Aggressively fighting Litigation Costs - A Business Prenup?
The International Institute for Conflict Prevention & Resolution (the "CPR") has come up with a really interesting approach to fighting commercial litigation costs. After apparently a lot of hard work, they have proposed a Model Litigation Civil Prenup to put in all commercial contracts. Essentially, it limits by agreement the amount of discovery and discovery fights parties litigating a commercial contract may engage in.
Here's a link to the site: Economical Litigation Agreements for Commercial Contracts.
I've given it a quick review and, although it's not perfect, it's an intriguing idea. If any of you have thoughts on it, please shoot them to me at info@spoedelaw.com. I'll try to add comments as time permits.

