in court cannot be avoided. Christopher F. Lonegro of Ober|Kaler offers some suggestions.
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