Benefits of Litigation BSC

Dec 14
19:33

2008

Sam Miller

Sam Miller

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Choosing litigation to settle disputes and claim redress requires some preparation. Employing a litigation BSC or balanced scorecard will be helpful.

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Litigation is generally defined as the process where companies or individuals (complainant/s) seek redress for wrongs done to them by a third party or parties (respondent/s). Litigation is sometimes a lengthy and costly process,Benefits of Litigation BSC Articles which is why many people opt to have disputes settled by independent arbitrators. For those who are settled on going through litigation, it is good for them to have an objective to encourage them through the process and it will also be good to be acquainted with litigation BSC, to tell them what steps to take before filing the lawsuit and ensure a better chance at winning.

The most important consideration for choosing a court decision is, of course, when the complainant thinks he can get full compensation for damages suffered via a lawsuit rather than mediation. Besides, the length and cost may not be too painful to handle when one is assured to get all litigation expenses back, in addition to the actual or expectable losses resulting from the elicit actions of the respondent. Aside from the financial gains, the complainant can get a ruling barring the respondent from repeating the damaging acts. However, it is imperative that the complainant weigh the cost of time he may be spending in court against possible maximum compensation he can get from winning the case.

Winning litigation, naturally, depends a lot on the kind of evidence the complainant has as basis for the complaint. Even if it is true that the action of the third is injurious to the complainant, a court cannot automatically rule in the latter’s favor without the presentation of valid documentary or eyewitness evidence. Thus, it is important for a complainant to have an objective assessment, by a good lawyer, of the evidence planned to be presented in court. Some of the evidence may look fine to the complainant, but they might turn out to be worthless when it comes to actual court proceedings. A thorough preparation and gathering of all vital evidence that will make the case foolproof should be undertaken before the lawsuit is finally filed in court. Many good cases are lost simply because some technicalities or angles are overlooked.

Nowadays, the law practice is becoming so specialized that there is an appropriate expert in every type of case. There are lawyers specializing in franchises, patents infringement, intra-corporate disputes, and the like. Complainants should be sure that their representation is competent, having the right track record in handling business cases. It will be unfortunate to waste money, time, and effort, only to lose.

It is not always wise to go through the full length of the court litigation to win redress for the injurious acts of the respondents. Sometimes, the latter would signify preference for an out-of-court settlement rather than go though the time-consuming and expensive exercise. This could be beneficial to both complainant and respondent. Out-of-court settlement can be done while the lawsuit is on going. If the offer for settlement will just about get the compensation the complainant expects from filing the suit, then he should go for it.

In litigation BSC, a few things should be considered. The first is the financial cost of the litigation; the second is the preparation before filing of the case, and the third is engaging the best representation to ensure better chances at winning.

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