Can the legal fees in defending a lawsuit impoverish your clients?
Posted on Sep 11, 2017 4:40am PDT
It happens. That’s why we try to avoid litigation with early settlements.
And, yes, we do have clients who come to our office after spending hundreds
of thousands of dollars in legal fees. Sometimes the parties spend far
more in litigation costs than what the subject of the controversy is about.
Still, the trial lawyers are happy to run-up-the-clock. Too few lawyers
look for ways to save their clients legal fees. In fact, legal fees have
increased by 57 percent in the last 5 years. And jokes about lawyers billing
62 hours in a single day are no longer a laughing matter – not when
you’re paying the bill.