The first few weeks of a new year include culling through financial records and preparing tax papers for the April 15 deadline. This year, however, there are some individuals and bu Whether you are looking for sinesses that are also sifting their way through papers that are specific to the Coronavirus pandemic. From unemployment papers to stimulus payments, there are many people who will be checking with accountants and CPAs to make sure they understand what kind of papers must be kept and what items can be run through small capacity shredders. Most companies, of course, have regularly scheduled commercial shredding services to stream line the processes that take place at the end of the year. Transferring your individual papers and business files to a digital format, of course, is one change that has made the managing of real papers easier. All of these digital files, however, can also become cumbersome, so it is often in your best interest to work with an advisor to know how long these digital files must be kept.
Aside from the paper and leg work that is involved with taxes this year, however, there are also many more people than normal facing the challenge of bankruptcy as a result of the economic damages of the economy. Whether you are searching for legal help with filing taxes in these challenging times or you are seeking assistance with a bankruptcy or antitrust case, or you are facing a complex civil litigation process, seeking the most experienced help as early as possible is always in your best interest.
Complex Civil Litigation Requires Careful Attention to Many Kinds of Details
From patent disputes to product liability to complex civil litigation, the kinds of legal challenge that Americans are facing during these challenging times can be overwhelming. The solution, of course, is in getting the most experienced leagal help that is available. To access this help, however, it is important to make the right contacts as early in the legal process as possible. And just as the best automobile repair services and the most experienced doctors have waiting lists, it certainly should come as no surprise that if you want the most experienced lawyer you need to start the process sooner rather than later. If you are talking to an attorney who has no waiting list it may indeed be an indicator that their services are not in high demand. And this lack of demand could possibly be an indicator of the level of service a particular lawyer or firm can provide.
Consider some of these facts and gigures about the many times when people might be looking for legal help:
- Even before the threat of the pandemic the nation could save approximately 5,000 lives a year and prevent thousands of cases of respiratory and heart disease by reducing toxic air pollution from industrial plants. Complicated by the threat of the pandemic, of course, it is important to know that the attention paid to air quality today is even more consequential.
- Moving from the air to land, it is also important to note that more than 33% of all counties in the lower 48 states will face higher risks of water shortages by mid-century as a result of global warming. This is a threat some fear will be even greater with so many safeguards removed by the current administration.
- Looking back to 1962, 11.5% of federal civil cases went to trial. Today, however, experts say the percentage of civil cases that actually reach trial in the Federal courts is estimated to be about 1%. And while complex civil litigation is more likely to end up in a courtroom, the fact is most cases are simpler and will be settled out of court, relying on the expertise and experience of the lawyer that is selected.
- Except to the extent modified by the parties, class actions will be handled by FedArb Arbitrators or Panels in the same manner as they are handled under FRCP 23. This includes certification, notice, and settlement.
- As many as 90% of all Chapter 11 debtors have less than $10 million in assets or liabilities, less than $10 million in annual revenues, and employ 50 or fewer employees.