Tennessee Risk Management Lawyers
Nashville ◊ Memphis ◊ Chattanooga ◊ Murfreesboro ◊ Statewide
If you operate a business, you face legal and financial risks every day. A consumer may file a lawsuit alleging that your product caused personal injury. An employee may seek workers' compensation for a workplace injury or illness. A customer may file suit claiming a breach of contract or one of your company vehicles may be in an accident that creates exposure beyond your insurance limits. The costs of your coverage and overhead in related areas may go up dramatically, including the costs of the benefits that you provide to your workers.
At the law offices of James A. Freeman & Associates, PC in Nashville, we work with businesses across the state of Tennessee and in surrounding states to help identify and manage legal and financial risks. We are small by design, so that we can provide every client with a high level of personal attention and help them meet their specific objectives. However, we also have the experience, contacts and resources to get the job done. Contact us for a confidential consultation to discuss your legal concerns.
Though insurance is often the principle risk management tool employed by small to medium sized companies, there are many other strategies that can be employed to help businesses minimize exposure to or manage the costs of liability. We work closely with companies to identify legal and financial risks throughout their business, not just the traditional types of risk associated with employment, workers' compensation, auto liability, slip and fall and product liability issues.
Specific examples of creative risk management strategies that we have developed for Tennessee companies include:
- The formation of a cooperative venture involving a number of companies that pooled their resources to purchase health care insurance at a volume discount
- Proactive assessment and evaluation of safety issues to minimize workers' compensation claims and reduce premiums
- Brokerage competition to select a new provider and solicit input on ways to hold down costs
- Creation of self-funded programs to handle part or all of specific types of risk for companies
- Formation and operation of captive insurance companies
Our attorneys understand that risk management is about more than buying insurance. Effective business protection requires proactive problem-solving by the insured. We are experienced troubleshooters who thoroughly review all aspects of your business and develop ways to eliminate or minimize potential liability to improve the bottom line of our business clients.
If your company is interested in identifying and implementing creative ways to manage legal and financial risk, we can help. Our law firm is AV-rated* under Martindale-Hubbell's peer review rating process. Contact us to arrange a confidential consultation to discuss your legal needs.
A Law Firm Designed to Get Results
* Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the judiciary. Martindale-Hubbell ratings fall into two categories: legal ability and general ethical standards. CV, BV, and AV are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards, and policies.
