Four Benefits To Hiring A Litigation Attorney

Written by Small Business Magazine on September 10th, 2018. Posted in Contract interpretation, Electronic case management, Qui tam actions

The chances are good that you’ve heard the story of Bernie Madoff. The once-storied investment manager enjoyed a illustrious career on Wall Street, serving as the chairman of the NASDAQ stock exchange for a time before his arrest in December 2008 for operating the largest Ponzi scheme in history. Collectively, Madoff’s victims lost nearly $20 million and he is serving a 150-year prison term.

Stories like Madoff’s are on the extreme end of the spectrum, but it’s illustrates the need for good representation in court, particularly when it comes to companies, regulation and complex commercial litigation.

In the 2014 fiscal year, the SEC filed a record 755 enforcement actions covering a wide range of misconduct and obtained orders totaling $4.16 billion in disgorgement and penalties, according to preliminary figures.

In the 2013 fiscal year, the SEC filed 686 enforcement actions and obtained orders totaling $3.4 billion in disgorgement and penalties. In 2012, the SEC filed 73