litigation costs

Litigation costs refer to the expenses associated with resolving a legal dispute through the court system. These include fees for filing lawsuits, paying attorneys and legal professionals, court reporting, administrative costs, and often expert witnesses or evidence gathering. Costs can vary depending on the complexity and duration of the case. Understanding these expenses is important because they can significantly impact the overall outcome, potentially influencing settlement decisions or the feasibility of pursuing or defending a claim. Managing litigation costs effectively is essential for individuals and organizations involved in legal proceedings.