Dot coms don’t appreciate legal risks

Despite investor demands for tighter dot com management controls, B2B and B2C companies still have little awareness of their exposure to legal risk By Nigel Page

       

The technology, media and telecom sector crash on both sides of the Atlantic was expected to introduce a back-to-basics approach by dot com companies. Old economy business principles were, supposedly, poised to redefine dot com attitudes, as these companies sought to persuade investors that their businesses were founded on more than just promising ideas.

However, according to a recent survey by Landwell, the correspondent legal practice of PricewaterhouseCoopers, this has not translated into a high awareness of legal risks.

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