I want to have a heart to heart talk with business people about using the courts to resolve commercial disputes.
If you don’t know me, let me introduce myself. I represented Fortune 500 companies in business disputes small and large for twenty-five years.
The largest cases for which I was primarily responsible involved claimed “hard” damages of a quarter billion dollars. The smallest, $100,000. It’s not worth litigating any business dispute smaller than that and I so advised potential clients.
Take $25,000 to Vegas and put it on “red,” I’d say.
You’ll have more fun losing your money and your chances of coming out ahead of your original stake are just about as good in Vegas as they are in the Los Angeles Superior or Federal District Court.
I’ve talked so much about the inadequacies of legal solutions to business problems that I thought I’d draw a couple of charts to illustrate my points.
by Victoria Pynchon