Choosing a Litigation Support Specialist for Commercial Loan Cases
Commercial loan cases typically involve a lot of funds, a lot of complexities, and a lot of contention. No matter if you’re representing the plaintiff or the defendant, you need to consult with a litigation support specialist who can deliver the right insight for your case. When choosing this key consultant, seek out a professional with both extensive financial knowledge and legal experience.
Financial Knowledge
Lending is a complex field; even seasoned attorneys have trouble understanding loan documents, especially for commercial lending. Thus, you need to hire a litigation support specialist who can fill in your knowledge gaps and ensure discovery and research go smoothly. Ideally, you want to find an expert who understands not only commercial loans inside and out but also has a broad knowledge of other types of lending and the financial world at large.
Legal Experience
With a large commercial loan case, you must minimize any chance of error throughout the process. Thus, you should choose a litigation support specialist with extensive legal experience in and out of court. Whether you’re hiring a financial expert for assistance with document review or expert testimony on the stand, the more familiar they are with the legal system, the better.