Bite-Sized Bits of Knowledge

Litigation Expanded

Did you know that over 90% of cases are settled before the conclusion of trial? That’s probably for good reason as you will learn in this video.

This video talks about why litigation can be expensive and very time consuming. Particularly, everything takes time, such as preparing and responding to discovery, preparing and responding to motions, attending hearings, preparing and conducting depositions and reviewing the transcripts of depositions afterwards. Don’t forget research and communicating and corresponding with clients as to strategy and status eats up a lot of time too. Law firms typically have numerous lawyers working on a case, which adds up significantly and quickly when each lawyer is 300+/hour.

Each step and vehicle in the process has deadlines and those deadlines are typically extended, which results in more time. There’s a lot of fighting with opposing counsel, and often many of the strategies and tactics taken by attorneys in litigation are not meritorious, but are intended to take advantage of a challenged legal system, in the hopes of achieving delay or disruption to the proceedings.

Bottom line – you cannot plan ahead to avoid everything, but you can plan ahead to mitigate the holes to minimize litigation, which is good for everyone involved.

Don’t forget to download our FREE:

Business planning stress test

https://legacy.haimolaw.com/Business-Planning-Stress-Test

Florida business entity comparison chart

https://legacy.haimolaw.com/business-entity-comparison-chart

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Protect your family, assets and business, and gain the peace of mind of knowing you’re prepared and in control. You may feel apprehensive about estate planning, but it doesn’t have to be this way. We’ll help you achieve your estate planning goals and ensure you feel accomplished and confident. With our 4-step unique proven process, leaving a legacy you can be proud of is easier than you think. The alternative can mean significant taxes, court, costs, conflict (litigation) and a host of unpleasant and destructive surprises. Call us to get started today at 954-228-3369.

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These videos neither constitute legal advice nor create an attorney-client relationship between you and Haimo Law. For more information, click here: https://www.haimolaw.com/legal-disclaimer/

YOU ARE NOT OUR CLIENT UNLESS WE EXECUTE A WRITTEN AGREEMENT TO THAT EFFECT. MOREOVER, THE INFORMATION CONTAINED HEREIN IS INTENDED FOR INFORMATIONAL PURPOSES ONLY. EACH SITUATION IS HIGHLY FACT SPECIFIC AND EXCEPTIONS OFTEN EXIST TO GENERAL RULES. DO NOT RELY ON THIS INFORMATION, AS A CONSULTATION TO UNDERSTAND THE FACTS AND THE CLIENT’S NEEDS AND GOALS IS NECESSARY. ULTIMATELY WE MUST BE RETAINED TO PROVIDE LEGAL ADVICE AND REPRESENTATION. THIS INFORMATION IS PROVIDED AS A COURTESY AND, ACCORDINGLY, DOES NOT CONSTITUTE LEGAL ADVICE.

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Knowledge Series

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