A couple of years ago, a couple who’d started a restaurant had a $100,000 dispute with their landlord. They’d been litigating the matter for a while. They had spent over $100,000 in attorney fees and costs and were still not close to resolution. They wanted a second opinion. They wished they’d pursued other options of resolution rather than litigation, as the case now made little sense since the litigation expenses had equaled the dispute’s value, but the matter was well short of resolution.
This is a common story in business litigation: it’s often difficult to economically litigate business cases such that the litigation ultimately makes economic sense. The well-heeled always have the advantage of greater resources. In some cases, however, there may be an attorney-fees provision in a contract or at law, which provides a potential levelling of the field because the loser in the case will have to pay the other side’s attorney fees.
So, in business disputes, Mr. Larson looks to provide a resolution and litigation posture and process that makes economic sense for the amount at issue. Oftentimes, a carefully executed, circumscribed litigation approach will provide cost-effective results without breaking the bank.