In the past six blogs, we have discussed at length steps you and your company can take to prevent and/or prepare for litigation to make it less costly. From legal process improvement to properly drafting the arbitration provision in your business contracts, every little step...
Last week we discussed adding an arbitration clause to your company’s business contracts with clients and business affiliates. Alternative dispute resolution options like arbitration or mediation are always more cost-effective than engaging in protracted litigation, which could carry a price tag as high as $91,000. However,...
In the past several weeks, we have discussed ways your business can more effectively (and efficiently) prepare for litigation before it happens, such as legal process improvement, engaging in legal project management, preparing a litigation budget and reviewing your business insurance. Another important part of...
In last week’s blog we discussed creating a litigation budget, and the importance of planning ahead for unanticipated litigation expenses. Another important part of planning for unexpected litigation costs is making sure you and the companies/sole proprietors you work with have sufficient insurance. When a new...
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