Business litigation is typically caused by:
Breaches of Contract: one business does not fulfill its responsibilities outlined in the contract, so the other business seeks legal action.
Intellectual Property Disputes: one business has created a new product and legally obtained...
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Archives: FAQs
The first step of a business lawsuit is pre-filing, a phase that commences before officially filing a dispute. In this stage, the filing company must gather evidence, conduct extensive research, and file a claim against the company toward which they seek legal action.
Depending on a case’s complexity, business litigations usually take anywhere from six months to several years. If the case contains multiple pieces of evidence, a long discovery phase, and an extensive list of issues, it can take even longer.
Corporate law firms advise and represent businesses in a range of areas including formation, mergers and acquisitions, and dissolution. Essentially they write, edit, and review contracts and may be involved in negotiations and M&A planning. These businesses may be partnerships, publicly held corporations, private companies, or startups.
Corporate law is the law surrounding corporations, their formation, and operation. Business law is a much more general term encompassing a range of federal, state, and local laws, including laws pertaining to:
business operation
human resources
taxes
Corporate law governs corporations, their formation, operations, mergers and acquisitions, and dissolution. It includes the rights, relations, and conduct of people and companies involved. A corporate law firm or lawyer may also provide ongoing corporate law services such as HR contracts, consulting, and compliance.
The foundational factors you should consider while choosing a corporate or business lawyer are experience, track record, and local knowledge. Also important is the attorney’s communication style: Is the attorney attentive and quick to respond, and most importantly, does the attorney instill confidence and trust?
The terms corporate law and business law are sometimes used interchangeably and many law firms handle both. But the two categories are quite different. Corporate law is the law pertaining to corporations, their formation, and operations, while business law is...
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Questions often focus on clarifying each party’s concerns, and potential weaknesses in the case, and exploring possible solutions or compromises.
Personal injury cases are commonly settled through mediation. U.S. Department of Justice estimates suggest around 97% of personal injury cases settle out of court, mostly through mediation.