In a previous post about high risk and Colorado business litigation, I reminded companies who hire lawyers by the hour of the substantial expense of that arrangement as well as the potential conflict of interest between the business and its lawyers. Now, let’s look at a couple of other risks.
Risk #3: Lack of courtroom experience.
The law firm who bills you hourly often has a bunch of junior associates
who do most of the case preparation. The lawyer who will try the case,
though, is rarely involved in the early stages. Why would you want lawyers
preparing your important case when the lawyers may never have tried a
lawsuit? Some of them have never been inside a courtroom. Hiring an injury
lawyer who agrees not to be paid unless you recover money means that your
lawyer will be involved from the very beginning. No more junior associates
churning out huge monthly attorneys’ fees.
Risk #4: Case becomes too technical. You don’t need a lawyer who knows the nooks and crannies of arcane
accounting practices and has memorized the footnotes to the rules of the
SEC. When you sue a brain surgeon who has made a mistake, don’t
look for a lawyer who has been to medical school. Look for a good injury
lawyer. When your family has been injured because of a design defect in
an automobile, don’t hire a lawyer who has been trained as a mechanical
engineer. Hire an injury lawyer. Injury lawyers understand how to simplify
the case and keep the jury focused on the trial story and not on accounting
I would enjoy the opportunity to discuss with you or one of your customers
how we can work with you on select high risk / high reward business litigation.
We work on a contingent fee basis. Contingent fees are not just for injured
people. They also work well for commercial/financial institutions who
do not want to front large legal fees in a case where success is not assured.
In those cases, we become your partner. We do not take a fee unless we
recover money for you. Contact me.