As we have routinely noted in our blog, many different types of legal disputes can arise. No matter what type of civil dispute arises with your business, proceeding to trial is likely to be very expensive. There is no way to accurately predict the amount of the ultimate costs of a lawsuit, which can make proceeding to trial very risky. In fact, in some cases, going to trial may cost you more in costs and fees than the claim itself is worth.
In addition to attorneys’ fees, there are the fees that the court charges to both initially file a lawsuit, as well as to file and deliver subsequent motions to the court. In many cases, you will need to hold formal depositions for witnesses, which can average as much as $1,000 – $2,000 per day for the services of the court reporter. If a deposition must be videoed or you need to hire an interpreter, there will be additional costs involved. Expert witnesses also cost hefty fees, and often are an essential part of your case. Even worse, if you lose your lawsuit, then you very well may have to reimburse the other party for the reasonable costs that he or she incurred in defending the suit. These costs will include all of the expenses described above, and perhaps other fees, depending on the situation. In some cases, for instance, a lawyer may rent special trial presentation equipment or purchase software in order to effectively present his or her case.
Another very real “cost” to take into account in deciding whether to proceed to trial is the investment of time. Preparing for a trial is no small endeavor, and while your attorney will handle most of the trial preparations, you also will need to spend a significant amount of time in preparing your testimony. You may need to attend multiple hearings and depositions, as well as the time necessary to try the case, which can cause you to lose wages when you have to be off work.
When you are involved in a business dispute, Heit Law Group, P.C., is here to help. We care about you and your business, and, as a result, our California business ligation attorneys stand ready to represent your interests and give you the advice that you need. Contact your California business lawyer today and learn how we can advocate for your business in whatever legal matters arise.