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.
1. Neglecting Cost-Benefit Analysis
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.