When having disputes in your business transactions or with your partners, you need a commercial litigation lawyer. Commercial litigation lawyers specialize in commercial litigation or business litigation, a branch of business law. The services of these specialists come in handy where there’s a breach of contract or when business partners or shareholders disagree on various issues.
Read on to learn more about commercial litigation attorneys, what they do, and how they can help you.
What Is Commercial Litigation?
Commercial litigation or business litigation is a field of law that focuses on disputes that arise in the business context. These disputes may include a violation of contract, class actions, partnership disputes, shareholder-to-shareholder litigation, business torts, and breach of fiduciary duty.
Commercial litigation can occur in a wide range of forums. Since such litigations arise from some kind of agreement or contract, the parties involved could be in federal court, state court, private arbitration, or administrative hearings.
The process of business litigation is virtually similar to any other type of civil litigation. Both the plaintiff and the defendant will need an attorney, both sides will need to conduct factual investigations, and both attorneys will need to research applicable law.
Both sides can engage in settlement negotiations before the plaintiff’s lawyer files the lawsuit. Other processes of commercial litigation include both parties conducting discovery, participating in motion practice, and standing before a judge or jury to try the case. They can then file motions post-trial and any other necessary process depending on the specific case.
Commercial litigation lawyers should evaluate the merits of a disagreement and listen to their clients to determine the most effective approach to prosecuting or defending against a claim. Commercial litigation can be complex, requiring sober judgment and strategic decision making, and clients need to hire lawyers that understand their industry and their business to ensure adequate representation.
Common Types of Commercial Litigation
There are numerous different types of commercial litigation cases, which we cannot exhaust in this article, but below are the most common types that commercial litigators in Amelia, Jacksonville, and First Coast deal with every day:
- Breach of Contract: If a business or individual fails to keep a promise they made in a legally binding agreement, it will result in a civil proceeding. The common reason for breach of contract litigations is that certain terms in a contract are unclear and open to multiple interpretations. Any party aggrieved in a contract action can sue the other for breach of contract.
- Corporate and Commercial Litigation: You can sue a corporate entity, or a corporate entity can sue you for various reasons. You’ll need a commercial litigation attorney in either case.
- Consumer Class Action: A class action is a legal procedure that allows a group of individuals with similar grievances to file a lawsuit against someone who harmed them. Some common class action lawsuits are cases involving consumers harmed by a defective product or employees being discriminated against by their employer.
- Intellectual Property (IP) Litigation: IP litigations usually involve trademark infringement, patent infringement, and copyright violation. You may need an Intellectual Property attorney if you are a party to IP litigation.
- Antitrust Litigation: If a company fails to comply with competition regulations in their operations, it may result in antitrust litigation. An antitrust case may fall under civil litigation or criminal litigation.
- Securities Litigation: These types of litigation involve disputes between security issuers and the individuals investing in them.
Other types of commercial litigation include bad faith cases, aviation disputes, construction cases, business torts, fraud actions, creditor or debtor cases, trade secret lawsuits, and tax disputes.
The Difference Between Commercial Litigation and Traditional Litigation
The primary difference between commercial litigation and other types of litigation is the involvement of businesses instead of only individuals. Additionally, commercial litigation involves highly technical issues and is often more complex, both factually and legally.
In commercial litigation, aggrieved parties often file cases in federal courts rather than state courts. The issue can be a multi-district litigation or class action lawsuit depending on the number of parties involved or the kind of parties involved.
Moreover, due to the complexity of commercial litigation, such cases can be more expensive and persist for a much longer period than other types of litigation. Specific steps of the litigation process, such as discovery and forensic assessments, often require more resources than traditional litigations.
Now that you understand what commercial litigation is, let’s explore what a commercial litigation lawyer does and why it’s essential to find an experienced one.
What Does a Commercial Litigation Lawyer Do?
A commercial litigation lawyer is a specifically educated, trained, and experienced legal professional in business-related litigation. This legal expert focuses on representing commercial clients or individuals in a financial or business-related dispute. His purpose is to protect the company or individual’s rights and obtain the most favorable outcome at the end of the litigation process.
When you contact a commercial litigation attorney, they often start by analyzing your case. It is important to answer all your attorney’s questions and provide all relevant information, so they can determine the best way to handle your case.
An experienced commercial litigation lawyer usually wants to find the best legal option to minimize your financial risks. After analyzing the options available for your case, the attorney will advise you on whether to go for an out-of-court settlement or proceed to file a court lawsuit.
A commercial litigation attorney can handle all the aspects of a litigation process on your behalf, including:
- Performing the initial case assessment
- Drafting the required motions or pleadings
- Preparing responses to the other party’s claims
- Exchanging information with the other party in the discovery process
- Ensuring the necessary documentation for the lawsuit is in order
- Determining the best approach to the case based on the evidence available
- Presenting the case in court
- Negotiating with the other party’s attorneys in the settlement phase
- Appealing the case if not satisfied with the outcome
Do I Need a Commercial Litigation Attorney?
Hiring a commercial litigation lawyer is critical if you are involved in a business-related dispute. This action gives you peace of mind knowing that you have a knowledgeable legal professional you can depend on to confidently represent you and guide you through the usually daunting litigation process.
Having an experienced commercial litigation lawyer by your side raises your chances of reaching a favorable resolution. The primary aim of commercial litigation lawyers is to help their clients minimize potential financial losses to the business.
Therefore, your attorney will often start by evaluating the details of the case with you to determine whether it is best to negotiate with the other party out of court or proceed to a court trial. Since commercial litigation can be expensive and stressful, you should consider whether your dispute is serious enough to necessitate hiring a commercial litigation attorney.
What to Look for in a Commercial Litigation Attorney
Choosing a commercial litigation lawyer is something you shouldn’t take lightly. You should take the time to find a lawyer who understands the specific details of your case and has the necessary resources to prosecute the matter effectively.
You need to consider several important things when hiring a business litigation attorney:
Commercial litigation covers a vast range of legal issues, and an attorney may not have experience in all the different litigation areas. Therefore, when interviewing commercial litigation lawyers, you should ask them about their experience with the specific type of dispute you are facing.
You want to ensure you choose an attorney knowledgeable about the area of law that affects your case. An attorney specializing in your specific area of law would also be more efficient and make the entire process easier for you. The commercial litigation lawyer you choose should also have a good track record of obtaining favorable outcomes for their clients.
You might want to check what other professionals and previous clients are saying about your prospective commercial attorney. Talk to other business owners about the business litigation firm they hired to handle their case.
You can also check client reviews on various online platforms and client testimonials on the law firm’s website. If many individuals and businesses have had a great experience with an attorney, the chances are that they are reputable and reliable.
Another important consideration when hiring a commercial litigation attorney is the capacity to handle your case effectively. It’s best to choose a law firm with several partners and associates, ensuring you have access to adequate resources and a wider knowledge base.
While solo practitioners may have experience in specific areas of commercial law, it can be challenging for them to be knowledgeable in all areas of business litigation. They may also have inadequate resources to handle your case if it becomes more complex.
Contact Us Today
If you are a business owner in Amelia Island, Florida, and you have a dispute that requires filing or defending a lawsuit, the commercial litigation attorneys at Montague Law are ready to help. We handle business-related litigation throughout Amelia, Jacksonville, and First Coast. Call us today at 904-234-5653 or fill out our contact form to schedule a free consultation.