October 18, 2007
Great news: clients are smarter, better served, or something--but lawsuits are down.
Well, at the moment, who cares about why? See Carolyn Elefant's piece at Legal Blog Watch, re: the new Fulbright & Jaworski survey on the downturn on most fronts in business litigation, and this related report in the Pittsburgh Business Times. Wonderful. Could it be that smart and well-served companies and clients are preventing or minimizing litigation? If the "non-litigation" part of your company or law firm is doing its job, cases should be down.
Litigators are like nuclear warheads; everyone has to have them, and keep them ready for deployment--but once you start using them, everything gets expensive and screwed up. Litigators know this better than anyone. Hull McGuire does commercial litigation, lots of it, and we love doing it. But even in the best of cases, no one ever "wins". Like war itself, commercial litigation is a last resort, and an inefficient way to resolve virtually any dispute.
Updated: 10/16/07 2:30 AM EST
Posted by Holden Oliver (Kitzbühel Desk) at October 18, 2007 11:59 PM