What Does a Commercial Litigation Lawyer Do?
The law is a vast domain, and one of its areas is commercial litigation. If you ever wondered what a commercial litigation lawyer does, this is your chances to find out. Gain more insight on what commercial litigation means and when you might require help from an expert in this field.
What Is Commercial Litigation?Commercial litigation covers any dispute between companies. This type of litigation implies that two or several parties try to solve a conflict involving business transactions by appealing to the legal system. Commercial litigation is an umbrella term applying to any business-related issues.
What Does a Commercial Litigation Lawyer Do?A commercial litigation lawyer is a legal expert who represents a company's interest in a financial dispute. The lawyer's purpose is to protect the company's right and obtain the best outcomes at the end of the litigation process.
When you contact a commercial lawyer, the first thing this person will do is analyzing your case. You will be required to answer all their questions and provide relevant proof to help them understand how they should proceed. You might be seeking for representation, or you might be acting as a claimant. A commercial lawyer's primary role is to choose the best legal option that will minimize the financial risks for your business. After establishing your claim's potential, they can tell you whether it's best to have a court lawsuit or an out-of-court settlement. Either way, the lawyer's role implies various responsibilities since they can handle all the legal matters on your behalf, from proof-gathering to the actual filing. These are some of the most common duties commercial litigation lawyers usually have to undertake during a litigation process:
- Conducting the initial case evaluation
- Drafting the necessary motions or pleadings
- Formulating responses to the other party's complaint
- Exchanging information with the other party during the discovery process
- Preparing the necessary documentation for the court lawsuit
- Choosing the best strategy to deploy in court based on the existing evidence
- Presenting the case in court
- Negotiating with the other party's lawyers during the settlement phase
- Appealing the case if the negotiation fails
When Could a Commercial Litigation Lawyer Help Me?Here are some examples of the most common commercial disputes that require legal assistance:
- Breach of contracts
- Corporate disputes
- Fraud disputes
- Intellectual property disputes
- Debt collection
- Partnership or shareholder disputes
- Employment disputes
- Breach of fiduciary duty
- Tortious interference
- Product liability claims
Typically, commercial lawyers don't have experience in all these different litigation areas. Therefore, it's essential to seek a lawyer who has proven experience in the niche that interests you if you have a dispute to solve.