Passage 3
Success in e-business can evaporate even more quickly than it is achieved. Continued success demands protecting valuable assets. Legal counsel should play a substantive role in the way that business is conducted and external environment in which it operates. Much can be done to create a new and effective legal environment for e-business transactions.
Legal counsel can help secure the e-business environment by conducting the following activities:
Structure contracts to effectively handle e-business issues.Develop contracts that redefine the nature of the business activity, structure and cement alliance, and provide new mechanisms for resolving disputes outside the courtroom.
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