Arbitration is a popular alternative to courtroom litigation, and given its well-established track record for reducing legal costs, it’s easy to see why. However, those reduced costs depend upon it being used properly. If arbitration is mishandled, it can actually end up costing just as much as—if not more than—litigation.
Here, we’ll discuss some common arbitration pitfalls as well as how to best avoid them.
Typically, you want to avoid litigation. It can be expensive and time-consuming, and when it happens between business partners, it’s a surefire way to end that relationship. That said, sometimes it’s unavoidable. When pursuing litigation, it’s important to avoid the various pitfalls that could ruin your case. In this piece, we’ll discuss six common litigation mistakes and how to avoid them.
The first mistake may be that of pursuing litigation at all. It’s important to perform a cost-benefit analysis on what you hope to gain from your lawsuit. This not only tells you whether it is even worth pursuing, but it also helps you stay focused on what’s most important if you do decide to litigate.
If your property tax bill seems too high, you may wonder if there’s anything you can do to lower it. One option is to challenge your property tax assessment, but that’s only effective in certain situations, particularly given how these taxes are calculated in Illinois. In this article, we’ll discuss how to decide whether you should challenge your property’s tax assessment.
Before diving into whether you should challenge the tax assessment on your home, it helps to first understand how your taxes are calculated. In Illinois, a property’s taxable value is determined by an assessor from your county or township.
Employee lawsuits can be expensive, even if you end up winning. If you have employees, avoiding employment disputes is vital to success. Here, we’ll go over six tips for avoiding employment disputes.
First, employees are less likely to sue if your expectations are clearly set forth. By taking the time to make sure your requirements are both fair and clear, there’s less of a chance that an employee will feel that they are being treated unfairly.
Mergers and acquisitions are terms often used in the same breath, even to the point where we abbreviate them as M&A. However, while they both refer to the joining of two companies together, they are very different concepts.
Here, we’ll go over the differences between mergers and acquisitions and why you might opt for one or the other.
When it comes to resolving disputes, arbitration has often been touted as more cost-effective than litigation, and it’s generally true—at least as long as it’s handled properly. To get the most out of arbitration, consider the following tips and tactics.
First of all, a clear arbitration clause is a vital aspect of keeping arbitration as cost-effective as possible. By establishing the details of how arbitration will be carried out in advance, you can prevent a lot of the back-and-forth that may occur if those details were left up in the air.
To be truly viable, your personal injury claim needs to be worth the cost of pursuing damages. Some of those costs—such as attorney fees—are contingent upon winning, but others may prevent you from recovering personal injury damages if they are higher than your case is actually worth.
The cost of a personal injury claim depends on a number of factors, but there are some common expenses to keep in mind.
Business disputes can easily lead to expensive litigation. Using the right tactics before going to court can save you a great deal of time and money. Here, we’ll discuss some effective pre-litigation tactics to help you achieve a positive outcome in the event of a dispute.
Ideally, disputes should be resolved before they turn into full-blown courtroom trials. If it seems like litigation may be a possibility, consider these tips and tactics first.
COVID-19 has changed the face of nearly every aspect of society, including the way we handle disputes. Businesses and individuals who would normally handle their disputes in one fashion have found the need to adapt.
The pandemic has caused courts at all levels to delay most hearings. Some courts are shifting some of their meetings and operations to a virtual platform, whereas others are simply delaying all but the most pressing hearings until things clear up.
Running a hospital or medical practice involves more than just treating diseases or fixing broken bones. Numerous laws and regulations affect how doctors should handle patient information, bill insurers, refer patients, and so forth.
Among the most prominent laws doctors should keep in mind are the following:
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