What are litigated claims? Litigated claims are non-filed legal positions but can also refer to cases that are filed with a court. What does litigation mean in a settlement? A settlement involves a negotiation process where the parties agree to resolve the dispute...
Litigation risk refers to the possibility that an individual or business will face legal action due to their actions, services, inaction, or products. Litigation risk assessment Some organizations will use a litigation risk assessment to provide a concise, early...
A litigation hold (also called a legal hold) is a process that helps preserve all data that may relate to a legal action or reasonably anticipated legal action involving an organization or individual. The hold temporarily suspends an organization’s normal...
The timeframe to litigate a case from start to finish varies. Some cases can be resolved quickly, such as in a few weeks or months. However, other cases may take years to conclude. Influencing factors Factors that can influence the length of litigation depend on the...
Litigation involves several stages. Ideally, you’ll first consult with a lawyer or litigator experienced in the issues you’re facing. They will meet with you for an initial interview to help explore the situation and advise you of your options. If you begin the...
Litigation and arbitration are both binding forms of dispute resolution. The main difference is that a judge or jury renders a decision in litigation while an arbitrator (or third party) decides the case in arbitration out of court. When to use litigation over...
