Have you ever been at work and had really annoying coworker or boss?
Have they ever annoyed you so bad you wanted to hit them right in the face?
But, of course, you didn’t because you went through a quick mental exercise of what would happen if I hit them and is it worth it?
Starting a lawsuit requires the same kind of analysis.
Only the aggrieved party can make that determination.
Some factors I suggest my clients to take into consideration are:
much are you owed?;
fees associated with pursing the case;
relationship with the offending party;
you willing to pay for a lawsuit even if it costs you money?;
you win, does the offending party have the assets to satisfy a judgment?
I can only lay out the factors to my clients. I never make the decision for them because starting a lawsuit is a personal or business decision.
And each factor is important.
Monetarily a person or business must decide whether it is worth pursing a case and if they win, what are the chances of collecting on the judgment.
Also, if someone wants to sue a family member, is it worth it to possibly create lasting damage to the family?
On the business side, if a business has an ongoing business relationship with the offending party, is the lawsuit worth jeopardizing the future business relationship?
These questions are important to answer prior to starting a lawsuit and why it is important to stop and ask, “is it worth it?”
I never want a client to start a lawsuit in the heat of the moment and then have major regrets (guess who usually gets blamed then).
Thank you for reading, my business is to protect your business!
Watch the video above to learn more .
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