Over the past few years there has been a lot of news about the abysmal state of the housing market. These waters have been rough for homeowners and sadly, many have faced foreclosure and ultimately, evictions from their homes. With these problems being such a pandemic, there has been a large amount of media attention given to the mortgage crisis. In the swarm of information we receive in the news everyday, the media consensus generally places the fault of the mortgage crisis on the shoulders of the homeowners, intimating that they bit off more than they could chew in pursuing sub-prime mortgages, and in buying houses they “could not afford”. (more…)
Posts Tagged ‘costs’
When it comes to medical malpractice, litigation is a grossly ineffective approach to resolving the dispute. Litigation, especially in medical malpractice matters, is a long process, often taking many years to reach an end. Beyond its sheer length, medical malpractice litigation is also incredibly expensive. The costs to all parties in their stress and their time alone is high, even without taking into consideration the gigantic fees charged by expert witnesses in these matters. Another problem arises when a medical malpractice case finally reaches the trial phase. Juries are most often collections of laypeople with little or no medical training or background. Usually, they simply do not grasp the medical issue at hand and the expensive experts seldom adequately educate the jury on what they need to know in order to make an informed decision and award. (more…)
Conflict is expensive. Regardless of the nature of the dispute, conflict is expensive.