Of Lawyers and Risk


Someone said, "Business, by definition, is taking a risk. Law, by definition, is staying away from risk." The jokes about lawyers who hedge their bets and are reluctant to commit are plentiful - as in the story of the client who hoped to hire a one-armed lawyer because he did not want a legal advisor whose recommendations always seemed to end with, "But, on the other hand . . . ."Anticipating alternatives is the nature of legal counsel - but those who pursue "The Business of Law®" must be anything but risk adverse.

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