Why Every Business Needs a Reliable Legal Advisor with Dutch Schotemeyer (Ep .21)

Businesses face a multitude of legal challenges on a daily basis, from contracts and negotiations to disputes and lawsuits. With the increasing complexities of today's business world, how can businesses protect their interests, minimize risks, and make informed decisions that positively impact their bottom line?

In this episode, Brett Henderson and Giselle Cayme sit down with Louis "Dutch" Schotemeyer, a Partner at Newmeyer Dillion's Newport Beach office, to share tips and lessons in entrepreneurship. Dutch also talks about the importance of legal counsel for businesses and how having a knowledgeable lawyer can help prevent potential legal issues, protect a company's interests, and ensure that all operations comply with the law. Dutch Schotemeyer is a seasoned litigator who works on all types of general liability and complex commercial disputes. He leverages his litigation experience to provide clients with front-end legal advice in various potentially litigious situations, including contract drafting, contract negotiation, employment issues, insurance policy placement, daily operations, and advice to C-Level executives. His experience as a corporate attorney, providing risk management and related advice to a variety of clients, including developers, contractors, landlords, and other real estate professionals, is invaluable to those clients who need help maintaining their in-house legal staff.

Enjoy!

In This Episode
02:41 - Backstory of Dutch Schotemeyer
09:37 - How California deals with small businesses
13:31 - What makes people want a fractional general counsel
17:01 - The rate Dutch charged for his services
22:02 - What it takes to establish an LLC
27:04 - The top three insurances that a new business owner should have 31:33 - Dutch recommendation for anyone who wants to start their own business
35:45 - What EPLI is and why you need it in California
38:21- The trends Dutch sees in the business landscape
46:47 - The two things Dutch would recommend to help mitigate risk

Favorite Quotes
13:42 - "Most people come and call the lawyer once the milk is spilled" - Dutch Schotemeyer
20:57 - "The penalty for failure in California is high if you mess up with your employees. Many people don't understand the risk they're taking, and they should at least understand and know what that is." - Dutch Schotemeyer
41:33 - "If you can run your business without a partner, you are better off doing it." - Dutch Schotemeyer

Connect with Louis "Dutch" Schotemeyer
LinkedIn Newmeyer Dillion

Connect with Brett Henderson:
310-491-7975 Swe90.com
LinkedIn: Brett Henderson
Strategic Wealth Endeavor

Listen to The Veteran Entrepreneur Masterclass Podcast
Apple Podcast
Spotify

Readers of this website and listeners to this podcast should contact their attorney to obtain advice with respect to any particular legal matter. No reader, user, or browser of this site should act or refrain from acting on the basis of information on this site without first seeking legal advice from counsel in the relevant jurisdiction. Only your individual attorney can provide assurances that the information contained herein – and your interpretation of it – is applicable or appropriate to your particular situation. Use of, and access to, this website or any of the links or resources contained within the site do not create an attorney-client relationship between the reader, user, or browser and website authors, contributors, contributing law firms, or committee members and their respective employers. The views expressed at, or through, this site are those of the individual in their individual capacities only – not those of their respective employers, the Bar Association, Company, or Partners. All liability with respect to actions taken or not taken based on the contents of this site are hereby expressly disclaimed. The content on this posting is provided "as is;" no representations are made that the content is error-free.