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The cost of hiring a good business litigator really depends upon the extent to which you desire to litigate a case. Is it only through the point of a demand letter or are you actually going to go through trial? And that actually depends on a client’s appetite for litigation, appetite for spending a significant amount of money. And, therefore, depending upon their appetite they could spend as little as $10,000.00 or as many as a half million dollars depending on the length of the litigation that they have the desire to pursue.
It’s important for a client to understand in advance what their exposure and what their budget needs to be in order to bring a case to the point in the trial process that they want it to end at. Because, otherwise they end up spending $100,000.00 with the intention of going to trial and not getting halfway there.
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Los Angeles, CA commercial litigation attorney Brian M. Grossman discusses some factors that determine the cost of hiring a good business litigation lawyer. He notes that the cost of hiring a good business litigator depends largely on how far a client wants to take the case. Some matters end with a demand letter, while others proceed all the way to trial. Much of it comes down to the client’s appetite for litigation and their willingness to invest significant resources.
Depending on that appetite, a client may spend as little as ten thousand dollars or as much as half a million, influenced by the length and complexity of the litigation. He emphasizes the importance of clients understanding their exposure and setting a clear budget in advance—one aligned with how far they realistically want the case to go. Without that clarity, they risk spending a hundred thousand dollars with the intention of going to trial, only to discover they are nowhere near halfway to their goal.