If you own a business that hasn’t yet been forced into a lawsuit, you’re way ahead of many other business owners. Unfortunately, business litigation (lawsuits involving businesses) is a fact of life for many business owners. It’s not a matter of if, it’s a matter of when. Even if you’ve done nothing wrong, you may one day be served with legal papers and find that your business is a party to a lawsuit. Business lawsuits are generally expensive, time-consuming, and stressful. It’s important to be prepared so that you know what to do when a lawsuit is filed against your business.
First Steps When Your Business Has Been Sued
First things first - if you have been served with legal papers or otherwise notified of a pending lawsuit involving your business, contact an attorney immediately! When involved in a lawsuit, your company needs to hire an attorney to represent it. Do not try to represent your business in court yourself - you will likely end up costing yourself more money and making things worse.
Next, gather all of the relevant documents related to the lawsuit. This may include contracts, emails, invoices, meeting minutes, or any other documentation that could be helpful to your case. You’ll also want to make sure you're examining your digital files to find other evidence for your case. Businesses can easily be targeted for lawsuits, so you need to have a plan in place to protect yourself.
Getting Ready for Discovery
Once your attorney has reviewed all of the documents and is prepared to discuss strategy with you, it’s time for discovery. Discovery involves exchanging information between both parties involved in the lawsuit - this may include depositions as well subpoenas and other requests for documents. Your attorney will help you through this process and make sure that you are complying with court rules.
Going to Trial
The next step is trial. Depending on the case, it may take several months or even years for a trial to actually happen. During this time your attorney will continue to work on your case and prepare for trial. If the case doesn’t settle before trial, you should be prepared to set aside all your other obligations and focus on your trial.
The trial is the time when each side will present their case to the jury or judge. Your attorney will argue on your behalf and try to get a favorable verdict. After the trial, the court will issue its decision. If you lose, your business may have to pay damages to the other party. However, if you win, you may be the one who is entitled to have their legal fees paid for. Business litigation is a very complex area of the law and often takes years before it’s over.
When you’re in the thick of a business lawsuit, it can be hard to know what to do next. Business litigation is a complex and oftentimes messy process. If you are on one side of a business lawsuit, there are certain things you should do to protect yourself and your business. And if you’re on the other side, you'll want to focus on the next steps to prosecute your claims.
No matter which side of a business lawsuit you’re on, it is important to have an experienced Business Lawyer in your corner. Business lawyers are experts in commercial law and can help you navigate the complicated legal process. They can also offer valuable advice on how to protect your interests and reach a favorable outcome.
If you have been sued by another business, the first thing you should do is consult with an experienced Business Lawyer. They will be able to advise you on the best course of action and create a plan for you and your business. Business lawyers are experts in commercial law and can help you navigate the complicated legal process. They can also offer valuable advice on how to protect your interests and reach a favorable outcome.
If your business has been sued, let's set up a Legal Strategy Session to discuss the next steps and you can also fill out a litigation survey so we can have an informed Legal Strategy Session.