Business litigation covers a broad range of legal issues with disputes that can involve millions of dollars. Many times, parties will attempt to mediate a solution, but when that fails, parties may seek recourse through a trial. In cities such as Newark, Hackensack and other high profile locales in New Jersey, business litigation lawyers are a necessity for protecting the health and well-being of businesses, both large and small.
It’s nearly impossible to define the scope of business litigation, because it can include fiduciary responsibilities, intellectual property, financial and investment disputes, insurance issues and a whole host of related activities. Although every case is different, there are certain strategies to employ to increase the chances of a favorable outcome in any business litigation case.
First and foremost, business owners and executives must remain factual in their approach. Becoming overly emotional and losing objectivity can be a fatal mistake. It’s also important to know the presiding judge in your case. Each judge will have personal biases, likes and dislikes and knowing what those are allows you to form a strategy that plays to those strengths and avoid hot button issues that may work against you.
Business owners must give their legal team enough leeway to form an appropriate strategy and an action plan instead of dictating what strategy should be used. Clients must hope that an issue can be negotiated, but must allow their legal team to proceed as if the issue will be going to trial. They must commit enough resources, both financially and timewise, to give the business litigator all the tools he needs to best represent the business owner’s interests.
Garces, Grabler & LeBrocq is a full service New Jersey law firm with offices in Elizabeth, Freehold, Hackensack, Newark, New Brunswick, Perth Amboy, Plainfield and Trenton.