Today’s businesses face a more competitive landscape than ever before, but opportunities for growth have never been better. With reliable business counsel services, well-managed companies can achieve their strategic development goals with Spizzirri Law by their side. Drawing on over 30 years of business, legal, tax and financial experience we help businesses manage risks and allocate resources for growth with strategic management of your legal function and we are ready to collaborate with you.  Business owners may view legal expenses as unnecessary or even wasteful. However, appropriate legal expenses add business value and driving a higher sales price upon exit. For example:

1.) Careful drafting of legal agreements, governing instruments and contract management mitigate or eliminate civil litigation expenses.

2.) Regulatory Compliances and preparation during the ordinary course of business before a regulatory investigation begins is much more cost effective than preparing documentation during an investigation or in response to regulatory information requests and then arguing for abatement of penalties and interest.

3.) Risk management to mitigate unexpected loss outside the owners control from negligence, natural disasters or other outside factors.

Civil litigation is generally more expensive than alternative dispute resolution or commercial negotiation. Advanced planning mitigates litigation expenses in specific situations. With strategic planning, we can identify the high risk situation unique to your company and plan to manage that risk and insure against it.  Most business insurance policies provide coverage for legal fees as well as settlement amounts or judgements. 

In addition, many policies of general liability protection allow the insured to carry a rider that allows them to select an insurance defense firm of their choice rather than allow the insurance company to decide. Careful review and selection of general liability and other applicable insurance coverage is therefore very important. 

In the alternative, plaintiffs business-litigation costs can be covered by contingency fee arrangements, where the plaintiff does not play anything unless a recovery is made, hybrid hourly-contingency engagements and litigation financing are all options available to plaintiffs who prefer not to bear the expense associated with the prosecution of their case to improve cash flow and profitability.