What is a Stipulation?
In business litigation, stipulations are defined as agreements between litigants about undisputed facts. Stipulations can streamline the legal process and can make it easier for a judge to reach the heart of a legal matter. When used effectively, stipulations can help parties of business litigation arrive at a resolution more efficiently and even save on legal expenses.
With that said, it is important that your attorney has the tactical understanding necessary to utilize stipulations appropriately. Any facts that have been stipulated are binding. Consequently, it is necessary that your attorney does not needlessly stipulate to facts that are in question and potentially damage your case.
When are Stipulations Used?
The use of stipulations depends, in part, on the size of the court’s docket. When courts have an extensive caseload, judges are more likely to influence the parties to stipulate to as many facts as possible in order to speed up the legal process. Some courts, such as Tax Court, frequently rely on stipulations between parties.
Drafting Stipulations in Austin? Contact John McDuff.
I am Austin business attorney, John McDuff. For over 20 years, I have represented businesses and individuals in a wide array of complex civil litigation. I will work diligently to reach agreements as to stipulations without negatively impacting your position in the underlying case. To learn more about my approach to business litigation, call me at 512.457.1177 to schedule an appointment. My clients are predominantly from Austin, Travis County, and Central Texas.