Paley Rothman shares this library of resources with clients and friends of the firm to help them stay ahead of legal and business developments and trends. Here, you will find helpful tips and tools written by our attorneys. The information in the blogs and articles is not a substitute for legal advice and should not be relied on as such. Should you have any questions or want legal advice, please contact the attorney who wrote the blog or article.
Sometimes, as parties are negotiating an agreement, they will sign an interim document – such as a letter of intent (LOI) or memorandum of understanding (MOU) – reflecting the terms to be incorporated into a later, formal agreement.
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Your business has weathered a rocky economy. You have looked for expenses that can be trimmed from your budget. You eye the number entered next to “Legal Expense” and think that maybe you could reduce it by using some form contracts or drafting your own. Most assuredly, you would only think that way if you have never been involved in litigation.
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So, you thought you had a good case going into trial, but things did not go quite the way you anticipated. Rest assured that the trial court’s decision need not be the end of the line. The appellate courts exist because the trial courts do not always get it right.
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So, you thought the trial went well, but somehow the judge didn’t see things your way. Your trial counsel is stressing, and you’re wondering what happened and whether you have any recourse. Sounds like the scenario for a potential appeal.
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