The Confident Retirement

Ep 122: There’s No Substitute for the Right Business Attorney


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“The information I am providing is my opinion and not necessarily that of my firm or this platform. I am only providing general educational information and not any customized investment recommendations. You should consult with your Financial Advisor, Tax Advisor or Attorney on your specific situation. Nothing shall be construed as Financial, Tax or legal advice or recommendations”

 

In this podcast episode, Kris Flammang talks with guest Michele Diglio-Benkiran. Michele is a seasoned attorney with a strong background in business law and over two decades of experience. Growing up in an entrepreneurial family and owning her own businesses, she has developed a unique perspective on the importance of personalized legal advice in business law.

 

Kris and Michele discuss Michele’s belief that generic forms from online platforms like LegalZoom often lack state-specific provisions and may not adequately protect the interests of businesses. Michele emphasizes the importance of hiring an attorney with experience in both business law and practicalities, as this combination allows for a more holistic approach to assisting clients. She also advises businesses to invest in proper legal setup to avoid future legal complications and litigation.

 

The episode also touches on the often-overlooked aspect of continuity planning in business. Many business owners fail to consider what would happen if the owners or key individuals were to pass away or become disabled. Diglio-Benkiran stresses the importance of addressing this issue and having a plan in place. Whether it involves learning all aspects of the business or hiring someone else, having a continuity plan can prevent a crisis situation and ensure the business can continue to operate smoothly.

 

While technology, particularly artificial intelligence (AI), is rapidly advancing in various industries, including law, Michele and Kris discuss the limitations of AI in providing personalized legal advice. While AI can provide information and knowledge, it lacks the wisdom and human touch required to understand individual circumstances and provide tailored legal protection. This highlights the irreplaceable value of human attorneys who can apply their expertise and experience to each unique situation.

 

Looking ahead, Michele expresses her goal of helping people and assisting them in growing their businesses. She emphasizes the importance of engaging with clients who share the same values and objectives. However, she also acknowledges the challenges that AI technology may pose to the legal profession in the future. The impact of AI on the legal field remains uncertain, but it is a topic that legal professionals need to monitor closely.

 

Join Kris Flammang and Michele Diglio-Benkiran on this episode of The Confident Retirement podcast to learn more about why there’s no substitute for the right business attorney.

 

Here is what to expect on this week’s show:

•  The importance of personalized legal advice

•  Avoiding generic legal templates

•  Continuity planning

•  AI’s limitation in providing personalized legal advice

•  The importance of mentorship

 

Connect with Michele Diglio-Benkiran:

https://legalcounselpa.com/attorneys/michele-diglio-benkiran/

 

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The Confident RetirementBy Kris Flammang and Mark Picchi

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