We often end up thinking that things will happen to someone else… but many situations lie outside our control and could become real problems. For example, you could be sued:
By one of your employees' ex-employers alleging unfair competition
By a competitor alleging defamation
By a third party accusing you of having made an erroneous business decision
For wrongful dismissal, discrimination or workplace harassment
Because your company is experiencing financial difficulty and is no longer able to meet its commitments