Company anticipating defese of lawsuit

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Some scholars conted the United Stes is becoming increasingly more litigious. Other scholars believe Americans file no more lawsuits than they did in decades past, but instead contend the perception on increased litigation in the United States is fueled by very large, very well-publicized jury awards to plaintiffs. Consider that roughly only 1% of civil cases filed eventually go to trial. Consider also the other 99% of cases reach resolution through alternative dispute resolution, dismissal by courts, or end for other reson (i.e. lack of funds, public perception, or newly discovered facts).

Hypothesize that you are providing advice to a company (as a manager, owner, or valued employee) that is considering whether to file a lawsuit against or has been sued by another company, customer, or employee. What factors would you evaluate in deciding whether to file, settle, defend, or otherwise resolve a lawsuit? Please give thought to both sides of the coin: as a company considering whether to bring a lawsuit and as company anticipating defese of a lawsuit.

Please be detail when writing out your example,

Reference no: EM132077185

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