The Real Cost of Ignoring Commercial Legal Risks in India
Many businesses in India underestimate the true cost of ignoring commercial legal risks. Legal issues often appear distant during growth phases. Revenue, expansion, and market share take priority. Legal risk feels abstract until it materialises as a notice, dispute, or penalty. In reality, legal risk operates quietly. It accumulates through contracts, employment practices, regulatory compliance, and governance decisions. By the time consequences surface, damage has already occurred. This article examines the real and often hidden costs of neglecting commercial legal risk in India. It explains why proactive legal awareness now forms a critical part of business sustainability. Legal Risk Is No Longer a Back Office Concern Commercial legal risk today intersects with daily operations. Decisions related to pricing, vendor selection, marketing claims, and employee engagement carry legal implications. Regulators rely on digital systems and data sharing. Non compliance rarely r...