When a business dispute arises in Panama City, one question looms large: Should you sue? Commercial litigation can be a powerful tool to recover losses or enforce your rights, but it comes with costs—both financial and otherwise. Here’s what Panama City business owners need to consider before heading to court.

Breaking Down the Costs

1. Attorney Fees: In Florida, legal fees for commercial cases vary widely but can range from $375 to $975 or more per hour, depending on complexity.
2. Court Costs: Filing fees in Bay County courts start at around $400, with additional costs for motions, depositions, and expert witnesses.
3. Time: Litigation can take months or even years, pulling focus from your business but it may be worth it depending on your motivations and the strength of your case.
4. Emotional Toll: The stress of a lawsuit can affect decision-making and morale.

Potential Outcomes

• Winning: A favorable judgment could recover damages, enforce a contract, or stop harmful actions. For example, a Panama City retailer might sue a supplier for breach of contract and win compensation for lost sales and recover their attorney’s fees.
• Settling: Many cases settle out of court, offering a quicker resolution but often less than the full claim.
• Losing: If unsuccessful, you may owe your own costs plus, in rare cases, the other side’s fees under Florida law.

Is It Worth It?

Ask yourself:

• How much is at stake financially?
• Can the issue be resolved outside court?
• Will litigation protect your business long-term (e.g., stopping a competitor’s unfair practices)?

A Local Perspective

Panama City’s business community often faces disputes tied to tourism or real estate—think lease disagreements during hurricane season repairs. Weighing costs against potential gains is key. Consulting a commercial litigation attorney can help you assess whether suing aligns with your goals.

Litigation isn’t cheap, but neither is letting a dispute derail your business. Let’s talk about your options.

Gross Law Group has offices in Melbourne, FL and Panama City Beach, FL. Contact us toll free 1-888-858-1505.