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[quote=Anonymous]Oh, you poor thing. You liability and risk is going to be dependent on your role (are you an owner? employee? board member?) and what type of corporate structure your company has (LLC, PLC, corp.). PP's friend has Directors and Officers liability insurance, because she has a fiduciary duty to the corporation and needs to protect herself in case the she or the board is sued for breach of this duty. Generally, the corporation (or 401C3 if a non-profit) pays for this insurance. This is wholly separate from having an employment lawyer review your employment contract, which isn't a bad idea but isn't always necessary. There has to be a corporate law for dummies book out there, but I'm sure some simple googling will get you there.[/quote]
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