The Price of Being Right: Understanding the Costs of Litigation

In this episode of the Strata Law podcast, Anne Fernando, Partner at Sachs Gerace Lawyers explains one of the most important—but often misunderstood—aspects of litigation: legal costs. In this episode, Anne breaks down what legal costs actually include, who pays them, and why commencing legal proceedings is as much a financial decision as it is a legal one. Through practical examples, Anne explores the risks of litigation, the impact of settlement offers, the differences between court and tribunal cost rules, and why even a successful party may not recover all of their legal expenses. Anne also discusses when litigation is commercially worthwhile, when settlement may be the better option, and how obtaining sound legal advice can help individuals and businesses make informed decisions before taking legal action.Produced by Law Firm Marketing experts, Practice Proof