Daily Archives: August 11, 2014

Know What’s “On the Table” Before Pursuing/Threatening Legal Action

Before you file a legal complaint– or threaten your opponent that you may file a legal complaint– make sure you understand what is on the table.  That is: what do you stand to win?  What do you stand to lose?  The answers, in fact, usually require significant legal analysis and help from a lawyer.  But people too often guess at answers, and usually guess wrong.

In the film No Country for Old Men, the fellow pictured below was offered a coin toss and had memorably (and understandably) questioned what it was he stood to win or lose .

NoCountryPuttinUp

Do you know what you stand to win or lose pursuing a legal claim?  Really?  Chances are, you don’t have as much on the line as the guy in the movie (or at least I sure hope not).  But you may be making big gambles– or missing out on big opportunities– based on incorrect assumptions.

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