Posts tagged litigation & lawsuits
When You Are in a Lawsuit, Don't Lose Sight of the Elephant in the Room
May 27, 2020 @ 11:50 AM · attorney fees, courts, litigation & lawsuits
When you are sued or when you sue someone, you might think that the biggest bill or liability will come from the opposing party. However, there is often an even larger stakeholder in the lawsuit; someone on your own side; someone who will likely have to be paid first from whatever monies are offered or required to resolve the lawsuit; someone who you might already be legally obligated to pay more than you could ever reasonably expect to recover in court.
The American Rule of Damages
In the United States, the average cost to try a civil lawsuit is between $43,000 and $122,000. Why does it cost so much, because nothing happens in court without a fight. Nothing is taken for granted. Attorneys charge by the hour and the ...