Litigation is so costly, Because litigation is so costly,

Litigation is so costly

Reference no: EM13251805

Because litigation is so costly, many firms settle suits that they are quite sure they would win if litigated. It is cheaper to settle for $10,000 or $50,000 than to consume management's time and litigation fees. While it is on ethical to bring dubious suits that are largely intended to extract a settlement, is it ethical for firms to settle such cases rather than spend additional resources and defeat such suits?

Reference no: EM13251805

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