The current economic climate presents unique challenges for businesses, with experts suggesting a potential downturn that could impact financial stability. In this context, in-house attorneys are encouraged to evaluate possible litigation claims that may be latent within their companies. These claims could potentially result in significant financial recoveries, providing a buffer during financially challenging times.
Will Burgess at Hilgers Graben outlines a framework for legal departments to effectively assess these claims. This involves critical examination of any hidden litigation that may remain unexecuted but could be instrumental in supporting a company’s financial position. By strategically identifying and pursuing these avenues, companies can position themselves more resiliently against economic fluctuations.
For more on the detailed strategies suggested by Will Burgess, please refer to the original article on Law360.