What can be more precious than money? Most would answer that a number of things are more precious than money, but the intangible development received through tough times and even good times cannot be taught in the best university. From whom can you leverage this knowledge? Who is in your circle can you trust? Surrounding yourself with trusted advisors is a proven method of leveraging knowledge. It is impossible for anyone to have all knowledge and to have the ability to handle everything in the daily aspects of a business. Ships would not be able to navigate into the Savannah River Port without knowledge of tides and knowledge of what is under the river. It is extremely important to leverage those that have the knowledge around you as this becomes your true power.
We have all heard Abraham Lincoln’s quote “a lawyer’s time and advice is his stock in trade” and the quote from Francis Bacon that “knowledge is power.”
This relationship with an attorney has been recognized for thousands of years. It becomes not a matter of whether you trust another person’s lawyer or some internet writing, it is a matter of your trust in your lawyer. Your attorney should be your most trusted confidante. The understanding of this relationship was built into and recognized for our own Constitution. The attorney that you choose should be able to draw the knowledge of years of experience of a cross-section of society, business transactions, litigation and varying economic times. The advantage of knowledge is that this wisdom provides success to the ones that know how to leverage that power.
Stephen Fuller is the managing partner of Fuller Sloan, LLC and has practice in business litigation and consulting for 37 years and has over 25 years representation of the founder of one of the largest sit-down casual restaurants in America. For more information, email firstname.lastname@example.org.