3. We moved from Thoroughness to appropriateness
Our team emphasizes the need to move from thoroughness to where not every rock is turned over, to appropriateness, where only the right type and number of rocks are turned. Meaning that we explain to our clients they they are often paying a high price for thoroughness where the stakes of the matter do not warrant it. Time often spent researching every issue and taking every conceivable deposition, usually in the interest of avoiding risk, assumes as though every lawsuit was a “bet-your-company”. Appropriateness means recognizing case objectives and obtaining cost-effective results appropriate to the stakes involved.. To determine appropriateness, both outside counsel and FAA law firm, in consultation with the business client, strategically assess the value of the case and determine the most efficient, cost-effective means to resolve it. As a result major litigation and complex transactions ordinarily require more extensive treatment than matters of lesser complexity and consequence.