I just got back from one of my netwrking groups and don’t feel much better about the economy.  It was the standard doom and gloom you are hearing everywhere.  One thing that did interest me was talking to one of my good friends in business who is an attorney — to be precise he is a litigator.  I asked him “how is the bad economy is effecting people suing one another?”

He told me that his firm is seeing a big swing in the types of lawsuits people are bringing against one another.  The days of business divorces (one partner suing another over the breakup of a business) and law suits based on principal is pretty much over for now.  The way it used to be would be one person saying “I don’t care if I burn the whole company down to prove to you (partner) that I am right” is over.  Now the two parties will just sort out their differences on their own.

What is, I guess, not surprising is that larger firms are more so looking at suing if it makes good fiscal sense.  “Will it cost us $50,000 to sue some one to make back $50,000.01?  Let’s do it.”  My friend told me that that scenario would never have happened when times are good because the same company would have spent their time and effort on something more important.