No company wants to deal with the hassle of a lawsuit. Still, when a lawsuit becomes a possibility, you cannot sit back and let it take care of itself. To protect the legal rights and financial interests of your business, you need to be fully prepared for the lawsuit. Litigation, whether your company is being sued or filing the lawsuit, is stressful, intimidating and confusing. To help your company get started with the legal process, our top-rated Clearwater business litigation attorneys have put together a list of four important tips to keep in mind when preparing for litigation.
Consider Alternative Dispute Resolution (ADR) Options
Not all business law disputes will end up in the courtroom. In fact, the vast majority of disputes never actually get to any type of trial. Often, it will be in the best interest of your company to find a resolution through some other means. For example, common ADR options such as business mediation and business arbitration could be the best path forward for your company. Further, in some cases, your attorney may be able to work with the other party to come to an out-of-court settlement to resolve the dispute.
Limit Your Communication With the Other Party
Once litigation becomes a realistic possibility, you need to be extremely careful when it comes to communicating with the other parties that are involved in the case. What you say can potentially be used against you in court. The last thing you want to do is to damage your own case by saying something that can be taken out of context. To protect your company, it is best to conduct all communication with the other parties through your Clearwater business law attorney.
Preserve All Relevant Evidence
If your company is being sued, you have a legal obligation to preserve all relevant evidence. This is a broad duty, so it is important to save everything. Additionally, you will want to ensure that you keep all documents and records that could be potentially useful to your case. Ultimately, strong supporting evidence is the key to any legal case.
Do Not Wait to Hire an Attorney
Finally, in Florida business litigation, the single biggest mistake that companies make is waiting too long to seek professional legal assistance. When a lawsuit becomes a possibility, you should get a qualified business litigation attorney by your side immediately. Your lawyer will be able to hit the ground running, assessing your claim and determining exactly what action needs to be taken to protect the best interests of your business.
Contact Our Clearwater Business Litigation Lawyers Today
At Clearwater Business Law, our legal team has deep experience handling complex business litigation cases, as well as partnership disputes, contract breaches, and more. If your company is considering filing a lawsuit, or if your business is facing a lawsuit, please call our firm today at (727) 785-5100 to schedule your fully confidential business law consultation. From our office in Clearwater, we serve companies throughout the region, including in Pinellas County, Hillsborough County and Pasco County.