Jessica G. Kelly quoted in Business News Daily article, “You’re Being Sued: A Guide to Handling a Business Lawsuit”
Jessica G. Kelly, partner in the firm’s Litigation Department, was recently quoted in Business News Daily. The article entitled, “You’re Being Sued: A Guide to Handling a Business Lawsuit,” breaks down the steps to take if your business is being sued.
From the article:
“You need to understand the nature of the claims against you and the potential liability and exposure to your business so you can make a business decision on how to proceed with the case,” said Jessica Gray Kelly, a partner at Sherin and Lodgen. “Litigation costs can rise quickly, so if the claim is only for short money, or there is a nonmonetary way to settle the dispute, that may be a better business option for the company.”
Kelly recommended asking your lawyer to explain the litigation plan, potential exit strategies and estimated costs at different stages of the proceeding. You should also discuss whether it makes sense to propose alternative dispute resolution to the plaintiff.
Don’t try to cover anything up. “Be completely honest with your lawyer about the facts, they will come out sooner or later, and it is better for your lawyer to be prepared for them than be caught by surprise.”
You can read the full article here.
Business News Daily was founded in 2010 as a resource for small business owners at all stages of their entrepreneurial journey.