Business disputes and conflicts are an inevitable part of conducting business and as a business owner, you hope that they never escalate to the point of needing legal action. However, when every other option has been exhausted, litigation may be the only recourse left. An experienced business litigation attorney proves invaluable in such instances. They have the legal expertise to assess your situation, build the strongest case possible, and litigate aggressively on your behalf. But what exactly does a business litigation lawyer do, and when should you seek one out?
Navigating Business Litigation Procedures
Business litigation refers to the process of resolving a legal dispute between two businesses or between a business and an individual(s). The conflict may involve breach of contract, intellectual property rights, real estate issues, securities fraud, etc.
The litigation process itself can be exceptionally convoluted. Complaints, motions, depositions, injunctions – you make a single misstep and it could jeopardize your entire case. Business litigation lawyers have an intricate understanding of legal protocols and court proceedings. They can expertly handle filing complaints, responding to motions, and facilitating settlements.
Offering Subject Matter Experience
Business disputes can span a wide range of issues like breach of contract, partnership fallouts, intellectual property violations, employment disputes, or securities fraud. Business litigation attorneys specialize in these specific realms to offer targeted counsel. For instance, they may have extensive experience litigating shareholder disputes and can quickly identify the key issues and viable strategies in your corporate power struggle. Their niche expertise makes them invaluable allies.
Providing Litigation Cost-Benefit Analysis
Pursuing litigation is an expensive endeavor so business litigation attorneys provide critical analysis regarding the financial prudence of potential legal action. By evaluating the strengths of your case, your goals, and the costs involved, they recommend whether litigation seems warranted or if an alternative resolution would be more economically sensible.
Negotiating Optimal Settlements
Certainly, avoiding prolonged litigation is ideal, so skilled negotiation is a core competency for business litigation lawyers. They work to secure a fair settlement that aligns with your company’s objectives without having to duke it out in court. Even if a case does go to trial, they leverage their negotiating abilities throughout the process during settlement conferences.
Of course, not every dispute can be settled out of court. By building rock-solid cases to convince judges and juries business litigation attorneys advocate for rulings in your favor.
The Costs of Avoiding Litigation
Some business owners hesitate to engage a lawyer, hoping to contain costs and avoid “stirring the pot.” However, not seeking counsel when your company faces substantial legal exposure can ultimately cost you far more in damages.
Plus, cases tend to drag on longer without an experienced litigator pushing for efficient resolution. Avoiding litigation may not be the prudent choice.
Partner with a Trusted Business Litigation Attorney
When your business faces a legal dispute, the representation of a qualified business litigation attorney is invaluable. They apply their expertise to protect your interests when it matters most. Don’t wait until you receive a summons to seek out top-notch legal representation. Establishing a relationship with a proven law firm such as Dallas-based Dunn Sheehan LLP before conflicts arise is the wisest approach.