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  • 28 Rules Of Business Litigation

    The more successful you are, the more you need to remember that the courtroom exists to protect you and your company. Naturally you have to defer to your lawyer, but I have found 28 Rules of Litigation to be rock solid guides for me.

    Upstart: Management

    From Bill Gates at the end of the last century to John D. Rockefeller at the end of the previous century; from Rick Scott, founder of Columbia Health Care; to AT&T; from Richard Branson and British Airlines to Dan Peña and The Financial Times; from government, banking, insurance and every other facet of world commerce – to grow geometrically and stay around, and avoid being ground into a powder by greedy lawyers and the people who will try to cheat you – litigation must be prudently used and mastered – you must lose your fear of litigation and master the legal system. It exists for honest people, like you, not just the bad and the greedy.

    I will, as briefly as I can, memorialize the salient points of using litigation as a business tool. Now before I start, I want it on the record, some 50% of my 30-year track record of litigation has had nothing to do with winning money, i.e., many lawsuits have been over principle, some were to right a heinous wrong such as slanderous remarks made about me; some were to simply protect me or a company that was wrongfully sued; and some were because an entity just needed a good comeuppance and nobody else would carry the flag into battle. I, like Don Quixote, have fought many a windmill.

    Our judicial system works, but we grow up being afraid of it. It’s way out of our comfort zone so we preclude ourselves from benefitting from it.  Normally the cost associated with lawyers and expert witnesses keeps us from using it. In fact, I’m currently embroiled in litigation where the ancillary players to the litigation have rights which are being severely violated. A large group of people could bring great pressure to bear, but they’re afraid because of previous bad experiences. Sometimes people lose faith in their fellow citizens who will sit on a jury and are afraid to go to court to tell their story. They could get what they deserve but aren’t pursuing their best interests.  No one should sue anyone unjustly, but you should not tolerate being sued unjustly either. Sometimes, you or your company will have to sue to protect your rights, or defend yourself all the way through trial.

    Many times lawyers will sue you hoping you’ll “settle” and pay them large sums of money because you are afraid of going to trial. The more successful you are, the more you need to remember that the courtroom exists to protect you and your company. Naturally you have to defer to your lawyer, but I have found 28 Rules of Litigation to be rock solid guides for me.

    Read the 28 Reasons:

    http://www.danpena.com/articles/28-rules-of-business-litigation/

    Upstart: Business and Management for 20-40 Year Old Professionals

    Filed Under: Management

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    About the Author: Mr. Peña is an extremely dynamic and powerful speaker, motivator, and grand master entrepreneur. His Quantum Leap Advantage™ business success seminars have been in demand in the United States, Canada and Europe. Visit his website at www.danpena.com

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