What is business litigation?
When a small business or large corporation is the target of deceptive or fraudulent business practices, then individuals, industry professionals, and corporate executives can sustain substantial losses as a result. At PARRIS, our legal team of professionals has the knowledge, experience, and resources to protect our client’s legal rights as we pursue just compensation for the harm that was done to them by unscrupulous business activities.
Our firm is set apart from many other firms because of our willingness to accept business cases on a contingency fee basis.
Contingency fees are a great asset to the small business because they level the playing field and allow smaller businesses to go head-to-head with large corporations with unlimited resources. When a client hires an attorney on a contingency fee basis, the client does not pay the law firm any money unless their attorney recovers money from the adversary. Although there are a plethora of personal injury attorneys who take clients on a contingency fee basis, there are only a very small number of law firms that take business lawsuits on a contingency fee basis.
In contrast, the large firms that charge high hourly rates upwards of $600 an hour are not willing to accept business cases on a contingency fee basis because their high hourly rates provide a substantial profit without any risk involved. Unfortunately, smaller businesses can’t normally afford to go up against a large corporation even when they are in the right. Since they can’t afford the cost of litigation and high-powered lawyers they wind up settling for far less than their case is worth, otherwise they give up all hope of filing a lawsuit in the first place.
As a contingency fee law firm, we offer an attractive alternative to the hourly billing method employed by most business litigation firms. Instead of being paid up front, our compensation is based on our clients prevailing against the opposition. We afford our client’s the opportunity to recover money that they wouldn’t have been able to get at many other law firms.