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Bankruptcy Law
Frequently Asked Questions About Bankruptcy Law: Bankruptcy is a legal process that helps people who are unable to repay their debts. It provides a fresh start by either eliminating or restructuring your debts. There are two main types of bankruptcy for...
Litigation
Frequently Asked Questions About Litigation:Litigation is the process of resolving a dispute through the court system. It is a formal process that is governed by rules of civil procedure. Litigation can be used to resolve a wide variety of disputes, including breach...
Bankruptcy Law
Frequently Asked Questions About Bankruptcy: People tend to think of bankruptcy as a financial matter. Bankruptcy is more accurately described as a legal proceeding involving money. It is a legal resource intended to be used when a person or business has exhausted...
What is a Dispute Resolution Clause in a Contract?
A Dispute Resolution Clause is a section of a contract that outlines the process by which the involved parties must resolve any issues that arise out of the agreement. Such clauses are typically included to provide a course of legal action for contractual disputes,...
Litigation FAQs
What are litigated claims? Litigated claims are non-filed legal positions but can also refer to cases that are filed with a court. What does litigation mean in a settlement? A settlement involves a negotiation process where the parties agree to resolve the dispute...
What are litigation risks?
Litigation risk refers to the possibility that an individual or business will face legal action due to their actions, services, inaction, or products. Litigation risk assessment Some organizations will use a litigation risk assessment to provide a concise, early...
What is a litigation hold?
A litigation hold (also called a legal hold) is a process that helps preserve all data that may relate to a legal action or reasonably anticipated legal action involving an organization or individual. The hold temporarily suspends an organization's normal retention...
How long does it take to litigate?
The timeframe to litigate a case from start to finish varies. Some cases can be resolved quickly, such as in a few weeks or months. However, other cases may take years to conclude. Influencing factors Factors that can influence the length of litigation depend on the...
7 different phases of the litigation process
Litigation involves several stages. Ideally, you’ll first consult with a lawyer or litigator experienced in the issues you’re facing. They will meet with you for an initial interview to help explore the situation and advise you of your options. If you begin the...
Litigation vs Arbitration: What is the difference?
Litigation and arbitration are both binding forms of dispute resolution. The main difference is that a judge or jury renders a decision in litigation while an arbitrator (or third party) decides the case in arbitration out of court. When to use litigation over...