There is no downside to identifying preferred counsel, considering strategic plans and budgeting sooner rather than later. 

Today, companies are faced with increasing regulatory requirements and financial pressures. Regardless of a company’s size or scope, litigation is more likely now than ever. From the in-house counsel perspective, litigation is something best avoided, as it can become a time and money draining distraction. This article, and several that will follow over the course of the coming weeks, will examine issues that can and should be considered before litigation materializes, whether one is a prospective plaintiff or a defendant, in order to minimize the potential negative effects of a litigation experience. The goal is to provide the in-house practitioner with a litigation “tool kit,” to proactively address issues that will impact potential litigation.

To read the full article, visit insidecounsel.com.