Financial lawsuits are more complex than they have ever been, and it’s largely due to intentional choices made by key industry players that have become commonplace practices over the past few decades. The market has favored complex instruments that monetize new investment channels for some time, and when that was combined with the run of deregulation in financial markets at the end of the 20th century and the beginning of the current one, the result has been an expanding wave of products that defy easy understanding. This also makes them difficult to parse when litigating disputes related to these deals. Add in the growing complexity of financial laws and regulations, and it’s no wonder so many attorneys in this area regularly avail themselves of banking litigation support.

Improve Your Understanding of Essential Facts

Litigation support often means bringing in an expert witness, but testimony is just part of the package, and often it isn’t even the most important part. Your ability to negotiate a settlement depends on your fluency with the facts of the case and the effects of the contracts and agreements in effect when the dispute happened. That means the help you get during your prep time is at least as important as the support you get in the courtroom.

When you bring in litigation support, you’re bringing in an expert who doesn’t just fill in background information, they review the evidence through their own professional lens and provide you with the understanding you need to figure out the essential facts needed to establish liability, negligence, and other important factors of the other party’s behavior. Even if you never see the inside of a courtroom, that information is essential to your success, so it is to your benefit to bring help in early whenever you’re dealing with complex financial topics.