X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.
collaboration puzzle piecesLitigation has become a fact of life in modern day business. By its very nature, litigation brings risk and uncertainty, interferes with business operations and customer relationships, and disrupts a company’s ability to plan for the long term. However, litigation, and in particular the type of commercial disputes that commercial litigation law firms handle, does not occur in a vacuum. Rather, it typically stems from some underlying business dispute or other issue that parties often have tried to resolve without success. Whatever the background of the dispute, the decision to bring in outside counsel provides the company with a valuable opportunity to consider the dispute, how it will proceed going forward, and the company’s ultimate goals in resolving the dispute.

To paraphrase a commonly used military phrase, commercial litigation can often be viewed as a business negotiation through other means. That means, however, that the ultimate “success” of litigation should be evaluated in light of the company’s business aims and objectives. Outside counsel can play an invaluable role in helping the company obtain those aims and objectives, but two things are essential for that to occur—(1) early and frank communication between the company and its outside counsel, and (2) an objective and thorough early case assessment as to the risks and probable outcomes of litigation.

This content has been archived. It is available through our partners, LexisNexis® and Bloomberg Law.

To view this content, please continue to their sites.

Not a Lexis Advance® Subscriber?
Subscribe Now

Not a Bloomberg Law Subscriber?
Subscribe Now

Why am I seeing this?

LexisNexis® and Bloomberg Law are third party online distributors of the broad collection of current and archived versions of ALM's legal news publications. LexisNexis® and Bloomberg Law customers are able to access and use ALM's content, including content from the National Law Journal, The American Lawyer, Legaltech News, The New York Law Journal, and Corporate Counsel, as well as other sources of legal information.

For questions call 1-877-256-2472 or contact us at [email protected]

 

Library of New York Civil Discovery FormsBook

A complete, affordable, NY-specific case prep solution library of over 150+ sample documents forms selected from SMART LITIGATOR NEW YORK by attorney-experts in various ...

Get More Information
 

WIPL.UK 2021Event

Women, Influence & Power in Law UK (WIPL.UK) offers an opportunity for unprecedented exchange with senior female in-house lawyers.

Get More Information
 

America's Claims Executive Virtual Leadership Forum & Expo 2021Event

ACE Virtual Leadership Forum & Expo is the annual conference for Senior Claims Executives in Insurance organizations.

Get More Information
 

General Counsel Conference Midwest: SuperConference 2021Event

GCC Midwest addresses today's legal issues facing companies by providing general counsel with insight and best practices.

Get More Information
 

General Counsel Summit (GCS) 2021Event

General Counsel Summit is the premier event for in-house counsel, hosting esteemed legal minds from all sectors of the economy.

Get More Information
 
 

ALM Legal Publication Newsletters

Sign Up Today and Never Miss Another Story.

As part of your digital membership, you can sign up for an unlimited number of a wide range of complimentary newsletters. Visit your My Account page to make your selections. Get the timely legal news and critical analysis you cannot afford to miss. Tailored just for you. In your inbox. Every day.

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.