How does a business enterprise in the United States reduce its litigation costs in an era when the country’s legal system, and especially the litigation process, involves profound dysfunction and spiraling costs? Joseph F. Speelman, associate general counsel at Lyondell Basell Industries, offers five tips for a holistic approach to tackling the issue. During his tenure at Lyondell, the company’s litigation costs have been reduced by 80 percent.
Avoid Quick Fixes and Control the True Cost of Litigation
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