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199 - Save your money, solve your disputes!
Manage episode 310335714 series 3052238
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Today we're talking about commercial litigation, and particularly three reasons why you should be commercial in resolving any disputes in your business. Cost Litigation costs can be huge and can be way more than what you actually are recovering. So in any large commercial dispute, you really need to consider what are the costs that you're going to incur? Time This is a hidden cost. Instead of spending time on your business you’re spending time thinking about meeting with lawyers. It’s very important to think about how much time it's going to take to resolve the dispute. Outcome Even after spending all that time and all that money you still might lose. You're going in front of independent judge. Judge’s think the truth is somewhere in between. So if you resolve the dispute early, you'll actually have control over what the outcome is. If you do not, well, then someone else gets to solve this feud.
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