fees and costs from the losing party .” These types of clauses are important because they can sometimes deter frivolous lawsuits and force parties to come to an amicable resolution . The idea of paying the other side ’ s legal bill , along with the money that is owed , will usually scare most business owners into resolving the dispute before resorting to costly litigation . However , if there is no fear of having to pick up the tab of legal costs , most partners will go to great lengths to get their day in court . If that happens my friends , the only person that will make money for sure , is your lawyer .
17 | TIBO Magazine - Winter 2017
Jesse S . Atwal Attorney at Law jesse @ atwalco . com
www . TIBOmagazine . com