Saturday, December 22, 2018

Should You Settle or Should You Sue?


Lawsuits are Financial Decisions: Weigh Costs and Choices

How do you know whether filing a lawsuit will yield the money or actions that you want? Lawsuits are financial decisions. Weigh costs with choices and interview several attorneys if you're going to file a lawsuit.

Florida attorney L. Reed Bloodworth asks the question: Should you settle or should you sue?

Reed says that filing a lawsuit should be purely a financial decision whether it's a business, trust, estate, employment or other type of dispute. It may be a lawsuit against family, or against a Fortune 500 company, but it can become expensive and last for more than a year.

Other Options to Filing a Lawsuit

If your business partner breached a contract, you may be able to negotiate a settlement to resolve a dispute.

But if a vendor won't deliver products or services, you may be losing money every day. Is there a negotiation to reconcile and come to an agreement? Reed handles negotiations through legal actions

Will a lawsuit cost more to file and execute? Time, costs and unknown outcomes can be financially challenging

Everyone says they want "a pit bull in the courtroom." In actuality, they want a rationale, highly skilled negotiator who is savvy. He or she needs to know what a judge or jury will do and the risk that clients take in filing a lawsuit.

Your attorney had better understand litigation and be able to explain your choices clearly.

Should you sue or should you settle? Ultimately, your attorney provides choices and possible scenarios. But no one can know what a jury will do or which way things can turn.

Talk with Reed about what Reed and the Bloodworth Law team can do for you.How do you know whether filing a lawsuit will yield the money or actions that you want? Florida attorney L. Reed Bloodworth says that filing a lawsuit should be purely a financial decision.

If your business partner breached a contract, you may be able to negotiate a settlement to resolve a dispute. 

But if a vendor won't deliver products or services, you may be losing money every day. 

Will a lawsuit cost more to file and execute? Time, costs and unknown outcomes can be financially challenging 

Everyone says they want "a pit bull in the courtroom." In actuality, they want a rationale, highly skilled negotiator who is savvy. He or she needs to know what a judge or jury will do and the risk that clients take in filing a lawsuit. 

Your attorney had better understand litigation and be able to explain your choices clearly. 

Should you sue or should you settle? Ultimately, your attorney provides choices and possible scenarios. But no one can know what a jury will do or which way things can turn. 

Talk with Reed about what Reed and the Bloodworth Law team can do for you.

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