There are very few C-level executives who look forward to going to trial. It just does not happen. For most companies, litigation is a drain not only on financial resources, but also on time, focus and energy.
Yet, it is important for every company to understand that litigation is a fact of life in business. For successful companies, it can’t be ignored. There are circumstances that will push even the most litigation-averse board of directors into the courtroom. As such, it can be helpful for companies to set their own “line in the sand” beyond which litigation becomes a viable option.